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89515 Meadville Rd.
Springview, NE 68778
$975,000
Conventional
Property
Bedroom
3
Bathroom
3
Property Type
Conventional
Square ft
1780
Property Description
Wow, rural properties like this just don't come available very often! This property offers a beautiful rustic cabin style home on 109 acres overlooking the pine covered hills and canyons leading to the nearby Niobrara River valley. Features of the property include: Main Floor: - Huge open concept great room/dining room/kitchen with cathedral ceilings and hardwood floors - Spacious kitchen offers a center island, pantry, and abundant storage & counter space - Large master bedroom with double closets, entry to south porch, and a full bathroom with whirlpool tub, glass door shower, and more closet space - Main Floor laundry room & 1/2 bath - Small supplemental wood stove in great room Second Story Loft Area: - Large second story loft overlooking the great room below. The loft area has a fold down murphy bed for overnight guests and makes a great office/hobby space Lower Level: - Full walkout basement (mostly finished) - (2) lower level bedrooms (non conforming) with closet storage and cedar lined walls - 3/4 bath - Large family room/hobby workshop Additional features: - Covered wrap around porch w/ wheelchair accessible ramp - Outdoor wood stove with central boiler - Propane geothermal heating system and central a/c - Submersible well and several water hydrants - Fiber internet service thru Three Rivers Telco - Cross-fenced pasture for horses or livestock Other Improvements: - Large Cleary machine shed- wired and partially cemented with electric overhead door (constructed in 2016) - Large steel truss machine shed- full cement floor and small insulated workshop area (constructed in 2020) - Sawmill shed - Horse Shelter - Well built corrals and windbreaks - Garden Shed - Garage - Chicken Coop - (2) additional storage shelters - Hunting tower blind & ground blinds - Productive grassland for utilization as livestock grazing, a horse pasture, or hay meadow This property truly has a lot to offer and has been meticulously maintained by the present owners. The property has great road access and is only minutes from the many nearby recreational destinations along the Niobrara River corridor. The property offers the flexibility as a full time personal residence or convenience as a peaceful part time hunting retreat. No matter what time of day, you will enjoy time relaxing beneath the covered wrap around porch gazing out across the pine covered hills with a view that stretches for miles. Call for complete details! ***The home is currently occupied and will be shown by appointment only to pre-qualified buyers.
Property Information
Lot Size
109 acre(s) square ft
Property Type
Residential
Year Built
2001
MLS Number
11267784
Location
Address
89515 Meadville Rd.
City
Springview
State
NE
Zip Code
68778
County
KEYA PAHA
Listing
Provider
Mossy Oak Properties Homestead Land & Management,, original listing
Name
Mossy Oak Properties Homestead Land & Management,
Phone
(402) 358-5100
Office Name
Mossy Oak Properties Homestead Land & Managem
Office Phone
(402) 358-5100
Agent Name
Daniel Rohrer

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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.