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101 Fairway Road
Rotonda West, FL 33947
$629,000
Conventional
Property
Bedroom
3
Bathroom
3
Property Type
Conventional
Square ft
2085
Property Description
PRICE REDUCED $40k!! TURNKEY. MORE PICS ADDED. 2085 SQ FT 3 BEDROOM, 2.5 BATH POOL HOME WITH MULTI- LEVEL DECKING ON A CANAL THAT IS NOT IN A FLOOD ZONE (X500). Not sure why Tax Records do not include Florida Room in SQ FT (354), which is in heated space, so actual SQ FT is 2439. Selling Turnkey – negotiable. All Furniture and Furnishings inside/outside Home are included in the sale, including a 70-inch SMART TV, with a few exceptions. Also, all Appliances are included. That is a huge savings! Just a short drive to several Gulf of Mexico's stunningly beautiful white sandy beaches. Entire home is new in 2023 - 2019 as follows: GAF 50 Year Warranty Shingled Roof, PGT Hurricane Impact Windows Throughout and Garage Door, 30 Ft Panoramic View Screened Enclosure Around Oversized In-Ground Heated Pool, Gutters and Downspouts on Front of Home, 3rd Nail in Attic with Wind Mitigation Report to lower Homeowner’s Insurance (2023). Also, Kitchen, Bathrooms, A/C, Hot Water Heater, Plank Tile Floors, Textured Walls and Ceilings, Interior Paint, Washer/Dryer, as well as Exterior Paint, Concrete Curbing, Mature Landscaping, 140,000 BTU Pool Heater, Pool Pump, Pool Railing, Garbage Disposal, Irrigation Plumbing, Pool Resurfaced with Quartz Finish, High Efficiency LED Lights with Dimmers in Main Living & Kitchen, 2” White Cordless Faux Wood Blinds, Upgraded Baseboard/Trim in Main Living & Kitchen, Remote Control Ceiling Fans in Main Living and Florida Room, All Exterior Lighting, Walk-in Shower with Rain Shower Head & Jets, Energy-efficient Dual-Flush Toilets, Vanities and Premium Counter Tops in all Bathrooms, Wet Bar/Fridge/Wine Rack, etc. (2022-2019). HOA is only $190 annually!! Move right into this spacious Canal Front Pool Home in the desirable PINEHURST section of Rotonda West. Upon entering the open concept layout, you are greeted with impressive views to the Oversized Heated Pool and Lanai. The Kitchen is the heart of the home, and it shows with gorgeous 42” White Shaker Cabinetry, Sparkling White Quartz Countertops, Ample Recessed and Accent Lights. The Kitchen features Black Stainless-Steel Appliances, Matching Matte Black Accents, and Immense Island. Vaulted ceilings in the Main Living Area, Kitchen, and Florida Room. The home flows seamlessly with Gray Tile Plank Flooring throughout (no rugs!!). The extra-large Owner’s Suite has His and Hers huge Walk-in Closets with Built-in Organizer, and an Owner’s Bath that you will never want to leave. The Owner’s Bath features a Floating Double Vanity, Standalone Tub, and Stunning Walk-in Shower with Rain Shower Head & Jets. There is plenty of room for entertaining with two separate living areas within the main living space; all rooms have space-saving Pocket Doors. Two additional good-sized BRs with extra-large Closets. All BRs have Ceiling Fans. The 2nd Bath has a Full Tub and Shower. The Laundry Room has two large Closets and access to the ½ Bath. The Florida Room offers a Wet Bar/Fridge/Wine Rack. Step outside to your beautiful Huge Heated Pool and Oversized Lanai with 30 Ft Panoramic Screened Enclosure. From there wander out back to the Canal and you are greeted with a Two-Tiered Dock right on the Canal with Solar Lighting. Irrigation Equipment draws water from the Canal. Oversized 2 Car Garage with pull down attic steps and attic storage. Screened-in Front Porch. This one is made for a magazine. Don’t miss out!!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1991
MLS Number
T3494731
Location
Address
101 FAIRWAY ROAD
City
ROTONDA WEST
State
FL
Zip Code
33947
County
CHARLOTTE
Listing
Provider
homecoin.com, original listing
Name
homecoin.com
Phone
(888) 400-2513
Office Name
HOMECOIN.COM
Office Phone
(888) 400-2513
Agent Name
Jonathan Minerick

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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.