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3213 Barbara Lane
Burnsville, MN 55337
Tam Le with eXp Realty, original listing - (320) 500-4397
$450,000
Conventional
Property
Bedroom
4
Bathroom
Full: 2, ¾: 1
Property Type
Conventional
Square ft
3284 Square Feet
Property Description
Welcome to 3213 Barbara Lane, where charm, comfort, and modern updates come together in perfect harmony! This beautifully maintained 4-bedroom, 3-bath Burnsville gem is packed with personality and ready to impress. Let’s start in the gourmet kitchen—a chef’s paradise! With rich cherry cabinets, sleek stainless steel appliances, sparkling granite countertops, and a fabulous double-tiered island, this space has it all. Whether you’re whipping up a feast or sipping your morning coffee, this kitchen is as functional as it is stunning. Plus, with fresh new flooring throughout the home, every corner feels bright and inviting. The main level is designed for both fun and function. Host dinner parties in the formal dining room, unwind in the spacious living room, or cozy up in the family room by the wood-burning fireplace with its charming brick surround. The four-season porch is perfect for all-year-round relaxation, complete with a ventless heater to keep things toasty. And when it’s time to take the party outside, step onto the expansive 21x16 deck—ideal for BBQs, game nights, or simply soaking up the sun. Three generously sized bedrooms are conveniently located on the main level, including the primary suite with a private bath—a true retreat! The lower level is where the fun really happens! A massive family room awaits, complete with a built-in wet bar and a gas fireplace framed by a stunning stone surround. Movie nights, game days, or casual hangouts—this space can do it all. You’ll also find a versatile exercise/flex room, a fourth bedroom, and a full bath. Located in a fantastic neighborhood just minutes from 35W, Highway 42, and Highway 13, and close to top-notch schools, this home is the total package. Don’t wait—schedule your showing today and get ready to fall in love with 3213 Barbara Lane!
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1968
MLS Number
--
Location
Address
3213 Barbara Lane
City
Burnsville
State
MN
Zip Code
55337
County
DAKOTA (County)
Listing
Provider
eXp Realty, original listing
Name
Phone
(612) 414-9434
Office Name
Office Phone
(320) 500-4397
Agent Name
Tam Le
Agency Phone
(320) 500-4397

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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.