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8302 124th Terrace
Largo, FL 33773
$529,500
Conventional
Property
Bedroom
3
Bathroom
2
Property Type
Conventional
Square ft
1502
Property Description
One or more photo(s) has been virtually staged. Assumable VA loan at 2.245% available to any buyer. Make us an offer to seize this amazing opportunity!Discover the perfect blend of elegance, comfort, and peace of mind in this exquisite 3-bedroom, 2-bathroom sanctuary, poised gracefully on a generously sized corner lot with ample room for RV or boat parking. Built in 1985, this enchanting single-family home seamlessly integrates timeless charm with the sophistication of modern living, ensuring an ambiance of unparalleled comfort and luxury. Upon entering, you're welcomed by a harmonious array of carpet, ceramic tile, and wood flooring, leading you through the thoughtfully designed spaces that radiate a sense of warmth and elegance. The centerpiece of the home, a cozy fireplace, invites you to create lasting memories in its glow, while state-of-the-art central air and electric heating systems provide year-round comfort. The heart of the home, a splendidly equipped kitchen, boasts modern appliances, including a dishwasher, electric water heater, microwave, range, and refrigerator, all set against the exquisite elegance of stone counters. This culinary haven is designed for beauty, promising delightful cooking experiences. Each bedroom is a serene oasis, with the primary suite featuring a built-in closet, offering a peaceful retreat .The home's architecture dazzles with cathedral and vaulted ceilings and walk-in closets, enhancing the feeling of space and opulence. This residence takes pride in its commitment to safety and efficiency, showcased by the hurricane-graded garage door with both springs freshly replaced, ensuring peace of mind during stormy seasons. The electrical system is fortified with updated surge protectors on both the house panel fuse box and the outside air conditioner, further enhancing the home's resilience. Additionally, an easy plug-in generator installed outside by the house panel fuse box ensures convenience and continuity during blackouts. Illumination throughout the property is exclusively provided by 100% LED lighting, including a pool light that adds a vibrant touch to your private, electric heated, chlorine-free pool. This dazzling feature is complemented by an updated three-phase pool pump motor, ensuring the pool remains a focal point for relaxation and entertainment. The attention to detail extends to the living spaces, with recently updated carpet in one bedroom, offering a fresh and inviting ambiance. For those who prefer a different aesthetic, the garage houses enough matching tile to replace the carpet in the bedroom, providing flexibility to personalize your space. Outdoor living is elevated with a covered deck, patio, porch, and screened area, offering various settings for dining alfresco or enjoying the tranquil surroundings. The meticulously designed landscaping, with trees and a beautifully maintained garden, integrates nature's serenity into your daily life. Practicality meets luxury with a spacious 2-car garage, enhanced by additional boat parking, embodying the essence of practical living. This home is not just a dwelling but a haven where every detail, from the secluded luxury of the pool to the cozy warmth of the fireplace and the expansive living spaces, contributes to a lifestyle of elegance, privacy, and sophistication. It stands as a testament to timeless beauty, offering a living experience that you'll be proud to call home.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1985
MLS Number
U8234068
Location
Address
8302 124TH TERRACE
City
LARGO
State
FL
Zip Code
33773
County
PINELLAS (CENTRAL)
Listing
Provider
Lpt Realty, LLC, original listing
Name
Lpt Realty, LLC
Phone
(877) 366-2213
Office Name
LPT REALTY, LLC.
Office Phone
(877) 366-2213
Agent Name
Larry Fischer

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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.