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3509 Bay Drive
Middle River, MD 21220
$1,250,000
Conventional
Property
Bedroom
4
Bathroom
3
Property Type
Conventional
Square ft
3162
Property Description
Presenting 3509 Bay Drive, an exquisite waterfront residence where sophistication meets functionality. This meticulously designed home boasts an array of luxurious features across three levels, complemented by breathtaking panoramic views. A two-car detached garage, equipped with a separate electric meter, ensures convenience, while the gated driveway, privacy fencing and extensive landscaping welcome you to a realm of elegance. The ground level introduces an array of modern amenities, including a garage with mini-split unit, 240v electric charger for your electric vehicles, and an elevator. The recreation room, with its modern concrete floor, offers a versatile space for leisure and entertainment and includes sliding doors accessing the patio and rear yard. The mid-level unfolds into a culinary dream with a kitchen that features a marble island with sink. Cooking is elevated to an art form with high-end Viking appliances, including a 6 burner gas range with griddle, double oven, commercial hood, dishwasher, and refrigerator, complemented by granite counters and high-end cabinetry. This level also enjoys engineered wood floors and extensive recessed lighting. The morning room, with its trayed ceiling, ceiling fan, and electric shades, offers a cozy retreat by the two-sided gas fireplace which straddles the family room. The views are stunning from this level. Sliding doors lead to a large composite deck, equipped with a retractable awning, inviting outdoor living and entertaining. The mid-level also features a perfect guest bedroom with trayed ceilings, engineered flooring, and crown molding, accompanied closeby with a full bathroom with tiled shower and glass vanity. A laundry room equipped with washer and dryer rounds out this level. The top-level is where relaxation meets luxury. Bedrooms 2 and 3 feature wall-to-wall carpeting, blinds, and recessed lights, creating a warm ambiance in each space. The second bathroom brings a jetted tub, inviting you to unwind in style. The primary bedroom, with cathedral ceilings, boasts a walk-in California custom closet, and access to a balcony offering the most sweeping views. The master bath, with a large dual-head shower featuring body sprays and bench, also features a heated ceramic floor, and jetted tub, providing a spa-like experience while you take in those views. Outside is a masterpiece of convenience and design, with an approximately 150’ dock. Exterior features long-lasting synthetic cedar shake and stone siding, along with a fenced and flat rear yard that’s perfect for games or relaxing in adirondack chairs. Additional luxuries include a hard-wired sound system, elevator with safety sensor, tankless water heater, and four propane tanks. Home is only seven years young. Offering the perfect blend of elegance and state-of-the-art amenities, 3509 Bay Drive is the perfect sanctuary for those who seek the waterfront life.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2017
MLS Number
MDBC2091096
Location
Address
3509 BAY DRIVE
City
MIDDLE RIVER
State
MD
Zip Code
21220
County
BALTIMORE (SOUTHEAST)
Listing
Provider
RE/MAX Aspire, original listing
Name
RE/MAX Aspire
Phone
(410) 465-8300
Office Name
RE/MAX Aspire
Office Phone
(410) 465-8300
Agent Name
Daniel Iampieri

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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.