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3745 Kings Highway
Jackson, MS 39216
$327,500
Conventional
Property
Bedroom
4
Bathroom
3
Property Type
Conventional
Square ft
2542
Property Description
All the charm, character, and space you've been hoping for, and even the white picket fence! This spacious four bedroom, three bath Fondren home has so much to offer. A fully renovated kitchen, two bathrooms which were taken down to the studs and remodeled, many new Jeld-Wen windows, a formal living area, a casual den opening onto a covered deck, and a screened porch that was highlighted in Mississippi Magazine in 2003 are just a few of the features of this fabulous home. The stylishly remodeled kitchen boasts beautiful soapstone countertops, custom cabinetry, undercabinet lighting, a stainless farmhouse sink, Bosch dual fuel range with convection, and custom vent hood. The breakfast bar seating opens onto a comfortable den complete with fireplace, brick paver flooring, built-ins and a window seat which can also serve as a banquette. The den opens onto a covered deck, perfect for outdoor entertaining. For more formal gatherings, a spacious formal living room features a fireplace and built-ins. The primary bedroom is large, and opens onto a wonderful screened porch with vaulted ceiling. The primary bath offers a jetted tub and separate shower. The split plan layout offers privacy with the secondary bedrooms located on the other side of the home. One bedroom features a built-in desk, which will be perfect for homework, two closets, and a stylishly remodeled ensuite bathroom with all new shower, tile, vanity, lighting, fixtures, and more . Two additional bedrooms share another well-planned, totally renovated bathroom boasting two sinks, plenty of storage, and a white tile tub surround accented with decorative blue mosaic tile which is also repeated above the vanity. The hall bath also offers all new tile, new custom cabinetry, new lighting, new mirrors, new fixtures, etc. The hallway for the secondary bedrooms features built-ins for books or collectibles. Just as there is plenty of entertaining space inside, the outdoor spaces are also quite functional. The covered deck off the den was added by the sellers to provide an additional entertaining space, while the spacious screened porch off the primary suite serves as a private retreat. There is a large, fully-fenced backyard, in addition to a front yard with a white picket fence. A detached two car garage provides additional storage. The owners took such great care of this very special home, and completed numerous thoughtful renovations and improvements. The location cannot be beat - just a short walk from all the Fondren Business District has to offer with its many options for fun: dining, shopping, live music, bowling, movies and more. What are you waiting for? Call your realtor today.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1948
MLS Number
4069883
Location
Address
3745 Kings Highway
City
Jackson
State
MS
Zip Code
39216
County
HINDS (EAST)
Listing
Provider
Charlotte Smith Real Estate, Inc., original listing
Name
Charlotte Smith Real Estate, Inc.
Phone
(601) 238-6620
Office Name
Charlotte Smith Real Estate
Office Phone
(601) 238-6620
Agent Name
Melissa Hutchison

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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.