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17725 Ne Leander Dr
Sherwood, OR 97140
$2,350,000
Conventional
Property
Bedroom
4
Bathroom
4
Property Type
Conventional
Square ft
4972
Property Description
Close-in country estate, Sherwood School District, 6 bedrooms, primary bedroom on the main, 6 car garage, motorcourt, RV parking, detached guest house, and VIEW! And it's not too good to be true! This stunning setting in Sherwood Oregon's sought after wine country offers a perfect blend of luxury and natural beauty. Embellished in stone, natural tile, and warm wood accents, this architectural masterpiece boasts a magnificent floor plan designed to live well and entertain in style! Imagine tranquil moments on the back deck or front porch, surrounded by sky-reaching trees... warming up by the wind-sheltered fire-pit where the concrete radiates warmth while you take in the natural views all around you. It's incredible here! The property's top-quality architecture and finishes are evident throughout from the gourmet kitchen adorned with stone and tile accents, to the rich cabinetry and built-ins. The kitchen and dining room flow into the spacious living room with floor to ceiling fireplace and walls of windows that frame the views. You'll also find the primary bedroom on the main, and downstairs, a spacious family/bonus room providing additional space for relaxation, activities watching movies, hosting, and endless possibilities. The estate's expansive outdoor spaces are a testament to its thoughtful design, offering so much room for enjoyment and the captivating presence of nature and wildlife, including the serene ambiance and sound of trickling water from the nearby creek.The expansive driveway affords plenty of parking and play space, and the property's clever positioning lends to its grand appeal, offering the essence of endless nature, with less maintenance required. A detached garage with separate living quarters above rounds out the estate. The carriage house provides versatile options for guests or additional living space.
Property Information
Lot Size
1 acre(s) square ft
Property Type
Residential
Year Built
2004
MLS Number
24197378
Location
Address
17725 NE LEANDER DR
City
Sherwood
State
OR
Zip Code
97140
County
WASHINGTON (EAST)
Listing
Provider
Premiere Property Group, LLC, original listing
Name
Premiere Property Group, LLC
Phone
(503) 670-9000
Office Name
Premiere Property Group, LLC
Office Phone
(503) 670-9000
Agent Name
Jason Gardner

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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.