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1308 Dixie
Rockton, IL 61072
$375,000
Conventional
Property
Bedroom
5
Bathroom
3
Property Type
Conventional
Square ft
2623
Property Description
This wonderful five-bedroom two story home is located in the charming Village of Rockton and with-in the highly ranked Hononegah High and Rockton Grade School District! The open floor plan is spacious and features a big great room with a woodburning fireplace and an adjacent oversized foyer is ideal to greet guests at the front door! A formal dining room with wood flooring along with a dedicated office flank the foyer. A large eat in kitchen is perfect for entertaining with a big eat in space and an island is ideally situated to be used for food prep or as a serving space. Loads of gorgeous cabinetry provide tons of storage space plus a double pantry cabinet allows for additional food storage. The stainless steel appliances include a Bosch dishwasher along with a gas stove, refrigerator and microwave. Tile flooring throughout the kitchen leads to the Pella sliding door and patio, ideal to access a grill during cookouts. Completing the main level a tiled half bath and main floor laundry room are convenient to the kitchen. Upstairs you will find five bedrooms including a spacious main suite at one end of the home complete with a private full bathroom featuring tile flooring, a whirlpool tub and separate shower plus double sinks. An attached custom organized walk-in closet is bright with light from a large window and includes a second laundry hookup! Two of the additional bedrooms also include upgraded custom closets. Two more bedrooms are near to the tiled main bathroom and complete with a tub and shower combo, a double sink and large vanity that provides plenty of storage space in this good-sized bathroom. This spacious home has ample space to expand the living area with an unfinished lower level complete with an egress window and a bathroom rough-in. Plenty of storage space is also available in the lower level. This wonderful home has so many features including a silent floor system, water filter system, and April Aire. Many recent upgrades include the roof and gutters, a high efficiency furnace and comfort sync thermostat, central air, water heater, appliances, garage door opener and spray foam insulation in the basement! The beautiful fenced backyard is perfect to relax or entertain and a big patio overlooks an open lawn providing plenty of space for fun and games. Enjoy a little gardening with several built in raised garden beds. A charming front porch is ideal to be used as a sitting area and the garage provides plenty of space for cars and exterior storage. The Village of Rockton provides so much entertainment with the downtown so close by! Events and festivals all year round include the river market on Wednesday evenings all summer with live music, food trucks, shopping and activities! You are sure to enjoy your time spent in one of the parks, play grounds or forest preserve. Take a ride on the bike paths, swim at the community pool or launch your boat from the community boat launch. Do your errands locally, just take a walk down Main Street, you will find plenty of shops, restaurants, bars, a market, the library and handmade ice cream or just sit and relax at the wine bar! Plenty of sporting opportunities are available with the athletic fields and multiple golf courses or play tennis, pickleball and basketball on the community courts.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
--
MLS Number
202402375
Location
Address
1308 Dixie
City
ROCKTON
State
IL
Zip Code
61072
County
WINNEBAGO
Listing
Provider
ReMax Valley Realtors, original listing
Name
ReMax Valley Realtors
Phone
(815) 623-8300
Office Name
Re/Max Valley Realtors
Office Phone
(815) 623-8300
Agent Name
Sheryl Peterson

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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.