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3756 State Highway N
Clever, MO 65631
$3,999,000
Conventional
Property
Bedroom
7
Bathroom
7
Property Type
Conventional
Square ft
10504
Property Description
3756 State Hwy N., Clever, MO. - Here's a one-of-a-kind, custom New England-style farmhouse in the heart of the Ozarks. This 10,000 plus square foot stunner exudes casual elegance in a sprawling private setting. This three-level estate sits on 80 acres of lush, picturesque farmland with views you must see to believe. The home's Amish-framed exterior offers a hint as to the owner's vision and builder Rick Ramsey's creativity and craftsmanship - a farmhouse center perfect for entertaining friends and family with private sleeping quarters extending on either side. The front door opens to a three- level floating spiral staircase, framed by floor to ceiling commercial windows. A dream of a kitchen & living area is brimming with native Ozarks wood and stone. You can cook up a feast on the Viking Tuscany gas and induction stove, dine on the expansive quartz kitchen island or formal dining room, or relax by the fireplace in the spacious family room. These wide-open spaces are accentuated by 20-foot ceilings and Ozarks views all around. The main level also features an oversized laundry room with storage space and built-in desk, and a large guest suite with full bath just across a sweeping, glassed-in corridor. The other end encompasses a plush master suite with en-suite living area, luxury bathroom with custom his and hers closet/dressing areas, sinks carved from Ozarks stone, an oversized glass steam shower, a sauna and a stand-alone soaking tub with a view. The upper level is perfect for kids' rooms or guest seclusion with three more bedrooms, two living/sitting areas and a dramatic elevated walkway overlooking the downstairs kitchen and living area. One upstairs room contains a hidden passageway to a secluded playroom, and the current owners have converted a storage area into bunkbed space for four. The home's walkout basement features a luxury wet bar, expansive playing and lounging areas, even a golf simulator. There's a workout room, a skateboard ramp,
Property Information
Lot Size
80 acre(s) square ft
Property Type
Residential
Year Built
2019
MLS Number
60255894
Location
Address
3756 State Highway N
City
Clever
State
MO
Zip Code
65631
County
CHRISTIAN
Listing
Provider
Murney Associates, LLC, original listing
Name
Murney Associates, LLC
Phone
(417) 575-1205
Office Name
Murney Associates - Primrose
Office Phone
(417) 823-2300
Agent Name
Patrick J Murney

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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.