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9720 Redamar Drive
Hagerstown, MD 21740
Michael Draper with Century 21 Market Professionals, original listing - (301) 671-4663
$1,100,000
Conventional
Property
Bedroom
4
Bathroom
Full: 4, ½: 1
Property Type
Conventional
Square ft
5954 Square Feet
Property Description
This stately home sits in the prestigious neighborhood of Redamar Estates. With amazing mountain views and backing to farmland, this home sits on just over 2 beautifully landscaped acres. The front circular driveway, large paved parking area, and attached 3-car garage, provide ample parking to match the spaciousness of this home. The home offers numerous outdoor living areas to enjoy the grounds and views. The front of the home features brick walkways and a brick courtyard that lead to the impressive front entry door. The rear of the home offers a brick patio complete with outdoor post lighting, and privacy walls. The most attractive outdoor living space is the 14 x 19 screened rear room offering brick walls and floors, stained wood ceiling, ceiling fan and heavy gauge screen that won’t tear easily. Step through the front entry and you’ll find yourself in the homes impressive entry foyer with soaring 2-story ceilings, marble tile floors, wrapping staircase and views of many of the main floor living areas. Just to the left is the homes formal living room with custom built-in cabinets and shelving, wood burning fireplace, walk-out bay window, Cathedral ceilings and hardwood floors. This room would make a wonderful library or conversation space. The homes formal dining room offers crown molding and chair railing, and offers table space to seat 10 people comfortably. If dinner and cocktails with friends sounds entertaining, this is the floor plan you’re looking for. The back half of the main level offers a large open space that includes the homes family room, kitchen, breakfast room and wet bar. This space features hardwood floors, vaulted ceilings with multiple skylights, large circle top French doors to the rear patio, and a custom floor to ceiling brick wood burning fireplace. The kitchen offers a wrap-around breakfast bar, granite counters, upgraded appliances, hardwood floors, and expansive views across this open floor plan. The breakfast area will accommodate table space for 6 easily. The main level also includes a spacious laundry room with built-in cabinets, laundry sink, and large storage closet. The home features two primary suites, one on the main level and one on the upper level of the home. The main level primary suite measures 16 x 20, with carpeted floors, gigantic walk-in closet and a private deluxe bath. The bath offers oversized double vanity, tile floors, walk-in tile shower, sunken jetted tub and separate toilet room. This unique primary suite offers vaulted ceilings that open to the 2nd floor loft above. The loft could be enclosed to make a 5th bedroom on the 2nd level of the home. It’s currently used as a private space for the owners suite. The second level primary suite features a spacious bedroom with access to multiple closets, a spacious walk-in closet, private tile full bath, and access to a separate home office or sitting room with skylights. The homes other two bedrooms on this level share access to a spacious hall bath with tile tub/shower combo. The lower level of the home is partially finished and features a 4th full bathroom with walk-in tile shower, a large rec room and a home theater or game room. The homes utility area includes plenty of space for storage and a home workshop. This home offers an outdoor lawn sprinkler system, all brick exterior construction, central vac, 960 sq ft attached garage, 2 zones of heating/cooling, new roofing, alarm system, active radon mitigation system, multiple storage rooms and 2+ acres of land. You’ll find easy access to I-70 and amenities in nearby Hagerstown, Maryland. Minutes to Meritus Medical Center and Hagerstown Community College.
Property Information
Lot Size
2 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1993
MLS Number
--
Location
Address
9720 REDAMAR DRIVE
City
HAGERSTOWN
State
MD
Zip Code
21740
County
WASHINGTON
Listing
Name
Phone
(301) 671-4663
Office Name
Office Phone
(301) 671-4663
Agent Name
Michael Draper
Agency Phone
(301) 671-4663

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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.