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6039 County Road 5375
Cherryvale, KS 67335
Jamie Reister with L2 Realty, Inc, original listing - (620) 577-4487
$295,000
Conventional
Property
Bedroom
2
Bathroom
Full: 2
Property Type
Conventional
Square ft
1440 Square Feet
Property Description
Charming 2-Bedroom, 2-Bath Country Home on 21 Acres - Perfect for Hobby Farming and Rural Living Escape the hustle and bustle of city life with this beautiful, newly built 1,440 square foot home situated just off the highway, offering plenty of space for a hobby farm or peaceful country living. Completed in 2023, this modern home features two spacious bedrooms and two bathrooms, including wide 36-inch doors throughout for easy access and comfort. Key Features of the Home: Open-Concept Living: The home's layout offers a seamless flow from the large kitchen to the living area, perfect for family gatherings or hosting friends. The kitchen is a chef's dream, featuring an abundance of cabinets and storage space, making it easy to organize all your cooking essentials and supplies. Master Suite: The master bedroom offers a peaceful retreat with ample room for a king-size bed and additional furnishings. The adjoining master bath features modern fixtures and ample storage, creating a spa-like experience right at home. Bright and Airy Interior: With large windows throughout, natural light fills the home, making it bright and inviting. The south-facing front porch allows you to bask in the sunlight throughout the day, while providing a perfect spot for relaxing and watching the deer stroll through the property. Two Full Bathrooms: Both bathrooms are generously sized with contemporary finishes, offering convenience and comfort for you and your guests. Exceptional Outdoor Features: Spacious 3-Car Pole Barn with Lean-To: Whether you need space for tools, tractors, or vehicles, this large pole barn is a game-changer. With a lean-to on the south side, you'll have even more covered space for equipment, firewood, or animals. This is truly a dream space for anyone who needs a workshop or barn area. Lush, Expansive Grounds: Sitting on a generous 21-acre plot, the property features not one, but two ponds-ideal for fishing, wildlife watching, or just enjoying the serenity of the water. The hay meadow provides room for seasonal hay production or could be used for additional grazing or farming. Garden Area: There's plenty of space for a large vegetable or flower garden, where you can grow your own food and enjoy the fruits of your labor. Whether you're looking to cultivate fresh produce or create an outdoor haven, the possibilities are endless. Fencing: The entire property is securely fenced, ensuring your animals can roam freely without worry. It also provides a clear boundary around your land. Wildlife: From deer that frequently wander through to the potential for spotting other local wildlife, the property offers an idyllic natural setting. The surroundings are perfect for birdwatching, hiking, or simply enjoying the tranquility of rural living. Ideal for Hobby Farming: Ready for Animals: Whether you're dreaming of raising chickens, goats, or other farm animals, the land is ready and waiting. The fencing, ample space, and proximity to the barn make it ideal for livestock and other farming activities. Sustainable Living: If you're looking to live off the land, this property offers the space and resources to start a small-scale farm or homestead. From the garden area to the hay meadow, there's everything you need to grow your own food and live sustainably. Location and Accessibility: Convenient Country Living: Though this property feels wonderfully secluded, it's just 15 minutes from Cherryvale, 20 minutes from Independence, and 20 minutes from Neodesha. This means you have quick access to all the amenities and services you might need, including shopping, schools, and healthcare, while still enjoying the peace of rural living. Easy Access: Being located just off the highway provides easy, quick access to major routes, making it convenient for commuting or traveling.
Property Information
Lot Size
21 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2023
MLS Number
--
Location
Address
6039 County Road 5375
City
Cherryvale
State
KS
Zip Code
67335
County
MONTGOMERY
Listing
Provider
L2 Realty, Inc, original listing
Name
Phone
(620) 577-4487
Office Name
Office Phone
(620) 577-4487
Agent Name
Jamie Reister
Agency Phone
(620) 577-4487

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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.