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839 State Highway T
Bolivar, MO 65613
$1,650,000
Conventional
Property
Bedroom
3
Bathroom
4
Property Type
Conventional
Square ft
4007
Property Description
3 Waters Ranch, where you get that Big Ranch feel, but right here in the Missouri Ozarks! From the moment you enter this Gated Entry you'll find that the circle Blacktop drive leads the way to this AMAZING property. As soon as you step out you'll see and hear the peaceful running waters of the 3 Waters Ranch flowing directly under your walk-way. As you enter this Stunning Custom Built Home through the Double entry doors you find that it features 4,000 Sq. Ft. and was strategically placed on 72.3 Acres! Inside, you'll find both Character and Class as you notice the tall ceilings and various windows throughout to enjoy all the views this place has to offer. The Master Bedroom Wing includes a very large bedroom with covered patio access, His/Hers walk-in closets, Grand Master bath with Walk-in Shower, jetted tub and His/Hers vanities. You also have a large Office Area equipped with Built-ins, Formal Dining, Formal Living, Family Room with cozy Fireplace, Breakfast Nook, Spacious Kitchen with Custom Cabinetry, Granite Counter Tops, Tile back splash, large Pantry, amenities include, trash compactor, dishwasher, wall oven with built-in microwave, Jenn-Air cooktop, Double sinks in the bar area and vegetable sink in the island. You'll also find Two Additional Bedrooms with Private Baths, Laundry Room, Appliance Room, Sunroom and Stamped Concrete Covered Patio. Upgrades include, Dual Fuel Heat, water softener, oversized pressure tank, Central Vacuum and a Brand New Roof! As if that's not ENOUGH, there is also a 2,600 sq ft. Horse Barn fitted with 8 horse stalls and an additional 630 sq ft of living space! Want more? How about another 4,250 sq. ft Steel Barn with, electric and approx. 2/3 concrete floor. The land is fully fenced pasture with a well, 3 ponds, Ready and Waiting for your horses or livestock. This is Ranch Living at its BEST! Check out the Pictures and Video!
Property Information
Lot Size
72 acre(s) square ft
Property Type
Residential
Year Built
2005
MLS Number
60266850
Location
Address
839 State Highway T
City
Bolivar
State
MO
Zip Code
65613
County
POLK
Listing
Provider
Missouri Home, Farm & Land Realty LLC, original listing
Name
Missouri Home, Farm & Land Realty LLC
Phone
(417) 327-6483
Office Name
Missouri Home, Farm & Land Realty, LLC
Office Phone
(417) 327-6483
Agent Name
Jacquetta R Hensley

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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.