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1600 Nw 1000
Creighton, MO 64739
$1,320,000
Conventional
Property
Bedroom
2
Bathroom
2
Property Type
Conventional
Square ft
1630
Property Description
Located in northwest Henry County, Missouri is this premium 155-acre offering of luxurious country lifestyle, ranching, and recreation. Through a gated entrance, at the end of a ¼ mile driveway, and screened from the road are the exceptional improvements. Well-maintained since completion in 2011, the residence is a custom Golden Eagle log home overlooking a beautiful 1.7-acre stocked pond. The 3,260-sf home has two bedrooms, two full baths, a finished walkout basement with second family room, and second floor loft. The master suite offers a luxurious bathroom, walk-in closet, main level laundry, and bonus room that is ideal for an office or study. Additional features are a safe room, garage, greenhouse, and storage rooms. The stunning interior has vaulted ceilings, and showcases rich wood finishes, as well as stone, tile, and granite. The exterior is of full log construction, with metal roof, and cobblestone accents. A large deck facing the pond offers stunning views, and beyond the covered patio below, a long dock extends into the water for fishing, swimming, or simply relaxing. Across the driveway, near the large garden and fruit trees, is a charming little cabin that can be utilized as a playhouse, guest room, or hobby shed. The grain bin beside has been converted into a garden/tool shed. The 30x50 shop has a full concrete floor, power, water, finished office and a bathroom, as well as a full-length lean-to with patio. Much of the equipment and contents of the shop is offered for sale in addition to the real estate, and a price list will be provided upon request. The solar electric system provides significant savings on utility bills throughout the year. The land is mostly open, with hardwood draws and wet-weather creeks running through. The topography is rolling, with approximately 100 feet in total elevation change. The high plateau in the southeast corner presents spectacular scenery for miles. Utilized for grazing livestock and hay production, the land is fenced and cross-fenced. A central corral system is set up for working cattle. Ponds and waterers provide year-round water sources. The woods are home to diverse wildlife, including deer and turkeys, and with the stocked pond, you can hunt and fish right at home.
Property Information
Lot Size
154 acre(s) square ft
Property Type
Residential
Year Built
2011
MLS Number
97274
Location
Address
1600 NW 1000
City
Creighton
State
MO
Zip Code
64739
County
HENRY
Listing
Provider
Midwest Land Group, LLC, original listing
Name
Midwest Land Group, LLC
Phone
(816) 718-7201
Office Name
Midwest Land Group
Office Phone
(913) 674-8010
Agent Name
Ben Ewbank

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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.