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117 High Street
Strasburg, VA 22657
$650,000
Conventional
Property
Bedroom
5
Bathroom
4
Property Type
Conventional
Square ft
4682
Property Description
Buy into a piece of history with this stunning Victorian home located in the heart of Strasburg, VA. Having only three owners over hundreds of years, this home has been meticulously maintained. This beautiful property has views of Signal Knob and spans an impressive 4682 sq ft! It offers 5 bedrooms, 4 bathrooms, and two full kitchens, making it a luxurious full time residence, or an ideal income-producing opportunity as a Bed & Breakfast/Airbnb. The 105 ft wrap-around porch is a standout feature, boasting new mahogany rails and spindles that add a touch of sophistication. The Shenandoah Valley is a sought after location for those looking for an escape from the city, being less than two hours from DC. It is the perfect destination during all seasons, whether you are looking to hike the countless number of trails, kayak down the Shenandoah River, or ski at the nearby resorts. Exquisitely updated throughout the years, this home combines classic elegance with modern amenities. The historic kitchen has been upgraded with new stainless steel appliances, including a range, dishwasher, refrigerator, and microwave. The huge great room is ideal for entertaining and offers a fireplace and recessed lighting. The downstairs bathroom has been tastefully renovated, including updates to the floor, toilet, and shower. Upstairs, the exquisite primary suite will take your breath away. It boasts a large walk-in closet, providing ample storage space for all your wardrobe needs. Adjacent to the closet, you'll discover an impressive en-suite bathroom, designed to pamper you in style. Prepare to be amazed by the walk-in tile shower, offering a spa-like experience that will rejuvenate your senses. The separate toilet room ensures privacy and functionality. For those seeking relaxation, a clawfoot tub beckons, inviting you to unwind and soak away the stresses of the day. Double vanities provide plenty of room for personal care items. But the luxury doesn't end there! This primary suite also offers a private covered porch, complete with trex flooring. Furthermore, an additional room awaits your creative vision. Whether you prefer a home office, a cozy sitting room, or a dedicated exercise space, this versatile room can accommodate your needs. Recent paintwork and the installation of new hardwood floors in several rooms add both warmth and beauty to these spaces. The addition of radiant heated floors in the great room, sunroom, main level bedroom, and primary suite provides both comfort and luxury. Other notable features include original pocket doors, two beautiful staircases, built-in bookcases in two of the bedrooms, two clawfoot tubs, central vacuum for convenient cleaning, a humidifier for improved air quality, and new Electrolux washer and dryer in 2020. Technology is integrated into the home with remote blinds installed in two of the rooms, allowing you to easily adjust the lighting and privacy levels. The exterior of the property has been thoughtfully enhanced, including a screened-in porch and a rebuilt back patio with pavers, underlighting, and a convenient gas line for the grill. While the expansive wrap-around porch provides ample space for relaxation and offers the perfect spot to enjoy your morning coffee. Overall, this beautiful Victorian home in Strasburg, VA is a perfect blend of classic charm and modern updates. With its spacious layout, numerous features, and prime location, it offers an incredible opportunity for those seeking a luxurious living experience or an income producing opportunity with a Bed & Breakfast or a delightful Airbnb getaway. Home warranty conveys.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1904
MLS Number
VASH2007908
Location
Address
117 HIGH STREET
City
STRASBURG
State
VA
Zip Code
22657
County
SHENANDOAH
Listing
Provider
Preslee Real Estate, original listing
Name
Preslee Real Estate
Phone
(540) 227-4416
Office Name
Preslee Real Estate
Office Phone
(540) 227-4416
Agent Name
Abby Walters

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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.