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934 Thompson Boulevard
Essex, MD 21221
Daniel McGhee with Homeowners Real Estate, original listing - (410) 967-5995
$1,222,000
Conventional
Property
Bedroom
5
Bathroom
Full: 4
Property Type
Conventional
Square ft
3450 Square Feet
Property Description
Welcome to this stunning, newly built 4 bedroom, 4 full bath masterpiece of a home sitting on almost an acre and 100 feet of water front on Back River. Pull into the large newly laid driveway and pull into the spacious two car garage which comes with 2 EV chargers. Take the walkway to the front door to the covered concrete front porch and enter in through the front door to the main level. The main level starts with a grand entrance with a two story foyer with elegant light fixture hanging above you and high quality wood flooring laid out over the entire floor. To the left is a main floor owners suite for ease of living which has a private entrance into the main floor elegant, modern full bath. This full bath has a hallway entrance as well for ease of access. The main floor hallway opens up into a massive open concept living room with stunning water views and tons of light entry. Three sets of sliders, that exit from this room out onto the newly built composite rear deck, allow for spectacular views of the dock, and river beyond. This room opens up seamlessly into a dining area, followed by the modern gourmet kitchen. The kitchen is tastefully done with a large quartz island and tons of quartz countertop room with backsplash and custom cabinetry with under cabinet lighting. There are high end appliances including wall ovens and a stove, and a deep sink directly below a window that looks out over the water. A short hallway/mudroom with coat closet leads from the kitchen area out into the two car garage. Taking the wood stairs to the second floor brings you to another level covered in high quality wood flooring. Up here you will find a full modern bath with a tub/shower combo, and 4 full bedrooms. One of these bedrooms will be the owners suite. Open the double doors and be amazed at all the windows that look out over the water in this spacious room with tray ceilings. On the other side of the room is the entrance to a private bath which was done with modern precision in mind. Elegant tile stretches across the floor and up the walls, a stand alone tub sits in the corner across from a double vanity which both look out over the water, there is a private toilet room, and a large elegant glass encase walk in shower. A door at the rear of the bathroom leads into a large walk in closet. Also on this top floor is one of the houses two laundry rooms, making it easy access for comfort of living. Taking the stairs down to the fully finished basement. Yes, that is right, a full basement on the waterfront! This home is NOT in a flood zone, and sitting 16 ft above sea level, requires no flood insurance. The basement has luxury vinyl plank flooring throughout, with a large living room area, a full modern bath, a second laundry room, and a large storage room. The basement also has an exit door to a side walk up to exit the building. There is a large cleared rear yard that leads down to the water and the newly built 100 ft pier/dock. This home is a masterpiece of modern building and was done with high quality finishes and no details spared. There is 400 amps of electric service, an interior and exterior built in speaker system, it has dual zoned HVAC, 10 ft ceilings, and many more gorgeous details throughout. Don't miss this one, come see it today!
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2024
MLS Number
--
Location
Address
934 THOMPSON BOULEVARD
City
ESSEX
State
MD
Zip Code
21221
County
BALTIMORE (SOUTHEAST)
Listing
Name
Phone
(410) 836-9399
Office Name
Office Phone
(410) 967-5995
Agent Name
Daniel McGhee
Agency Phone
(410) 967-5995

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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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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.