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5645 Winslow Court
Ypsilanti, MI 48197
$575,000
Conventional
Property
Bedroom
4
Bathroom
3
Property Type
Conventional
Square ft
2474
Property Description
An opportunity to purchase an owner/builder custom built home with a wonderful layout that impeccably flows. The owner has spared no expense to provide a comfort and quality that endures. Upon arrival, the striking lines of the exterior catch your eye. As you step onto the Canadian limestone front steps, you know you've come home. Inside, the two-story foyer welcomes you. To your right is a formal living and dining room filled with sunshine and ideal for hosting gatherings and creating memories. The kitchen boasts granite counters, ceramic tile floors, and a suite of stainless-steel appliances from Viking, Bosch, and GE Monogram. The breakfast bar can be utilized as a buffet for sharing food with friends. In the cooler months you will appreciate the wood burning fireplace adorned with bookshelves - lose yourself in the pages of a George R. R. Martin novel while the fire provides warmth. During summers, retreat to your sunroom oasis, enjoying your morning coffee while watching birds, squirrels, and the occasional rabbit. Ascending to the second floor reveals the primary bedroom is large, with abundant light streaming in from multiple windows. There is an expansive walk-in closet with storage galore! The primary bath features beautiful tile floors, and a Schluter no-leak shower and floor system, ensuring both style and functionality. There are three additional bedrooms of good size; each versatile enough to serve as an office or media room. There is also another full bath on the second floor as well. The basement is an opportunity for storage, or finish to create a rec room or media room. Then step outside to your private retreat - the large deck with grilling station is sure to provide you with countless hours of enjoyment with friends. One corner of the lot has been designated a vegetable garden; the owners are leaving rain barrels so you can easily water your tomatoes, peppers and potatoes. Additional storage is provided by two sheds for storing gardening tools, storing your smoker, or whatever suits you. There is also an enclosed space for storing your fireplace wood. Finally, revel in the meticulously landscaped grounds adorned with mature trees, manicured hedges, lush bushes and perennial flowers, completing your personal sanctuary. If you can be persuaded to leave your retreat, there is a neighborhood park to visit. A little further is Hickory Woods Park. Or visit Wiard's Orchard or Rolling Hills Water Park. Markets include Meijer, Kroger, Whole Foods, Aldi, Sam's Club and more. And minutes from Easter Michigan University, the University of Michigan, Briarwood mall, Metro Airport and just a bit more travel time to get to downtown Ann Arbor or Detroit. This is a home you should not miss!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1984
MLS Number
24017633
Location
Address
5645 Winslow Court
City
Ypsilanti
State
MI
Zip Code
48197
County
WASHTENAW
Listing
Provider
Century 21 Affiliated, original listing
Name
Century 21 Affiliated
Phone
(734) 930-6150
Office Name
Century 21 Affiliated
Office Phone
(734) 930-6150
Agent Name
Alexsandra Anteau

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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.