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34 Rosenbarker Dr
Potsdam, NY 13672
$725,000
Conventional
Property
Bedroom
4
Bathroom
3
Property Type
Conventional
Square ft
3912
Property Description
Private waterfront turn-key with tons of quality improvements. Custom built in 2006, this 4+ bed/ 3 bath home offers almost 4,000 sq ft of living space. Nestled on a spacious 1.6-acre lot surrounded by trees this property provides privacy and tranquility. Enjoy the changing seasons and the vibrant foliage from any of the decks or patios. Relax on cool fall evenings around the campfire area. In the spring, you can drop the two docks in the lake with the 4-wheeler (included!) and you will be set for the summer days ahead! This property has so much to offer. It includes 3 custom built, fully insulated detached garages in pristine condition, one comes equipped with a vehicle lift and 100 amp service, making it the ideal space for car enthusiasts, hobbyists or anyone in need of additional storage. All of the overhead doors are Pella storm doors. Come on in the house - The focal point of the living room is the striking stone fireplace, complete with windows above the mantle that fill the room with natural light. Sliding glass doors on either side of the fireplace provide access to the decks. The fully appointed kitchen with ceramic tile flooring features custom cabinets with built-in shelving and glass front doors. The breakfast bar offers a convenient space for a casual meal, while the hexagon shaped dining area provides space for larger table and has a nice view of the lake. The kitchen also has a walk-in pantry and adjoins the main floor laundry room with sink, hickory cabinets and a closet conveniently located just off the attached 2-car garage. There is a second entrance to the garage through the foyer/mudroom. Three bedrooms are also on the main floor. The primary bedroom with tiered tray ceiling has a large walk-in closet and 3/4 bath ensuite. An adjoining sunroom with tile flooring is connected to the primary bedroom and also has access to the deck. A second full bath is conveniently located near the guest bedrooms. Descend the wide open stairs to the fully finished lower level that includes two family rooms and an office that may be used as a 5th bedroom. An immaculate workshop with tongue and groove pine walls, hickory cabinets, built-in shelving and painted flooring also includes a stand-up freezer and large safe. The 4th bedroom has pine walls/ceiling and amazing walk-in wardrobe closet. You will appreciate the newer Pella storm windows throughout the home year-round because they also have easy opening screens. Outside, you can entertain on the patio or the deck overlooking the water. Walk on down to either of the two docks to enjoy the owned waterfront bank with seawall, built in 2022. Many personal property items may be left for your convince, including 2 kayaks, paddle boat, swim platform with anchor, buoys, and riding lawnmower. Connect your device to the 4 outdoor speakers to hear your favorite playlist. The property is accessible to hiking trails with four wheeling & snowmobiling allowed on the roads. The yard is beautifully landscaped for 3 seasons of perennials and strawberries, raspberries, blackberries and mint, maintained with water-drawn irrigation. The alarm system and cameras are owned. The entire roof was replaced in 2020 along with new covered gutters. Schedule your private viewing today. **Do not drive by without an appointment. Qualified Buyers only. Thanks!
Property Information
Lot Size
1 acre(s) square ft
Property Type
Residential
Year Built
2003
MLS Number
48981
Location
Address
34 Rosenbarker Dr
City
Potsdam
State
NY
Zip Code
13672
County
SAINT LAWRENCE
Listing
Provider
Nikki Coates & Associates LLC, original listing
Name
Nikki Coates & Associates LLC
Phone
(315) 265-4303
Office Name
Nikki Coates & Associates LLC
Office Phone
(315) 265-4303
Agent Name
Tracy Bernard

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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.