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784 County Road Mc
Negaunee, MI 49866
$210,000
Conventional
Property
Bedroom
3
Bathroom
2
Property Type
Conventional
Square ft
1560
Property Description
Here is the best lil hidden gem you’ll see in a while! This has been the family home for a long time but it's time for others to make some great memories here. This farm and homestead is nestled on 36.92 acres on a dead end county road in the quaint town of Palmer. This impeccably maintained home features 1500+ square feet of country living along with the large 4+ car garage with loft, the older dairy barn with cement and dirt floor areas with electric and offering a large hayloft. The country style kitchen is laid out so nicely and is open and with the best views from the kitchen sink! Most of the appliances & mechanicals are newer. The kitchen offers plenty of cabinet space, nice tile back splash, newer windows and front door with built in blinds. You’ll enter the kitchen from the front door and large mudroom area which also gives access to the full dry basement. Right off the kitchen is where you’ll find the large full bathroom and the main floor laundry and a convenient door to the back deck for summer time grilling! The living in room is large and cozy with the full brick wood burning fireplace and the large new window overlooking your hay fields and offers a screened in porch area. Upstairs is where you’ll find all 3 large bedrooms, the master…it’s huge! Beautiful and private views from every room and window. There’s also a neat as a pin half bath on the second floor. The full basement offers plenty of storage and is where you’ll find the woodstove (owners use as primary source of heat) new boiler as well as water heater and electrical service plus separate service for the Generac generator. Check out the apple orchard and where the current owners have seen many a deer, bear, partridge and an occasional moose! The private un named pond is booming with spring peepers! Let’s move to the outbuildings, where you’ll find the 3000 square foot 4+ car garage with cement and dirt floors, electric garage door openers, metal roof and an open loft area for all the storage you could need. This is where the 1946 Ford 9N tractor & all implements, all in great working order, is housed (seller would like to leave with acceptable offer “at no value”). The wood cattle barn with metal roof will offer plenty of space for your livestock or chickens but also offers plenty of space for the farm equipment and or toys! This also features both cement and dirt floors along with electrical service, stall area and loft with elevator included. There’s a 400 sq ft garage used for wood storage and 4 wheeler storage (which will stay also!) This homestead is placed nicely at the dead end of a County maintained road; in fact the county snow plow turns around in their driveway making winter clean up easy for you! Schedule your showing with your Buyers Agent soon and make sure you schedule enough time to see everything!
Property Information
Lot Size
36 acre(s) square ft
Property Type
Residential
Year Built
1920
MLS Number
50138681
Location
Address
784 County Road MC
City
Negaunee
State
MI
Zip Code
49866
County
MARQUETTE
Listing
Provider
Select Realty, original listing
Name
Select Realty
Phone
(906) 228-2772
Office Name
SELECT REALTY
Office Phone
(906) 228-2772
Agent Name
ANDREA GORIESKY

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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.