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209 Missouri St
Coolin, ID 83821
Kara Williams with Priest Lake Realty, original listing - (208) 443-3328
$865,000
Conventional
Property
Bedroom
4
Bathroom
--
Property Type
Conventional
Square ft
2273 Square Feet
Property Description
Step into your dream home, nestled in a serene setting adorned with majestic cedars and red firs. Just moments away from pristine lakes and local restaurants, this luxurious 4-bedroom, 2.5-bath residence spans 2,273 sqft of custom-designed opulence. At the heart of the home, a custom rock fireplace soars to the ceiling, creating a cozy ambiance. Rough cut hardwood flooring flows seamlessly throughout, complemented by knotty alder cabinets and trim that includes every door in the house. Cooking is a delight in a kitchen equipped with stainless steel appliances and set against a backdrop of tinted, cathedral-style windows stretching from floor to ceiling. As night falls, automatic blinds offer privacy at the touch of a button. On the lower level, discover two spacious bedrooms, and a generous bathroom. Climb upstairs with custom rod railing to find a grand master bedroom complete with a luxurious en-suite and a fourth bedroom. Dedicated office space and a vast living room  carpeted for comfort and offering an abundance of storage. A convenient half-bath completes this space. Additional features include three diverse heat sources: a heat pump with AC, electric forced air, and a propane fireplace. The three-car heated garage boasts lift master jack shaft electric door openers, motion sensor lighting, and robust deadbolt locks. Utility is a theme, with a large W/D room fitted with a pantry and sink, spray foam insulation throughout, and a well producing 7 gpm with excellent filtration. Outdoor enthusiasts will cherish the cover trek deck, a durable 40-year composite roof, and RV parking with power/water hookups. A unique 1940 forest service shed, powered and perched on the property line, offers charm and potential. With all poles well within the property line and a generous double lot spanning 0.28 acres, this home is a rare find. No CCR's. Welcome to unparalleled elegance in Coolin, ID. This is the perfect year round cabin.
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Other
Year Built
--
MLS Number
--
Location
Address
209 Missouri St
City
Coolin
State
ID
Zip Code
83821
County
BONNER
Listing
Name
Phone
(208) 946-6959
Office Name
Office Phone
(208) 443-3328
Agent Name
Kara Williams
Agency Phone
(208) 443-3328

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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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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.