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4396 S Bolivar Trail
Olive Branch, MS 38654
$799,900
Conventional
Property
Bedroom
4
Bathroom
4
Property Type
Conventional
Square ft
4106
Property Description
Welcome to a truly custom home with some absolutely WOW factor features you won't find on any normal home! Only 6 months new, sellers are transferring and hate to leave this gorgeous home. Driving up, you will immediately notice the welcoming curb appeal this home offers. From the covered front porch with tongue and grove ceilings and cedar beams, to the porta cache separating the 3-car garage from the 4th separate garage, you will love the front of this home. Once you enter through the double door entry, you will enter an inviting open floor plan with the great room with built-in bookshelves and formal dining room w 14ft ceilings, both with ship lap siding. The kitchen is open to great room with large center island w subtle sea foam-colored cabinets, white custom cabinets and vented decorative hood, and quartz counters. Also included are a stainless appliances w microwave/over combo and additional oven, wine cooler, and farm sink. NOW, open the pantry door to a hidden oversized pantry/second cooking area! Yes! Inside this room you will find plenty of storage space and 2nd cooktop w vented hood, sink and refrigerator. Also included downstairs is an oversized laundry room/ office area that has sink and butcher block counter, folding island, and so much space, lockers, and large breakfast area. 2 bedrooms are also down with primary bedroom having a fireplace, bath with double walk-in closets, freestanding tub and separate shower and quartz counters. Upstairs includes 2 bedrooms, a jack and jill bath w separate vanities, and large bonus room with wet bar and large walk-in closet. Tons of walk-in attic space too that can be converted into more living space and 2 tankless water heaters included. On to the backyard oasis! Once you step out the double french doors, you will come to a screened in back patio area with gas fireplace w remote control, another sink, an attached gas grill with its own vented stainless vent a hood, tongue and grove wood on ceilings, and bricked in outdoor sitting area. The backyard is large with stained cedar fence and last, but not least, an in-ground gunite pool with stone coping or surround. There is even an outdoor shower to rinse off after swimming! An A+ listing and garage floors have epoxy coating on them too and upgraded electric panel with option for plugging in generator if power goes out. Extensive outdoor and indoor lighting, full irrigation system, spray foam insulation in all exterior walls, home still under builder's warranty, and list goes on and on.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2023
MLS Number
4073778
Location
Address
4396 S Bolivar Trail
City
Olive Branch
State
MS
Zip Code
38654
County
DE SOTO
Listing
Provider
KAIZEN Realty LLC, original listing
Name
KAIZEN Realty LLC
Phone
(901) 221-4041
Office Name
Kaizen Realty
Office Phone
(901) 221-4041
Agent Name
Christopher Farm

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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.