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2141 Thunderbird Trail
Maitland, FL 32751
$939,000
Conventional
Property
Bedroom
5
Bathroom
4
Property Type
Conventional
Square ft
3186
Property Description
Just in time for the new school year, this very rare five-bedroom, four-bathroom pool home in Dommerich is in absolutely perfect condition. It is easy to fall in love with this well-established tree-lined street. You will notice the mature, professionally maintained landscaping as you approach the front brick courtyard. Step into the light-filled foyer with a closet. As you enter and walk into the home, you are greeted by the family room, which also leads into the very well-equipped and large kitchen. There are three bedrooms and two full bathrooms on the first floor, along with a study and a formal living-dining room. The second-floor staircase can be closed off from the first floor for privacy. It is ideal for generation living. The second-floor bonus area was built with a kitchenette, but that can easily be removed to create a larger bonus area, 6th bedroom, or nursery if needed. The roof was replaced when the 1,000-square-foot addition to the second floor was completed in early 2016. The primary bedroom has a 12' three-piece slider that leads to the outdoor balcony, which overlooks the screened-in pool and backyard. the master bathroom has dual sinks, a toilet closet, a jacuzzi soaking tub, and a separate shower stall. A stackable washer and dryer are located in one of the master closets. Separate AC for the second floor along with radiant barrier insulation for low utility bills. The 5th bedroom has a 9' slider to the rear second-floor balcony. Below is a list of some of the upgrades The pool has been upgraded with a saltwater cell. Irrigation well with pump for the lawn. Covered gutter on the first level, Incoming plumbing re-piped in 2011, Plantation shutters, vertical and Venetian blinds, and windows trimmed in wood moldings. Closets by Design are installed in all five bedrooms. A very rare find for a home in this condition under $295.00 a square foot.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1965
MLS Number
O6199760
Location
Address
2141 THUNDERBIRD TRAIL
City
MAITLAND
State
FL
Zip Code
32751
County
ORANGE (CENTRAL NORTH)
Listing
Provider
Florida One Real Estate LLC, original listing
Name
Florida One Real Estate LLC
Phone
(407) 599-7070
Office Name
FLORIDA ONE REAL ESTATE LLC
Office Phone
(407) 599-7070
Agent Name
Anthony Consalvo

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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.