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921 Logtown Road
Ellicott City, MD 21043
$845,900
Conventional
Property
Bedroom
3
Bathroom
3
Property Type
Conventional
Square ft
2488
Property Description
Rustic Sophistication Meets Modern Charm! The perfect blend of contemporary and classic living, nestled just outside of Baltimore, is an oasis that is Oella of Old Ellicott City. Conveniently located to Annapolis, D.C., and all three major airports, this stunning mill home offers a unique blend of charm, elegance, modernity, and serenity. As you enter this enchanting and surprisingly large house, you are greeted by locally quarried stone walls, wood plank, and beam ceilings, and log and chink walls, a quality representative of a more substantive era in home construction. As you explore the rest of the home, you will discover the contemporary fixtures, appliances, and flooring that complement this extraordinary house's authentic character and warmth. When asked how they would describe their 20 years in this iconic 18th-century stone home, the owners say, "We were in love at first sight. The house has provided dozens of wonderful memories through the decades since -- springtime walks along the Patapsco River, the Trolley Trail, and Main Street, summer dinner parties on the stone terrace, snowy Christmases by the fireplace, seasons of children's smiles and laughter, and all of the years in between. The hunt for authentic features to blend and soften the home's rustic charm began on that first day, and it inspired the pair around the world to identify stone flooring, decorative tile, and unique kitchen cabinetry from Germany. They spared little expense to find just the right furniture and finishes to make each room and every space their own and continued each year to maintain and update the home systems, which include a 4-year HVAC, two-year roof and gutters, and two-year replacement window systems. They poured even more of themselves into the rear landscaping and hardscaping, carving bluestone and slate patios into the hillside setting and adding many lush perennial plantings. "We can’t wait to see who falls in love next!” Polished to perfection as a rare gem, the home is highlighted by its custom indoor living and terraced outdoor landscaping. Lush greenery and entertainment areas, including corn hole and fire pits, hot tub, and custom lighting, offer breathtaking views. Nature lovers delight at the perfect outdoor dining and gardening areas, ideal for play or simply soaking in the natural beauty of the Patapsco Valley. A stroll along the picturesque Patapsco River leads to Main Street in Old Ellicott City. Explore locally owned shops, restaurants, and cultural attractions. Don't miss your chance to own this oasis and be a part of one of Maryland's most charming and inviting communities!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1810
MLS Number
MDBC2095168
Location
Address
921 LOGTOWN ROAD
City
ELLICOTT CITY
State
MD
Zip Code
21043
County
HOWARD
Listing
Provider
Monument Sotheby's International Realty, original listing
Name
Monument Sotheby's International Realty
Phone
(703) 935-9889
Office Name
Monument Sotheby's International Realty
Office Phone
(443) 746-2090
Agent Name
Kimberly Kepnes

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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.