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805 Old Joppa Road
Joppa, MD 21085
$799,900
Conventional
Property
Bedroom
6
Bathroom
4
Property Type
Conventional
Square ft
4160
Property Description
Reviving Tradition, Redefining Comfort: The Remastered Wilna Farmhouse: Farmette in the Fallston School district and NO HOA! This 6-bedroom, 3.5-bathroom sprawling colonial farmhouse style home, built in 1940 by Alexander Shaw, a former prominent Bel Air architect, boasts a rich history and timeless appeal. Stepping inside, you're greeted by the warmth of original chestnut floors and charming built-ins throughout. Natural light floods the space, especially in the sunroom, offering a cozy retreat for relaxation or indoor gardening. The main level owner's suite is a retreat unto itself, complete with walk-in closets, a primary bedroom, and a study/nursery. The private bath boasts a walk-in shower, heat lamp, ceramic tile, and a linen closet, providing luxurious comfort and convenience.Outside, the covered front porch beckons for leisurely evenings watching the sunset. Dormers add character to the exterior while thousands of bulbs bloom in the meticulously landscaped gardens, creating a vibrant atmosphere year-round. For those with a green thumb, the property boasts numerous raised gardens, a garden shed, and an original 1860s Wilma Farm smokehouse, adding both history and functionality to the landscape. Entertainment options abound with an in-ground saltwater pool, perfect for summer gatherings, and a fire pit for roasting marshmallows under the stars. A pavilion and a gazebo to provide shady spots for outdoor dining or simply enjoying the tranquility of the almost 4-acre property. The detached 3-car garage is ideal for storing tractors, cars, small boats, and yard equipment, ensuring ample space for all your outdoor pursuits. And let's not forget the charming frog pond, adding a touch of whimsy to this picturesque setting. Whether you're lounging by the pool, tending to the gardens, or simply enjoying the peaceful surroundings, this colonial farmhouse offers a perfect blend of comfort, convenience, and country charm. Shown by appointment only.
Property Information
Lot Size
3 acre(s) square ft
Property Type
Residential
Year Built
1940
MLS Number
MDHR2030706
Location
Address
805 OLD JOPPA ROAD
City
JOPPA
State
MD
Zip Code
21085
County
HARFORD (SOUTHEAST)
Listing
Provider
Cummings & Co. Realtors, original listing
Name
Cummings & Co. Realtors
Phone
(410) 675-1550
Office Name
Cummings & Co Realtors
Office Phone
(410) 823-0033
Agent Name
Sally Hechter

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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.