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314 S Henderson Street
Elton, LA 70532
CECILE BARNHART with Crest Realty, original listing - (318) 448-8088
$220,000
Conventional
Property
Bedroom
3
Bathroom
Full: 2
Property Type
Conventional
Square ft
2109 Square Feet
Property Description
Let the prairie winds blow you down a small town road to the corner of S. Henderson and 3rd in Elton, LA, right next to a rice field or (some years) a crawfish pond. Here stands a classic red brick ranch, sturdy and meticulously kept, ready for gatherings and memory-making on a 1 acre tree-shaded lot. You’ll love the views from the front porch and the zydeco-tinged breezes on the screened-in back porch. This convenient location -- on the cusp of wide-open spaces -- is minutes from Kinder, Coushatta, and Jennings and just about an hour’s drive to Lake Charles, Lafayette, or Alexandria. The spacious entry/dining area leads right into the interconnected kitchen/breakfast nook and cozy living area with gas fireplace and maple bookcases. Low maintenance wood paneling and ceiling beam details give the space warmth and character. The real wood cabinets with stained glass details, gas cooktop, double oven, and views of the backyard make the kitchen both functional and aesthetic. The breakfast nook is open to the living room and serves up views of the screened-in porch and lovely backyard. The 2-car carport and ample laundry area are accessible from a hallway adjacent to the living room. On the left side of the entry, you’ll find the 3 very spacious bedrooms, all with large closets and built-in drawers and shelves, and 2 full baths. The paneling throughout the bedrooms is in excellent condition. Leave it as-is, or paint it your preferred hue for a fresh and modern look. Either way, this 1960s era, one owner ranch is sure to please. The property includes a large metal boat or travel trailer cover and a metal shed. There is room for other structures as needed for hobbies or even a home office. You’re going to love this community and this fine property – priced below appraisal. Schedule your tour today! Front porch posts were replaced within the last year. Outside HVAC unit replaced March 2023. Roof is 8-years-old.
Property Information
Lot Size
1 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
--
MLS Number
--
Location
Address
314 S HENDERSON Street
City
Elton
State
LA
Zip Code
70532
County
JEFFERSON DAVIS
Listing
Name
Phone
(318) 613-8945
Office Name
Office Phone
(318) 448-8088
Agent Name
CECILE BARNHART
Agency Phone
(318) 448-8088

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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.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

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.