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184 Cloos Road
Jewett, NY 12444
$2,300,000
Conventional
Property
Bedroom
3
Bathroom
3
Property Type
Conventional
Square ft
2412
Property Description
This elegant Mid-Century Modern / Arts& Crafts style country home is set in a remote wilderness next to two ponds within a few minutes of Hunter Mt Ski area. OWNER WILL FINANCE QUALIFIED BUYER. It is partially surrounded by conservation land of NY City Watershed Protection Lands. The house uses wide T&G cedar boards for the walls and native bluestone shale for the floors together with hardwood floors. The dining and living rooms have cathedral ceilings with large exposed timber beams. The creative floorplan of the dining room is a partial circle surrounded by windows and a cathedral ceiling using a dozen timbers creating a conical shape joining the full height fieldstone Kachelofen style fireplace. There is a sun filled three season Florida room with windows on three sides and sky-lights beside the living room, which can be used in the winter with supplemental heaters. Downstairs is a large family room with woodstove inset into a fieldstone enclosure, a complete service kitchen, a wet bar, laundry area, and a full bathroom with shower. There is a 2 garage below the house entering to this lower level family room. Three large wooden decks nearly surround the house and a flagstone patio is behind with a stone hearth and inset Lazyman BBQ and FeastMaster smoking oven which use propane. Behind the house is over 6 acres of pasture with a 5 horse run-in-stall barn, each stall with an outside door, ready for your herd of horses, with three car garage with concrete slab floor and 100 amp electric service. There is substantial hay storage on the second floor of the barn with convenient feed chutes to each stall. Above the pastures near the height of land is a rustic cottage and a well. Nearby the equipment barn are two 500 gallon fuel tanks for diesel and gasoline with electric pumps. Below the house are two scenic ponds of about 1/2 acre each with vistas of the mountains around and gazebos for entertaining. There is a 200+ year old sugar maple near the house and most of the property is forested with ages from 50-100 year old trees of regionally common species. This remarkable private estate is near Hunter Mt skiing and all the wonderful outdoor activities available in the central Catskill Mountains. The Schoharie Creek is near by for fishing and kayaking, many mountain trails for hiking with wonderful restaurants throughout the area. The aerial video tour of the property and house is at: https://vimeo.com/891098477/6323ebfeac?share=copy See the 3D tour of the house at: https://my.matterport.com/show/?m=agKzMqXmyA5&brand=0 See the 3D tour of the barn at: https://my.matterport.com/show/?m=pNs2x7yVJQG&brand=0 cut and paste these addresses into your browser. Load these to your browser and click on the circles for a tour.
Property Information
Lot Size
105 acre(s) square ft
Property Type
Residential
Year Built
1995
MLS Number
20233048
Location
Address
184 Cloos Road
City
Jewett
State
NY
Zip Code
12444
County
GREENE
Listing
Provider
Four Seasons Sotheby's Int'l R, original listing
Name
Four Seasons Sotheby's Int'l R
Phone
(845) 684-0084
Office Name
Four Seasons Sotheby's Int'l R
Office Phone
(845) 684-0084
Agent Name
Sherret Chase

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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.