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694 Old Hunt Way
Herndon, VA 20170
$1,235,000
Conventional
Property
Bedroom
4
Bathroom
5
Property Type
Conventional
Square ft
--
Property Description
Meticulously maintained and beautifully appointed, original owner home. Custom, quality, renovations throughout. This home has it all! Impressive and fully renovated Center Hall Colonial boasting almost 5000 square feet on three finished levels. Renovated with extraordinary attention to detail, this home boasts elegant finishes throughout. Lovely lot tucked away on non through street in sought after Old Dranesville Hunt Club, one of N Herndon's most sought after neighborhoods. Long time pride of ownership is evident at arrival w/ professionally landscaped grounds, stone walkway and hardscaping. The kitchen underwent a spectacular full renovation and is a chefs dream with top of the line cabinetry filled w/ custom storage and built-in pantry, tumbled quartz countertops, stainless steel appliances, wall oven, ceramic backsplash, center island, hardwood floors, recessed lights, coffee bar and leading to breakfast room with bay window. Upon entering the home you will be in awe of the grand two story foyer with a curved staircase and a Palladian window. To the left is an office and to the right a formal living room and dining room with crown molding, chair rail, bay window, Plantation shutters. The heart of this home is the lovely kitchen and spacious family room adjacent with hardwood floors and a gorgeous, floor to ceiling gas, stone hearth fireplace. French doors lead to the inviting screened in porch with vaulted ceiling and fan. Also a large deck, wood and composite, perfect for a summer barbeque! Stairs lead down to the lovely rear yard. Storage under deck. Remodeled laundry room with tumbled quartz countertops, utility sink, cabinetry and floating shelves, along with a remodeled half bathroom complete the main level. Four bedrooms and THREE full bathrooms on upper level. Hardwood floors on stairs, landing and three bedrooms. Both secondary bathrooms tastefully remodeled. Luxury at it finest in the spacious Primary Suite with sitting room, hardwood floors, dormer windows w/ window seats, ceiling fan. Find peace and tranquility in the must see, one of a kind, gorgeous Primary Bathroom boasting a large frameless shower and heat lamp, soaking tub, double sink, make up counter, beautiful stone work, sky light, separate water closet and large WIC with built- in shelves and drawers. Expansive walk-out lower level w/ 1528 additional square feet has luxury vinyl plank flooring, bonus room used as a fifth bedroom, another full bathroom, newly remodeled storage/craft/exercise room and plenty of additional storage. Additional highlights: roof and windows replaced. Systems all current. The neighborhood has an active social committee which hosts several events each year including Fourth of July and pet parades, chili cook off, ladies nights out, Easter egg hunt and more. HOA $303 per year. Town of Herndon has great amenities such as restaurants, shops, W&OD trail, farmers market, summer concert series and more! Less than 2 miles to the Herndon Silver Line metro stop. Great proximity to Rt 7, Rt 28, Rt 267, Reston Town center, Loudoun One and a short drive to Dulles Airport. An opportunity awaits for you to be the second proud owner of this lovely home!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1989
MLS Number
VAFX2166596
Location
Address
694 OLD HUNT WAY
City
HERNDON
State
VA
Zip Code
20170
County
FAIRFAX (NORTH)
Listing
Provider
Long & Foster Real Estate, original listing
Name
Long & Foster Real Estate
Phone
(888) 536-0216
Office Name
Vienna/Tysons
Office Phone
(888) 536-0216
Agent Name
Julie Nirschl

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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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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.