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10486 S Red Bird Street
Olathe, KS 66061
$1,029,000
Conventional
Property
Bedroom
4
Bathroom
4
Property Type
Conventional
Square ft
3805
Property Description
Welcome to this immaculate, move-in-ready home nestled on a private treed estate lot in coveted Hidden Lake Estates. As you enter through the double doors, you'll be greeted by an open floorplan with beautiful hardwoods, expansive windows and cathedral ceilings, showcasing stunning exposed wood trusses. The kitchen is a chef's dream featuring stainless steel appliances, soft-close cabinetry, a large granite island, gas stovetop and a generous-sized pantry with convenient grocery door from the garage. Step onto the covered deck from the kitchen/dining area, ideal for outdoor entertaining, with stairs to the backyard. The oversized primary suite on the main level offers access to a private deck, perfect for enjoying morning coffee or an evening cocktail. The spa-like en-suite boasts separate vanities, a stand-alone soaker tub and a walk-in shower with dual heads and body sprays. You'll love the large closet with custom cabinetry. Behind custom wood barn doors on the main level, there's an additional bedroom with an attached full bath. Descending to the lower level, you'll discover more than just a standard walkout basement. With 2-story windows, nearly 10 ft. ceilings, and an open staircase, the grandeur is evident. A dramatic custom bar welcomes you into the large family room, complete with built-in cabinetry. An additional living area offers even more space for entertainment, while a small reading nook under the stairs adds charm. Two bedrooms and a full bath complete this level. Walkout to the treed, private, partially fenced backyard featuring a patio and tranquil water feature. Ample storage throughout the home and a central vac add convenience. Notable updates in the garage include epoxy flooring and dog wash. Enjoy Cedar Creek’s neighborhood amenities-clubhouse, exercise room, party room, pickle ball/tennis courts, sand volleyball, swimming pools, trails, lake and access to Shadow Lake golf course. Don't miss the chance to make this your new home!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2018
MLS Number
2478584
Location
Address
10486 S Red Bird Street
City
Olathe
State
KS
Zip Code
66061
County
JOHNSON (SOUTH COUNTY)
Listing
Provider
HomeSmart Legacy, original listing
Name
HomeSmart Legacy
Phone
(816) 682-3338
Office Name
HomeSmart Legacy
Office Phone
(816) 682-3338
Agent Name
Kelly Schnack

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.