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4223 Sharmans Run
Sharpsburg, MD 21782
Roben Ryberg with Samson Properties, original listing - (301) 882-8710
$420,000
Conventional
Property
Bedroom
2
Bathroom
Full: 1
Property Type
Conventional
Square ft
720 Square Feet
Property Description
Welcome home! We were off market for a few days to brighten the basement! In addition to the natural beauty of 5.37 mostly-wooded acres, you score a beautifully-updated 2 bedroom, 1 bath cabin/cottage, a detached garage with a huge workshop/office, a gazebo tucked in the woods, and an upscale chicken coop/storage shed. Look for white ribbons that mark approximate property lines. The newly-paved driveway welcomes you on the left. Once in, the cabin is on the right and the garage/workshop/bonus room is just to the left. The gazebo is tucked in the woods and the coop/shed is just beyond the house. Walk up a few steps to the large front porch to the enter the cabin. The light-filled open-concept living area welcomes you. To the left, the kitchen features beautiful, quality, white cabinetry, stainless steel appliances and gorgeous granite counters. Enjoy the table space next to the windows or enjoy extra seating at the extended granite counter. New Bellawood (real) hardwood flooring and neutral paint run throughout the home. To the right is a welcoming family room. A new electric fireplace with pretty white mantle makes for a cozy, mess-free ambience. Past the main living space is laundry room, bathroom, and two bedrooms. The laundry room features the same beautiful white cabinetry used in the kitchen, including a pantry, and a new washer and dryer. There is a coat and seating nook tucked just off the family room. The bathroom has been updated from floor to ceiling. The tub with shower is surrounded by white subway tile. Even the fan is pretty and quiet. The two bedrooms are cozy and perfectly suited. Heat and a/c are provided by a new Trane heat pump/air conditioner. The roofs on all buildings are new architectural shingle, except for the shed (it has a nice metal roof). The basement is the same size at the main living level and has an at-grade walk-out to the back yard. Freshly painted with vinyl plank flooring. It houses mechanicals, a work sink, a wood stove, and so much space for future rooms. The detached one-car garage is slightly-oversized with workbench and adjoins the home workshop/office. The garage houses a separate breaker box. Thoughtful placement of outlets and overhead lighting add to the appeal. The workshop/bonus room is huge. It has nicely-finished walls, multiple windows, a new mini-split, and commercial-rated luxury vinyl plank flooring. The lower level of this building features another workshop plus a storage area. The gazebo sits in the woods inviting picnics, play, or tranquility. When you want to explore beyond your 5.37 acres, you can enjoy two community-owned areas. One is 42 acres (just steps away from your property line) and runs along Sharman’s Branch, which connects to Antietam Creek. The other is 32 acres along Antietam Creek, just down the main neighborhood road. Enjoy fishing, rafting, canoeing (on the Antietam), or a stretch of the legs. Enjoy local amenities and nearby attractions too—Antietam Battlefields, historic Sharpsburg or Boonsboro, Shepherd University, C&O canal, wineries, restaurants, and more. Commuter routes are nearby too. The HOA does an admirable job on snow plowing too! Be who you want to be—entrepreneur, hobbyist, retired, work from home, entertainer, weekend retreater, solitude seeker—this little piece of paradise does it all.
Property Information
Lot Size
5 acre(s) square ft
Property Type
Residential-Cabin
Year Built
1993
MLS Number
--
Location
Address
4223 SHARMANS RUN
City
SHARPSBURG
State
MD
Zip Code
21782
County
WASHINGTON
Listing
Name
Phone
(301) 854-2155
Office Name
Office Phone
(301) 882-8710
Agent Name
Roben Ryberg
Agency Phone
(301) 882-8710

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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.