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235 N Front St
Russell, KS 67665
$119,500
Conventional
Property
Bedroom
3
Bathroom
2
Property Type
Conventional
Square ft
--
Property Description
Are you wanting all one level living? This home could be just what you are looking for. This all brick home is located on a corner lot and only two blocks from the park and only a few more blocks to beautiful downtown Russell. This home has been well maintained- the roof was fully replaced in March of 2020, the hot water heater was replaced in February of 2019, and the furnace was replaced in October 2018.This home is larger than it appears at first glance. Upon entering the home there is a drop zone area with cubbies and hooks for coats and or hats. To the right of the entrance is a very spacious living room with a faux fireplace as the focal point. The living room has a large picture window and opens up to the large dining room area. The bedrooms are all situated at one end of the home. The living room and 3 bedrooms have newer carpet in them- but there is gorgeous wood floors in all 3 bedrooms and the wood is in pristine condition -if you prefer wood floors over carpet. The Master bedroom is a great size and has a large closet. The other two rooms are a decent sized as well. This home has a good amount of storage space with a linen cabinet built-in located in the hallway area as well as a large cedar lined closet. The full bathroom is near the bedrooms and has been updated in the last few years and has a new shower surround in May of 2020, new flooring, and new vanity. Just through the dining room is the kitchen and breakfast area. In the breakfast area- it is a little nook that could be multi-use purpose. The nook area is a bonus area- one could add a little bistro table and 2 chairs for morning coffee, a desk area for homework or more cabinets and additional counterspace. Just a few steps away is a mudd room\hallway with an additional entry door near the driveway. This mudd room area has access to the laundry room, 1\2 bath (could easily add a shower back in the 1\2 bath- the plumbing is still there), mechanical\storage room, the backyard, and the garage. The garage is an oversized single attached garage with tons of mounted cabinets\built-ins for extra storage. The additional exterior entrance is covered and surrounded by a little decorative brick wall. The backyard has a privacy fence and walk-through gate to the driveway. The driveway has extra parking to the south. If this home is something you would like to consider- call or text Traci Wieger at 785-445-8735 to schedule a time to look at it..
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1950
MLS Number
202820
Location
Address
235 N Front St
City
Russell
State
KS
Zip Code
67665
County
RUSSELL
Listing
Provider
About You Realty, original listing
Name
About You Realty
Phone
(785) 445-4146
Office Name
About You Realty
Office Phone
(785) 445-4146
Agent Name
Traci Wieger

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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.