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52 Richmond Hill Road
Livermore, ME 04253
$575,900
Conventional
Property
Bedroom
6
Bathroom
3
Property Type
Conventional
Square ft
2684
Property Description
Discover the epitome of comfort and style in this Gambrel-style gem with room for a gentlemen's farm including a barn! The first floor offers a large heated mudroom which connects the house to the oversized 2 car garage & gives you ample room for your shoes,boots & outdoor clothes, next we have a formal diningroom & an eat-in kitchen with charming pine cabinets. Here we have an open concept to the livingroom w/a cozy propane heating stove. From the livingroom go onto the back deck to enjoy the silence & at dusk watch the deer that come out to play, or indulge in the splendor of a 4-season sunroom, complete with sliders leading to another deck where you can bask in nature's beauty & enjoy great sunsets & beautiful mountain views. Most of the rooms on the 1st floor have gleaming hardwood floors except for the tiled full bath, the mudroom which has African hardwood, & the bedroom which has slate. Upstairs we have 3 more bedrooms and a half bath. But that's not all - in the walk out basement the accessory unit or spacious in law unit presents 2 bedrooms & an open-concept kitchen/living room & another full bath. There's multiple heating systems that cater to your every need: propane heating stoves in the living room, sunroom, & mudroom, as well as a propane wall-mounted unit for baseboard heating with instant on demand hot water. Embrace warmth with a wood stove & a pellet stove. You'll be ready for Mr. Winter when he shows up. Additional amenities include central vac, 1st-floor laundry, a covered farmer's porch, a spacious attached 2 car garage, a detached solidly built 1920-square-foot barn, & a 720 sf shed for outbuilding storage. Set upon 29.9 acres of picturesque landscapes, including fields and woodlands, this home is a haven of tranquility. Located in Livermore, it grants access to a range of recreational activities, from hiking to ITS snowmobiling & ATV trails, to cross-country & downhill skiing, & several lakes to fish & boat on. This won't last long!
Property Information
Lot Size
1,302,444 sqft square ft
Property Type
Residential
Year Built
--
MLS Number
1569694
Location
Address
52 Richmond Hill Road
City
Livermore
State
ME
Zip Code
04253
County
ANDROSCOGGIN
Listing
Provider
Better Homes and Gardens Real Estate The Masiello, original listing
Name
Better Homes and Gardens Real Estate The Masiello
Phone
(207) 782-8311
Office Name
Better Homes and Gardens Real Estate The Masi
Office Phone
(207) 782-8311
Agent Name
Linda Beaulieu

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HUD Foreclosures

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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Foreclosure Listings Increasing

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.