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6 Sedona Lane
Livingston, MT 59047
$1,490,000
Conventional
Property
Bedroom
4
Bathroom
3
Property Type
Conventional
Square ft
3514
Property Description
While the postal address reflects Livingston, this listing is located approximately 14 miles south of town on the desirable east side of picturesque Paradise Valley, just north of Pray. The 4 bedroom, 3 bathroom main house sits on 10+ acres off a quiet cul-de-sac with unobstructed views of the Absaroka and Beartooth mountain ranges visible from both the front covered porch and back deck (with a 360 degree view from the outdoor fire pit!). The home features two primary bedrooms on the main floor with their own private en suite bathrooms as well as two more bedrooms and a full bathroom downstairs with living/family room spaces on both levels. The main floor welcomes you with an open floor plan, enhanced by vaulted ceilings framing large picture windows with stunning mountain views. Highlights of the home include: downstairs bar with fridge, sauna, central AC, attached 2 car garage, whole house generator, and a 50 gpm well. Outside, there is a fully furnished 360 sq ft. detached guest cabin with recently remodeled bathroom that can be rented short or long term. Water rights and irrigation convey with sale, especially valuable for allowed horses, sheep, or chickens. An ample 1300 sq ft barn with climate controlled tack room and an additional 432 sq ft. of unfinished space on the second floor is located a short distance from the main home. The 10+ acres are fully perimeter fenced with an entrance gate. 6 acres are partitioned off for grazing and pasturing horses while the remaining acreage is fenced for small animals or dogs. Large deer proof fencing has been constructed within this space for gardening with three apple trees and compost area. There is also a separate fenced-in area that includes a chicken coop. Enjoy rural Montana life as it's meant to be on this well equipped property that comes ready to add your personal touches to make it your own! *A link to a video walkthrough of the home is available upon request.
Property Information
Lot Size
10 acre(s) square ft
Property Type
Residential
Year Built
2016
MLS Number
389987
Location
Address
6 Sedona Lane
City
Livingston
State
MT
Zip Code
59047
County
PARK
Listing
Provider
Keller Williams Montana Realty, original listing
Name
Keller Williams Montana Realty
Phone
(406) 522-7000
Office Name
Keller Williams Montana Realty
Office Phone
(406) 522-7000
Agent Name
Chip Njaa

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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.