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16 Albees 3 Court
Lewellen, NE 69147
$75,000
Conventional
Property
Bedroom
2
Bathroom
1
Property Type
Conventional
Square ft
--
Property Description
Property is close to beaches, restaurants, boat docks, campgrounds, for fishing and hunting adventures. Here is your chance to buy a 2 bedroom 1 bath mobile home "cabin" with an open concept living room and dining room. Large fenced yard to keep your furry family safe. This will be a great weekend or summer retreat to spend with family and friends. The yearly lease is 700.00. Mobile home sits on leased ground. The yearly lease is $700.00 a year. There is a garden shed in the yard for storage. Home is a single wide 12 x 66 672 sq ft. Roof has a 20 year guarantee and the air conditioners are 4 yrs old. Lake McConaughy, the recreational jewel of western Nebraska, is the largest lake in the state with over 100 miles of shoreline, 35,700 surface acres of water, 24 miles long, 4 miles wide, and is famous for its white sand beaches. Each year, thousands of boaters, campers and outdoor enthusiasts make the Lake McConaughy area their destination for fun! In addition to Lake McConaughy which is fed by the North Platte River, you have Lake Ogallala at 320 surface acres "the little lake" nestled below Kingsley Dam (the 2nd largest earthen dam in the world). These two bodies of water provide endless opportunities for anglers of any skill level, young and old. The vast variety of fish you can catch between these two lakes include; Walleye, White Bass, Stripers, Wipers, Catfish, Northern Pike, Smallmouth Bass, Yellow Perch, Rainbow & Brown Trout. Lake McConaughy can accommodate virtually every type of watercraft you can imagine. Lake McConaughy and the North Platte River Valley also provide tremendous opportunities for hunters. This area is famous for duck and goose hunting. In addition to waterfowl hunting there is small game, varmints, White Tailed Deer, Mule Deer, and Pronghorn in the area. Summer High: the July high is around 89 degrees Winter Low: the January low is 13 Rain: averages 19 inches of rain a year The site of the September 1855 Battle of Ash Hollow (also called the Battle of Blue Water Creek and Harney Massacre), part of the First Sioux War, is near the modern-day settlement of Lewellen. The United States Army, with 600 troops under the command of William Selby Harney, made a surprise punitive attack on a Brule Sioux encampment led by Chief Little Thunder, in retaliation for the Grattan incident. Army infantry and cavalry killed a total of 86 people, including women and children, and taking another 70 women and children as captives.[5][6] Samuel P. Delatour arrived in the area in 1884, founding a ranch at Blue Creek.[7] Lewellen was platted (laid out) in 1906, around the time the railroad was extended to that point.[7][8] Originally part of the Deuel County, Lewellen became part of Garden County in 1910.[7] It was named for Frank Lewellen, who arrived in the area in 1886 and established a small store and post office.[7] The population by the end of 1919 was about 400.[8]   Closest amenities are Cedar View bait shop, Marina Landing Restaurant, Closest airport is Oshkosh, NE
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1966
MLS Number
11269544
Location
Address
16 Albees 3 Court
City
Lewellen
State
NE
Zip Code
69147
County
GARDEN
Listing
Provider
Hayden Outdoors, LLC, original listing
Name
Hayden Outdoors, LLC
Phone
(970) 674-1990
Office Name
Hayden Outdoors Real Estate
Office Phone
(970) 674-1990
Agent Name
Lorrie Clark-Friesen

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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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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.