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503 Legends Court
Mickleton, NJ 08056
$1,295,000
Conventional
Property
Bedroom
4
Bathroom
5
Property Type
Conventional
Square ft
4820
Property Description
Welcome to this exquisite custom-built home with a separate in-law suite that exudes luxury and sophistication! As you enter through the double entry doors, you are greeted by a grand two-story foyer that sets the tone for the entire residence. The open-concept layout seamlessly connects the various living spaces, ensuring a harmonious flow throughout. Adjacent to the foyer, you'll find the formal living room and dining room. The two-story family room is adorned with elegant coffered ceilings, a gas fireplace, and an abundance of natural sunlight. The heart of this home is undoubtedly the full gourmet custom kitchen, a haven for culinary enthusiasts! Immerse yourself in the joys of cooking with top-of-the-line Subzero appliances, a Viking professional gas stove, and 42-inch custom white cabinetry with exquisite triple molding, triple beveled marble Calcutta white counters, and a wet bar with a wine fridge. Accessible from the kitchen is a travertine patio with a custom hearth, overlooking the fenced-in backyard. This remarkable residence offers a thoughtfully designed first floor that is complete with a half bath, an office ideal for those working from home, and a bonus room that can be used as an additional office, playroom, or for other countless possibilities. The finished basement offers a 20-seat theater area with a stage, upgraded carpet, and plenty of space for entertaining. Retreat to the second floor and you'll find the owner's suite with an en-suite bath featuring a freestanding soaking tub, custom dual vanity, stall shower with seamless glass door with a rejuvenating steam unit. The owner's suite also includes walk-in closets and a wet bar. There are three additional bedrooms, one with a private bath and another with private access to the hall bath. The laundry room is conveniently located on the second floor. As you continue to explore this remarkable home, you'll discover the third level has been finished for additional living space and includes a full bathroom. The separate in-law suite is 550 sq ft and features a kitchenette with an electric cooktop, refrigerator, microwave, a private bath featuring a stall shower with seamless glass doors, and a walk-in closet. You can access this in-law suite from the garage and it also offers private access to the backyard. The extensive list of amenities in this home is truly impressive, encompassing Hardie plank fiber cement siding, 11 ceilings on the first floor, 10 ceilings on the second floor, custom window treatments, solid doors, chandeliers, wall sconces, custom moldings, a speaker system throughout, a security system, zoned HVAC, and Anderson 400 windows, just to name a few. Located in Mickleton, this home offers easy access to major commuting routes, making it convenient for commuting to Philadelphia and Delaware. Mickleton is also near shopping, restaurants, farmers markets, libraries, parks, and recreational activities. Embrace the perfect balance of being close to everything while enjoying the tranquility of this remarkable home. Prepare to be captivated by this impeccably crafted custom home, where luxury and comfort intertwine flawlessly. Welcome to your dream residence!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2014
MLS Number
NJGL2040746
Location
Address
503 LEGENDS COURT
City
MICKLETON
State
NJ
Zip Code
08056
County
GLOUCESTER (NORTH)
Listing
Provider
Berkshire Hathaway HomeServices Fox & Roach, Real, original listing
Name
Berkshire Hathaway HomeServices Fox & Roach, Real
Phone
Office Name
BHHS Fox & Roach Mullica Hill
Office Phone
(856) 343-6000
Agent Name
Joanna Papadaniil

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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.