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39 Barker Rd
Potsdam, NY 13676
$329,000
Conventional
Property
Bedroom
4
Bathroom
2
Property Type
Conventional
Square ft
1918
Property Description
METICULOUSLY MAINTAINED AND MOVE IN READY RANCH! This beautiful 4 bedroom, 2 bathroom home, situated on 6.2 acres, has a finished basement, an attached garage, a partially paved driveway, a large storage shed/barn, a pool and a lovely landscaped yard! This home is just minutes from the village Potsdam for shopping and plenty of Restaurant choices. It's also close to Canada, the Adirondacks for camping and hiking and the St Lawrence River for boating and fishing. This home was built in 2004 by the current owners and has been very well cared for over the years. As you enter the front door of the home into the foyer area, you will see the new wood flooring throughout the living area and also plenty of windows for lots of natural light. To the right, you will see the living room with a beautiful propane fireplace. Off the living room you will see lovely kitchen with maple cabinets, granite countertop, a large island and stainless steel appliances that convey with the home. The kitchen flows into the dining room with a sliding glass door to the back deck. Also, off the kitchen is the laundry room and then you will enter the large mudroom/pantry area with plenty of room for storage. Off the mudroom is the 2 stall attached garage with sheetrock on the walls, a work bench with peg board and two garage door openers. Off the dining room you will find the spacious primary bedroom which has a walk-in closet and the primary bathroom has a jet bathtub. There are three other bedrooms as well and another full bathroom. In the basement you will find a game room with a pool table, a ping pong table, a small bar and a second living room. Also in that area you will find the woodstove with a firewood chute to easily fill up the firewood box. There is also a spacious gym in the basement with many mirrors. Off the gym is a large office and library area. The utilities are in the basement as well. This home has extra insulation in many areas. Outside you will find a wonderfully landscaped yard with plenty of room for activities on the 6.2 acres......cross country skiing, riding four wheelers, playing baseball or basketball and more. The property is high and dry and you will see wonderful sunsets and sunrises. This property has excellent potential for solar panels as well, if you so choose, because of the southern exposure. You will enjoy swimming in the pool and/or relaxing on the back deck around the bonfire pit. You can also enjoy watching all of the wildlife and maybe have a hobby farm of your own. There is a 36 X 24 storage shed with water, electricity and a floor to store your lawnmower, motorcycle, 4 wheeler or whatever you want to keep out of the weather. Schedule your showing soon for this lovely, move-in ready home in the country because it won't last long!
Property Information
Lot Size
6 acre(s) square ft
Property Type
Residential
Year Built
2004
MLS Number
49526
Location
Address
39 Barker Rd
City
Potsdam
State
NY
Zip Code
13676
County
SAINT LAWRENCE
Listing
Provider
Fiacco Realty, LLC, original listing
Name
Fiacco Realty, LLC
Phone
(315) 854-7529
Office Name
Fiacco Realty, LLC
Office Phone
(315) 854-7529
Agent Name
Amanda Fiacco

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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.