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173 Heyer Road
Moore, PA 18064
$819,900
Conventional
Property
Bedroom
5
Bathroom
4
Property Type
Conventional
Square ft
5768
Property Description
Situated on 1 + acre lot in peaceful Moore Township you enter this property via a circular driveway lined with Belgium block curbing. Entering the double front doors you are greeted in a massive 17x16 foyer with soaring ceiling and cherry inlaid floor. The balance of the first floor plan is equally impressive from the commanding family room with soaring 17 foot ceilings and cozy propane fireplace to the custom kitchen that opens to a relaxing morning room with wet bar. Don't forget the impressively sized living room and dining room or the rarely found sumptuous first floor primary bedroom suite with custom bath. Take the custom circular stairs or the rear service stairs to the equally impressive second floor. Stop on the wide second floor hallway that overlooks the foyer and family room. All four second floor bedrooms have huge walk in closets and are serviced by 2 expansive jack and jill bath set ups. There is no carpet anywhere to be found as all floors top and bottom are cherry hardwood expect for baths and kitchen which are custom tile. Huge basement has second entrance directly into the three car garage. Enjoy the outdoors on the 34x14 covered patio that can be accessed from the morning room, the family room and the master bedroom. Two heat pumps were both recently replaced. 400 amp electric system provides plenty of room for expansion. Original owner invested over 1,000,000 is this 5768 square foot home. Home needs some updating which is reflected in price.
Property Information
Lot Size
1 acre(s) square ft
Property Type
Residential
Year Built
2006
MLS Number
735893
Location
Address
173 Heyer Road
City
Moore
State
PA
Zip Code
18064
County
NORTHAMPTON
Listing
Provider
Grace Realty Co. Inc., original listing
Name
Grace Realty Co. Inc.
Phone
(610) 867-1551
Office Name
Grace Realty Co Inc
Office Phone
(610) 867-1551
Agent Name
Christopher J Zajacek

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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.