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5495 Alpine Drive
Summerville, SC 29483
$950,000
Conventional
Property
Bedroom
6
Bathroom
4
Property Type
Conventional
Square ft
--
Property Description
WHEN SIZE DOES MATTER: You now have a PERFECT FIT in 5495 Alpine Drive. The home & property are SO LARGE that I'm going to break down everything this home has to offer into categories: The Home, The Lot, & The Pool. No Flowery words, just the facts. THE HOME: 6 bedrooms, 4 full baths, 3724 sqft, with a 2 car garage. THE FLOORS: Engineered Vinyl Plank is on all downstairs living areas & on the staircase,. All bathrooms & both laundry rooms have tile floors, all bedrooms have carpet. THE DOWNSTAIRS ROOMS: There is a formal dining room, a study/office, a mudroom with built-in cubby holes & a drop zone, downstairs laundry room that also works as a utility room for the extra fridge & freezer. The kitchen has a very large center island, gas stove, built-in microwave, & subway tile backsplash.There is pendant lighting above the kitchen island, a large walk in panty & French door refrigerator. All kitchen countertops are quartz. The great room has built in shelving & a gas fireplace. Bedroom one is located downstairs & has its own full bath. THE UPSTAIRS ROOMS: The other 5 bedrooms are located upstairs including the primary. Bedrooms 2 & 3 share a full bath. Bedroom 4 has a private full bath & a walk-in closet. Bedroom 6 is so large that it could be used as a gaming room, rec room, or playroom. The Primary bedroom has a tray ceiling. The Primary bath has a garden tub, separate tiled shower, water closet, dual vanities, & a walk-in closet that has room for a sitting area. There is a second laundry room located upstairs along with pull down attic stairs for extra storage. Misc. features: All living & sleeping areas have ceiling fans, all cultured marble bathroom vanities are raised, & all operating windows have 2 inch faux wooden blinds. The 2 car garage has great storage & built-ins & shelving. Now all your tools can be organized. THE PROPERTY: The home sits on .83 cleared acres. The backyard is completely enclosed with a 6ft wood privacy fence. There are gates on both sides of the home-one is a double gate. There is a potting shed, a bike shed with a bike rack, a hammock swinging area, a children's zip line, disc golf, a kids play/swing set, & a fire pit for marshmallow roasting. The landscaping and garden are calming & inviting. There are many fruit bearing trees & plants including blueberries, black berries, peaches, olives, red & white grapes plus a large variety of herbs. THE POOL: The Saltwater Gunite pool & hot tub was installed in October 2022. The pool can be heated with gas or electricity and can be cooled with electricity. The hot tub is heated with gas. There is a waterfall for the pool and another waterfall for the tub. There is silver travertine pool decking that is surrounded by a professionally landscaped yard. If SIZE matters to you-come see 5495 Alpine Drive.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2020
MLS Number
24010509
Location
Address
5495 Alpine Drive
City
Summerville
State
SC
Zip Code
29483
County
DORCHESTER
Listing
Provider
The Boulevard Company, original listing
Name
The Boulevard Company
Phone
(843) 723-1988
Office Name
The Boulevard Company, LLC
Office Phone
(843) 723-1988
Agent Name
Catherine Laffitte

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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.