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2909 Eaton Sq #108
Ellicott City, MD 21043
Sharon Keeny with Columbia, original listing - (888) 536-0216
$725,000
Conventional
Property
Bedroom
3
Bathroom
Full: 3, ½: 1
Property Type
Conventional
Square ft
--
Property Description
Wonderful opportunity to live in a quiet corner of Ellicott Mills age restricted Villas. You will be amazed at this beautiful home with remarkable space; so much room for all of your treasures! No need to worry about down-sizing as you can bring whatever you need for comfortable living without the burden of exterior lawn care and the benefit of so many comforts. Charming neighborhood with so much to offer,. Large community center with gathering spaces, meeting and party room, library and exercise center, not to mention in-ground pool and tennis court. Formal covered brick front porch reveals two story foyer; private library with vaulted ceiling framed by French doors, arched view of the dining room and vaulted ceiling revealing the upper-level loft. Formal dining room with chair rail and tray ceiling complimented by impressive moldings and columns framing the center hall. Large kitchen opens to great room with vaulted ceiling and gas fireplace; joining breakfast room/solarium with skylights. Sliding doors lead to the courtyard with private patio. The kitchen offers ample counter space and serving/seated island making the kitchen central to entertaining spaces. Gas cooktop, large double wall ovens, built-in microwave, dishwasher and recently replaced double door stainless steel refrigerator w/water and ice through the door and freezer drawer below. The main level also hosts the primary bedroom with front walk-in box bay windows, a walk-in and secondary closet, bath w/spa tub, seated shower and double vanity. The rear hall from the kitchen provides powder room and laundry space; access to the garage; plus, a rear staircase to finished space above the garage serving as bonus or professional office space which is heated and cooled by a separate unit. The upper level of the main house offers two very large bedrooms, generous hall bath, loft to support an upper-level family, office or gathering space plus an additional generous storage closet. The lower level is partially finished supporting another office/guest space, full bath, recreation room, generously finished storage closet, extremely large utility room with ample perimeter storage and space enough for a large work/hobby table. Gas heat and water heater. Recently replaced roof. Easy access to Rt. 29 and Rt. 70 will take you quickly to services, restaurants, shopping and beyond. This is the opportunity you've been waiting for.
Property Information
Lot Size
0 sqft square ft
Property Type
Residential Common Interest-Condominium
Year Built
2003
MLS Number
--
Location
Address
2909 EATON SQ #108
City
ELLICOTT CITY
State
MD
Zip Code
21043
County
HOWARD
Listing
Name
Phone
(888) 536-0216
Office Name
Office Phone
(888) 536-0216
Agent Name
Sharon Keeny
Agency Phone
(888) 536-0216

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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.