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2207 East Farm Rd 188
Ozark, MO 65721
$349,900
Conventional
Property
Bedroom
4
Bathroom
3
Property Type
Conventional
Square ft
3025
Property Description
Immaculate 3000+ sq. foot home located on nearly an acre lot between Ozark & Springfield. Easy access to Hwy. 65 from Evans Rd. Pride of ownership is evident in this 4 BR, 3 BA, 2 LA home with basement. Newly painted exterior steel siding and shutters in 2020. Paved driveway was sealed in 2023. New spacious deck in 2015. Updates inside include: Tasteful interior paint in every room, door, and cabinet. New LVT flooring upstairs in 2022. New carpet in basement in 2024. All new baseboards. Updated tile in bathroom and new toilets in 2018. Lots of storage throughout. Updated kitchen includes: sink, faucets, countertops, subway tile backsplash, and all appliances. Current owner also added the laundry closet to the main floor, keeping the original hook-ups in the basement. Master Bedroom has large closet and en suite bath. Covered front porch faces the south and opens to the entry with ship board built in and coat closet. Enter the formal dining room to the left from glass french doors or go straight into the spacious living room with beamed cathedral ceilings and wood burning fireplace. The spacious 20'x12' back deck has entrances from the living room or the kitchen. Here you can relax and sip your morning coffee & watch the wild life from the wooded area directly behind the home. Owners are leaving the sun shade that can be attached in the heat of the day to make the deck covered. They are also leaving a brand new, never used, 2022 Westinghouse 12,500 V Generator. So private, but yet home is located within minutes from Lake Springfield & walking trails. The basement boasts another open living area with new carpet, wet bar, new pellet stove, 1 BA and 2 BRs. The huge lot borders a wooded area to the north and no neighbors to the west either. Nicely landscaped with new stone and bushes in the front. There is a small well house with storage and a great 10'X16' shed built in 2022 in back. If you want a well maintained home away from the city, then look no further.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1972
MLS Number
60267676
Location
Address
2207 East Farm Rd 188
City
Ozark
State
MO
Zip Code
65721
County
CHRISTIAN
Listing
Provider
Murney Associates, LLC, original listing
Name
Murney Associates, LLC
Phone
(417) 575-1205
Office Name
Murney Associates - Primrose
Office Phone
(417) 823-2300
Agent Name
Sherry K Charbonneau

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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.