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9575 Poppy Way
Arvada, CO 80007
$1,600,000
Conventional
Property
Bedroom
4
Bathroom
5
Property Type
Conventional
Square ft
3644
Property Description
Nature enthusiasts will appreciate the exceptional location of this Toll Brothers' home on arguably one of THE premier lots in Candelas. Set back on a cul-de-sac & on the boundary of 6,000 acres of open space wildlife refuge, just steps away from picturesque trails that showcase breathtaking views of the foothills, prairie & Standley Lake. This upscale, contemporary Toll Brother’s 'Ralston' model home features significant builder & aftermarket upgrades (see supplements). Boasting 4 bedrooms each with an ensuite bath, 4.5 bathrooms, & flex space rooms, providing ample space for comfortable living. The open concept living space showcases wood floors throughout, soaring ceilings, & expansive glass walls that flood the home with natural light. The seamless flow between the living room, kitchen, dining area & outdoor space creates an ideal home for both relaxation & entertaining. The 16’ California style disappearing door brings the outside in and the inside out, & enhances the already breathtaking views. The chef’s kitchen features a custom 50 sq ft piece of OMG Brazilian Granite island with 2 overhangs for seating of 6. Custom kitchen sink, SubZero built-in refrigerator & walk in pantry doubling as a pocket office complete the space. Upstairs, the distinguished primary bedroom suite is complete with two generous walk-in closets & a splendid primary bath with a dual quartz sink vanity, luxe shower, soaking tub, & linen closet. The inclusion of a mudroom from the 4-car insulated, drywalled/painted garage, with 220v outlet for electric car charging. Other noteworthy features: 3 rear patios, front patio that provides an outdoor space for enjoyment, large private 2nd story balcony off the primary bedroom with 180 degree views of the mountains, meadows & Standley Lake. Home includes seller-owned Solar, Tesla Power Wall, Tankless Water Heater, Gas Line to Grill & so much more! Community enjoys 2 pool & fitness centers, 6 parks, trails/tennis courts & on-site K-8 school.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2019
MLS Number
6347677
Location
Address
9575 Poppy Way
City
Arvada
State
CO
Zip Code
80007
County
JEFFERSON
Listing
Provider
Keller Williams Avenues LLC, original listing
Name
Keller Williams Avenues LLC
Phone
(720) 484-8600
Office Name
KELLER WILLIAMS AVENUES REALTY
Office Phone
(720) 484-8600
Agent Name
Amanda Rieter

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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.