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4199 Robinson Crossing
Olive Branch, MS 38654
Donnie R Chambliss with Crye-Leike Of MS-SH, original listing - (662) 349-5550
$800,000
Conventional
Property
Bedroom
5
Bathroom
Full: 3, ½: 2
Property Type
Conventional
Square ft
5046 Square Feet
Property Description
Welcome to Robinson Crossing, premier custom community in Olive Branch, MS ~ Large Updated Home loaded with high-end features and 5 Bedrooms, 3 Full Bathrooms, Two Half Baths, Bonus Room, Open Plan with 2 Living Spaces, Outdoor Living with New Pool, and 3-Car Garage on a 1/2 acre lot in the back of the neighborhood ~ Impressive 18 Foot 2-Story Entry with heavy trim, Nail Down Wood Floors, and a wide, commanding double staircase ~ Opens to a Formal Dining (or home office) with Barn Doors, Wood Floors, Tray Ceiling, Crown Molding, Trim, Plantation Blinds ~ Wet Bar - Butler's Pantry leads you to a Vaulted Great Room with Ceiling Fan, Wood Floors, Center gas FP, Crown Molding, and 4 windows with plantation blinds offering great views of the Rear Covered Porch and Pool ~ Big Chef's Kitchen with Walk-In Pantry, Commercial Kitchen-Aid 6-Burner Gas Cook-Top, pot filler, tons of custom cabinets, drawer stacks, spice racks, brick backsplash with under-cabinet lighting, Double Wall Ovens, recessed lighting, 2 sided L-Shaped Island with Granite Bar, and Fridge Included ~ Kitchen opens to a nice Breakfast Area with 4 windows, upgraded lighting and a Hearth Room 2nd Living space with Wood-Burning 2nd FP, crown molding, recessed lighting, and alternate stairs to a private multi-purpose Media Room with Surround Sound and projector screen (could be Bedroom 6) ~ Just off the Hearth Room find a Mud Area with Cubbies and a large Laundry Room with Granite Folding Counter, Sink, Upper & Lower Cabinets, hanging rod, and Broom Closet ~ Primary Bedroom has a security keypad, tray ceiling, crown molding, recessed lighting, ceiling fan and a 2-sided FP ~ Primary Bath with Travertine Floors, Dual Granite Vanity with Drawer Stack, Center Jetted Tub, Walk-Thru Shower with Frameless Glass, Dual Heads and Seat, and the 2-Sided FP plus a large walk-in closet with his/her sides with wood shelves and cubbies ~ Bedroom 2 is on the first floor with a private bath ~ Upstairs find a HUGE Bedroom 3 (14 x 23) with 2 Ceiling Fans and a private bath ~ Bedrooms 4 and 5 are nicely-sized with Jack n Jill Bath in between ~ Outside find an updated Covered Porch with beautiful Arkansas fieldstone, Outdoor TV, Gas line to grill and an extended stone patio opening to an Inground Gunite salt-water pool with Hot Tub/Spa, Heater, Tanning Ledge, Jetted water feature, Diving Board and ample concrete patio around ~ Back Yard with room to play, full privacy fence with gate ~ Additional Features: Plantation Blinds throughout, Security System, Stereo Intercom, Nail Down Floors throughout the first level, Crown Molding entire first floor, Alternate Stairs, wood-tread stairs with iron rails, new flooring in Primary BR and BR 2, Exterior Security Lighting, Tech Shield Roof Decking, Walk-In Attic, Landscape Lighting, Stone Landscape Planters, Full Irrigation, Pet Door, Gutters, Basketball Goal, Community walking trails. Robinson Crossing is the #1 School for Northpoint Families.
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2008
MLS Number
--
Location
Address
4199 Robinson Crossing
City
Olive Branch
State
MS
Zip Code
38654
County
DE SOTO
Listing
Name
Phone
(901) 355-2074
Office Name
Office Phone
(662) 349-5550
Agent Name
Donnie R Chambliss
Agency Phone
(662) 349-5550

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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.