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3835 Center Hill Cove
Olive Branch, MS 38654
Tracy Kirkley with Crye-Leike Of MS-OB, original listing - (662) 895-8300
$600,000
Conventional
Property
Bedroom
6
Bathroom
Full: 3, ½: 2
Property Type
Conventional
Square ft
4266 Square Feet
Property Description
Welcome to your dream retreat! Nestled on nearly three serene acres, this expansive 4266 SF home is a true gem. As a bonus, there is a 30x50 workshop (with an 11,000 lb 2-post lift) too!!!As you approach, the large front porch welcomes you with beautiful views and meticulously landscaped grounds.Step inside to the warmth of pine floors that flow throughout the home, both downstairs and up. The inviting entry foyer, adorned with shiplap, sets the tone for the elegance that awaits. The formal dining room, with its charming chandelier, transom windows, and feature wall, is perfect for hosting memorable gatherings.The heart of the home, the great room, boasts high ceilings, built-ins around a cozy gas fireplace, and windows with transoms that frame picturesque views of the backyard. The open-concept design seamlessly connects the great room to a chef's dream kitchen. Here, custom staggered white cabinets, stunning granite countertops, a commercial-grade six-burner Jenn-Air gas cooktop, and stainless appliances create a perfect space for culinary adventures. The breakfast bar, walk-in pantry, appliance garage, sunroom space, and large eat-in area overlooking the side yard views add to its charm.The primary suite, a sanctuary of comfort, features a spacious bedroom with natural light and door leading to covered back patio. The luxurious bathroom has dual vanities, a large free-standing soaking tub, a spacious tiled shower, and ample walk-in closet space. Two additional bedrooms downstairs (one with a walk-in closet) share a Jack-and-Jill bathroom, while a convenient half bath and a well-equipped laundry room with tons of cabinet space (plus a mini-fridge) add to the home's functionality.Upstairs, the charm continues with pine floors and a versatile loft area leading to three more bedrooms and a bonus room. One extra-large bedroom features a walk-in closet turned into a delightful playhouse, while another bedroom enjoys a private entrance to the hall bath. The third upstairs bedroom has a walk-in closet and a space plumbed for another bathroom. The spacious central bonus room offers endless possibilities . . . and can easily accommodate a pool table, plus a full a living area.Outside, the fully fenced backyard combines open and wooded spaces, creating a private oasis. The standout 30x50 workshop, wired for 220 and 110, with two overhead doors and an 11,000 lb 2-post vehicle lift, is a mechanic's dream. The shop also has a separate meter with 200 amp service, LED lighting, all wiring in metal conduit, 1 built-in work bench, 1 rolling 4x8 work table, and shelving.Additional features of this dream estate include: attached 3-car garage, 20x24 shed with loft, RV parking with 30 amp service, new gutters w/leaf guard system, fiber optic (gigabyte speed) into house, and great neighbors!Located in the desirable Center Hill School zone, in the county (no city taxes), on a private cove lot, this home offers both tranquility and convenience. Don't miss the chance to make this exceptional property your own!
Property Information
Lot Size
2 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2006
MLS Number
--
Location
Address
3835 Center Hill Cove
City
Olive Branch
State
MS
Zip Code
38654
County
DE SOTO
Listing
Name
Phone
(901) 210-8045
Office Name
Office Phone
(662) 895-8300
Agent Name
Tracy Kirkley
Agency Phone
(662) 895-8300

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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.