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2806 Dakin Ave
Baton Rouge, LA 70820
$900,000
Conventional
Property
Bedroom
4
Bathroom
5
Property Type
Conventional
Square ft
4550
Property Description
Come see a great family home sitting on one of the largest lots at the front the desirable Riverbend Subdivision off Dakin Ave in private cul de sac just minutes from LSU, downtown & the River Rd. This unique 2-story property offers a little something for everyone in the whole family. Nice blend of size, space, yard, comfort, & modern amenities wrapped into a home. Enter to see the gleaming wood flooring, soaring ceilings, wood staircase, and an abundance of windows all over that allow natural light to flow into the home. There?s room to entertain and the family to spread out. The spacious living room wood burning fireplace with painted brick hearth anchors the space. Sitting area with its plantation shutters is a great place to unwind with friends and family overlooking the expansive back lot plus views of the open & screened-in portions of the back patio where the kids can be kids. The updated kitchen has an abundance of painted cabinets, 3cm slab granite, center island, butler pantry & walk-in pantry for your growing family. Stainless appliances include gas cook top, wall oven, microwave, & dishwasher. Easy access to formal dining room with French doors leading to the side porch. Comfortable & private home office on first floor with custom built-ins makes working from home easy to do. Upstairs is the game room where all the family will want to be together. Primary bedroom upstairs has newly renovated en-suite bath featuring dual vanity, freestanding soaker tub, custom tile shower with seamless glass, & 2 walk-in closets. Upstairs features 2 additional bedrooms & renovated shared hallway bathroom. Downstairs is mother-in-law bedroom & full bath. The outside space is where the family can expect to make some memories. Check out the pergola, covered outside kitchen area, brick corridor walk way between the 2 spacious separate garage units. Parking for up to 6 vehicles inside. Located in Flood Zone X.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
--
MLS Number
2024003784
Location
Address
2806 Dakin Ave
City
Baton Rouge
State
LA
Zip Code
70820
County
EAST BATON ROUGE (COUNTY SOUTH)
Listing
Provider
Keller Williams - Ascension Parish, original listing
Name
Keller Williams - Ascension Parish
Phone
(225) 744-0044
Office Name
Keller Williams - Ascension Parish
Office Phone
(225) 744-0044
Agent Name
Juli Jenkins

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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.