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395 E. Van Buren St.
Kinderhook, IL 62345
$295,000
Conventional
Property
Bedroom
2
Bathroom
2
Property Type
Conventional
Square ft
1810
Property Description
This beautiful 2-bedroom, 2-bath home is move-in ready with the high-end upgrades of your dreams. The renovations were designed by award-winning Chicago architect, Claudia Skylar of Mastro & Skylar Architects, and completed by Dale Koontz Builder, the region's leading luxury contractor. The kitchen boasts custom cabinets with optimal storage: a special salad station that has built in knife storage; extra-width LG quartz stain-resistant counters; a huge island made for entertaining and casual dining, complete with a separate circuit for the microwave; multiple USB-A charging ports; smart overhead and pendant lighting; Porcelanosa backsplash; a Bosch dishwasher; top-rated LG dual-fuel stove with double ovens; a deep sink with no-touch faucet; highly rated disposal with air-touch switch; and a GE exhaust fan with an outside vent. The family room was remodeled with the kitchen and had LED recessed lighting with dimmer; a gas fireplace with a remote that is surrounded by Porcelanosa tile; TV inset with hidden wires; built-in shelves; in-floor electrical outlets; power outlets on walls for surround speakers; top-rated, high-efficiency windows in remodeled areas; and painted shutters that provide privacy as well as energy savings. The dining room features oak paneling with crown molding; custom window treatments; and a 12-foot high-e Pella sliding door that opens to the newly installed no-maintenance deck with a gas fire pit, separate natural gas connection for a grill and dedicated protected power outlets. The pantry/laundry room was remodeled in 2020, Ikea designed and built with space for clothes, linens, cleaning supplies, and laundry supplies. You'll find a lightweight vacuum cabinet with power; easy access natural gas line controls; and a highly rated stacked LG washer and electric dryer. The upstairs master bedroom ensuite, designed by Skylar, utilizes the original wide-plank floors. A gas fireplace operates by remote control. The master closet was custom made with special shelving for shoes, laundry and jewelry, and an area for a coffee bar. The spa-like master bathroom includes a standalone 17 inch deep soaking tub, tiled custom shower with dual shower heads with separate controls. Both tub and shower use Grohe thermostatic valves. A separate commode area has its own vent fan. The mudroom addition features a large closet with a built-in safe and custom shelving. The HVAC system was replaced in 2019 with a three-zone, smart system for maximum efficiency; two electric water heaters; a water softener and GigE fiber internet. The home is secured by a Ring system with battery and cellular backup. Multiple camera with flood lights cover the exterior. Eufy smart locks on the back door and garage door are waterproof and can be opened with fingerprint, phone app or a physical key. For the car enthusiast, the oversized three-car detached garage has 1200 sq ft for your vehicles and workspace. A separate, insulated cedar-lined area could also work as an office or home gym. The well-maintained landscaping and new trees provide privacy. This property offers luxurious living in a quiet, rural setting.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
--
MLS Number
11274796
Location
Address
395 E. Van Buren St.
City
Kinderhook
State
IL
Zip Code
62345
County
PIKE
Listing
Provider
PIKE COUNTY REAL ESTATE INCORPORATED, original listing
Name
PIKE COUNTY REAL ESTATE INCORPORATED
Phone
(217) 285-5800
Office Name
PCRE REAL ESTATE & AUCTION, INC
Office Phone
(217) 285-5800
Agent Name
Misha Ehlert

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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.