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1501 N Water
Clinton, MO 64735
$395,000
Conventional
Property
Bedroom
4
Bathroom
2
Property Type
Conventional
Square ft
2160
Property Description
This is a unique home in many ways and there are so many features to mention so stick with me and I will give you as many details as I can possibly fit in. But I would first like to mention that these sellers are encouraging all offers! Sitting on a hill, this home boasts major curb appeal with the large circle drive, brick exterior and is noticeably well maintained. The home features a 20X10 building that has a carport built on. This space makes a wonderful garden shed or area to keep your lawn mower and other useful tools or toys. Located near the home parking under this carport will give your vehicle protection from the weather. The main outbuilding is 40X60 and features concrete floors and four 10X10 doors; three of which are on the front and one on the back so you can pull through a boat or trailer with ease. On the shop roof you will notice the solar system. This 12,500 kilowatt solar system adds great economical savings to this property! Walking to the back door of the home you will notice two very large fenced in areas. These fenced in areas are connected to each other but are great for containing animals away from the home if you have guests and want to utilize the yard for another purpose. Another outdoor feature that will get used with out of doubt is the stamped concrete patio area with privacy fence. When you come home every day you will walk through the back door into a very bright and cheery mudroom/laundry area, this is a wonderful place to drop your worries from the outside world and your stuff. Right off the bat you will be wowed by the custom laid tile that you will find through most of the areas in the home. Next you will be wowed by the custom kitchen this home has to offer. With custom built cherry cabinets, quartz countertops, an island with eating area, a built-in pantry area and stainless-steel appliances that stay with the property. If you don't like to cook, you will learn to love it because you won't want to leave this beautiful space. Ideally located on the other side of the kitchen is the lovely dining area that is flooded with beautiful natural light. Open to the dining space is the cozy living room which is wonderful for entertaining because of the connectedness of these spaces. Through this space you will find a hallway that contains 3 bedrooms and the main bath. At the other end of the house, you will find a master suite to die for! We can't forget to mention the lovely breezeway space that is between the living area and the master that currently makes a functional office space. The master bedroom is spacious and has a beautifully refinished bathroom attached that boasts a spacious standing shower, a large vanity, and a separate garden tub. Words cannot even describe how immaculately clean and well-kept this home is inside and out. You might be thinking this home is already perfect and I haven't even mentioned the fact that this home has a basement. In the basement you will find a semi-finished bonus space and a finished room as well as unfinished areas that serve as a great space for storage. From the front yard looking across the street you might notice a couple of vacant lots, well guess what, this property is also included as a part of this home. With the addition of this land this property totals approximately 4.31 acres all with the amenities of town. Because of the fact that you have already convinced yourself this is “the one” I'm going to quickly list a few more notable features for you to consider: property is all electric, has newer doors & windows, roof was installed in 2023, leaf guards on the gutters, not only a regular water heater but a point of use tankless water heater, a camera security system, ample storage, minimal utility bills, property CAN be used to commercial use, and so much more! MAKE YOUR APPOINTMENT NOW!
Property Information
Lot Size
4 acre(s) square ft
Property Type
Residential
Year Built
1955
MLS Number
96578
Location
Address
1501 N Water
City
Clinton
State
MO
Zip Code
64735
County
HENRY
Listing
Provider
Golden Valley Realty Group, original listing
Name
Golden Valley Realty Group
Phone
(660) 351-2382
Office Name
Golden Valley Realty Group
Office Phone
(660) 885-7653
Agent Name
Emily Burke

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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.