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9577 Ne Witt Road
Cameron, MO 64429
$1,250,000
Conventional
Property
Bedroom
4
Bathroom
4
Property Type
Conventional
Square ft
5210
Property Description
Located only an hour from Kansas City and in the Cameron R-1 School District, this custom home brings together the peace of the country with luxury living. Situated just south of Cameron, Missouri on 37 acres in Clinton County the home consists of a 5,210 square feet of finished living space. Throughout the home you'll find many high-end finishings. The floor plan is spacious with each space having its own unique character. From the vaulted ceilings and hardwood floors, to the repurposed Chicago brick fireplace, down to the vintage full bar, and your own private vault. On the main-level of this reverse 1.5 story home you'll find two bedrooms. The master bedroom suite is spacious. It includes a private fireplace, and walks out to a large all-season room overlooking the lake. Just off the bedroom, the master bathroom includes a dual vanity, tiled walk-in shower, jacuzzi tub, and connects to a huge walk-in closet. The primary level of the home also includes are large open concept kitchen and dining space. The kitchen is accented with granite counter tops and includes custom cabinets and a walk-in pantry making for excellent storage. The dining area is just offset and features a large fireplace providing a hearthside dining experience. Rounding out the main level is a cozy family room, home office with built-in cabinets, full guest bathroom, large laundry room, and a mudroom off the 3 car garage entry. Heading downstairs you'll find an entertainer's paradise. The majority of the basement space is the large rec room, who's focal point is the full vintage bar centering the room. The spacious design includes high ceilings, another floor to ceiling fireplace, and ample space to entertain family, friends, and more. The additional two bedrooms are also in the basement, one of which includes an en suite bathroom. The unfinished space in the basement includes space for workout equipment, storage, houses the mechanicals, and includes the private concrete vault. The home is situated on 37 acres m/l tract of land. It is a combination of open pasture, mature timber, and a large 2.5 acre lake. The circle drive is entirely concrete with a large footprint between the home and the metal outbuilding. The Morton style outbuilding is approximately 40' x 60' with full concrete floors and an attached lean to. The building has full electric with extra tall overhead doors, and plenty of lighting. The northwest corner has been finished off as an office space. Heat can be supplied to the building with a woodburning exterior stove. The lake is just beyond the home and nestled into a stand of timber. It comes with its own covered dock, excellent for fishing, swimming, or simply enjoying time by the water. From whitetail deer to turkeys, the sign of game is abundant. The portion of open land is situated off a second road and could serve as an opportunity to graze horse, cattle, or even serve as another build site. This excellent location is only a short drive into Cameron and all its amenities, or an easy commute to Kansas City or St. Joseph. Listing 54760
Property Information
Lot Size
37 acre(s) square ft
Property Type
Residential
Year Built
2001
MLS Number
11252311
Location
Address
9577 NE Witt Road
City
Cameron
State
MO
Zip Code
64429
County
CLINTON
Listing
Provider
The OConnor Agency - United Country Real Estate, original listing
Name
The OConnor Agency - United Country Real Estate
Phone
(816) 632-3721
Office Name
The OConnor Agency - United Country Real Esta
Office Phone
(816) 632-3721
Agent Name
Dan O'Connor

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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.