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23 Queen Victoria Way
Chester, MD 21619
$585,000
Conventional
Property
Bedroom
3
Bathroom
3
Property Type
Conventional
Square ft
1680
Property Description
Welcome to your dream waterfront retreat! This exquisite 3-level, 3-bedroom, 2.5-bathroom condo offers breathtaking water views from every window. Enjoy your days and nights overlooking the boating acitivty from the marina and Chester River. Step inside to discover a renovation like you have never seen before. Luxury vinyl plank (LVP) floors that lead you to a beautifully renovated kitchen featuring quartzite countertops, new appliances, and under-cabinet lighting. Imagine waking up to glorious sunrises in the front room and enjoying mesmerizing sunsets over the marina and Chester River from your living room, complete with a wood-burning fireplace for cozy evenings that leads to the renovated waterfront patio with expansive views of the marina and river. The second level offers the primary suite, laundry, and a room that is flexible offering many options such as office, sitting room, or the potential for a 4th bedroom. The primary suite is a sanctuary in itself. Offering LVP floors that lead to relaxing balcony where you can unwind on your waterfront balcony offering panoramic views that stretch for miles. The primary bathroom is stunning with a porcelain tile shower, complete with ceiling and floor tiling, elegant frameless shower doors, a new vanity, and a stylish mirror. The third level is completed with 2 large bedrooms with LVP flooring, new fans and both offering sutnning views of the marina and the Chester River. The hallway bathroom has been renovated with new plumbing in the tub/shower combination, new vanity, porcelain tile floors, and a large, deep linen closet. The location of this home is like no other. Only steps away from the waterfront walking path and the gorgeous waterfront clubouse and pool. The clubhouse features a party room and fitness room while the pool offers waterfront views of the Chester River and inlet to the marina. This is truly waterfront living at its finest! Don't miss the opportunity to own this waterfront oasis! Contact us today to schedule a private tour.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1985
MLS Number
MDQA2009338
Location
Address
23 QUEEN VICTORIA WAY
City
CHESTER
State
MD
Zip Code
21619
County
QUEEN ANNE`S
Listing
Provider
Re/Max Executive, original listing
Name
Re/Max Executive
Phone
(443) 274-1900
Office Name
RE/MAX Executive
Office Phone
(443) 274-1900
Agent Name
Crystal Smith

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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.