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10308 Bennie Duncan Road
Walkersville, MD 21793
$1,500,000
Conventional
Property
Bedroom
4
Bathroom
4
Property Type
Conventional
Square ft
3010
Property Description
Bring your bucolic dreams to this picturesque estate! This stunningly unique, historical stone farmhouse Circa 1875 has been completely renovated for today’s upscale and luxurious living. Every inch of this property has been thoughtfully restored while preserving its historical roots. The heart of the home, the kitchen, has been meticulously redesigned for effortless entertaining, a French country flair, complete with custom finishes, and masterful craftsmanship. Gleaming Ash hardwood, wood burning fireplace, high ceilings, bright and sunny! Beautifully appointed Master Suite. The stylish bathrooms are also been given a very attractive modern vibe! Well designed finished attic is its own Guest Suite retreat. European style deep window sills with Beautiful panoramic views. The property features a total of four bedrooms and three and a half baths. Savor your morning coffee or evening drinks on the expansive back deck, making it the ideal setting for gatherings of all sizes. Stars so bright at night, you can feel as though you are touching Heaven. It’s pure magic. A detached 2 cars garage is adjacent to the main home. Plenty of extra storage in the basement. A pretty creek runs thru the estate. Calm and peacefulness await! An enormous stone barn features stalls, w/ a post & beam looking hay loft. 21.9 acres of Beautiful pastoral views of rolling pastureland and wooded hills. A gracious and opulently appointed historic property! “In every walk with nature one receives far more than he seeks.” –John Muir Ideally located 10 minutes from route 15, Wegmans and close to downtown Frederick Seller is in the process of subdividing the adjacent parcel facing Daysville rd. Could possibly be 1 to 3 buildable lots in the near future. Additional land available with subdivision potential, call agent for details
Property Information
Lot Size
21 acre(s) square ft
Property Type
Residential
Year Built
1875
MLS Number
MDFR2045388
Location
Address
10308 BENNIE DUNCAN ROAD
City
WALKERSVILLE
State
MD
Zip Code
21793
County
FREDERICK
Listing
Provider
Hutzell and Sheets Realty Associates, original listing
Name
Hutzell and Sheets Realty Associates
Phone
(301) 662-6111
Office Name
Hutzell and Sheets Realty Associates
Office Phone
(301) 662-6111
Agent Name
Audrey Dequeker

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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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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.