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1208 J Ave
Kalona, IA 52247
$799,000
Conventional
Property
Bedroom
8
Bathroom
6
Property Type
Conventional
Square ft
7067
Property Description
Step into a residence that exudes refinement and sophistication. Boasting 8 bedrooms, 5.5 baths, and an impressive 8,067 sq. ft. of meticulously crafted living space, this home epitomizes elegance at every turn. Priced at just $99 per square foot, this is a rare opportunity not to be missed. Nestled on .77 acres of secluded land, this exquisite home offers a serene escape while still being conveniently located. As you enter, you're greeted by soaring ceilings and an inviting front porch foyer, setting the tone for the luxury within. Beautiful oak floors and custom cabinetry adorn the main level, complemented by built-in speakers, a whole-home generator, and a central vacuum system for added convenience. The heart of the home is undoubtedly the chef's kitchen, equipped with top-of-the-line Thermador stainless appliances, including a 60” refrigerator, a 48” range with hood, and dual dishwashers. An expansive eat-in island, coffee bar, and gas fireplace create a space as functional as it is luxurious. The adjoining great room is a sight to behold, with a mirrored ceiling, fireplace, and access to the outdoor deck and pool area. Additional highlights of the main level include a light-filled solarium, a spacious library/great room with built-ins, and a convenient mudroom with built-in lockers. A main level bedroom with an ensuite bathroom offers flexibility and convenience. Upstairs, six bedrooms and three full baths await, including two primary suites with private bathrooms and walk-in closets. Two laundry rooms add further convenience, while a private balcony and study area off one of the primary suites provide a tranquil retreat. The walkout lower level features a third primary ensuite with a kitchenette area and fireplace, as well as space for an exercise room and abundant storage. Outside, numerous porches and patios beckon for relaxation, while the fenced-in maintenance-free pool deck features an above-ground heated pool and Hestan grill. A private fenced yard with mature trees, a storage shed, and a treehouse complete the picture of this idyllic oasis. Welcome to your own private sanctuary of elegance and comfort.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1900
MLS Number
202401068
Location
Address
1208 J Ave
City
Kalona
State
IA
Zip Code
52247
County
WASHINGTON
Listing
Provider
KALONA REALTY, INC., original listing
Name
KALONA REALTY, INC.
Phone
(Uni) ted-Stat xes13196565299
Office Name
KALONA REALTY, INC.
Office Phone
(319) 656-5299
Agent Name
Hayley Hershberger

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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.