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5982 West Farm Road 94
Springfield, MO 65803
$625,000
Conventional
Property
Bedroom
5
Bathroom
Full: 3
Property Type
Conventional
Square ft
3210 Square Feet
Property Description
This custom designed and recently built modern farmhouse is in the Willard School District! Everything from foundation to roof was finished in April '22 by Slominsky Construction. The property boasts a 2.42 acre lot with plenty of room for activities. As you pull down the drive, you'll notice the sharp lines that the new white batten board style siding offer, rustic wood beams, and modern darker shingles. Enter through the impressive front door to be blown away by the lovely formal dining room to your left and the beautiful kitchen just beyond. It features quartz countertops, Kitchen Aid appliances, gas range, and cabinets by Woodhouse. Down the hall you will find the master and spare bedroom. The hall bath features cultured marble countertops that also connect to the guest room via pocket door. The master is at the end of the hall and features a spacious bedroom with an exterior door to the back porch. The en suite is simply gorgeous with a stunning soaker tub and herringbone-tiled walk-in shower. There is also a double vanity with cultured marble counter tops, modern mirrors and lighting. As you enter the upstairs living area you will be amazed by the amount of open space and natural light that highlights the spaciousness. The other 3 bedrooms with ample closet space are located on this floor and one is very generously sized--the perfect space to banish kids or other family/friends to get them out of your hair for a while! All light fixtures are from the Lighthouse Gallery, and there is wall-to-wall low maintenance LVP throughout. Many of the finishes provided by National Home Products. Outside, you will find an oversized and covered back porch with awe-inspiring wooden beams. A great place to commune with nature, the back yard also has a brick paver patio, and pre-existing garden beds. The property also has a variety of trees, from recently planted pear, apple, and peach to mature walnut, maple, sycamore, and mulberry. Like new and with a beautiful view to boot
Property Information
Lot Size
2 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2022
MLS Number
--
Location
Address
5982 West Farm Road 94
City
Springfield
State
MO
Zip Code
65803
County
GREENE
Listing
Provider
EXP Realty LLC, original listing
Name
Phone
(417) 576-6699
Office Name
Office Phone
(866) 224-1761
Agent Name
Anthony E Carroll
Agency Phone
(866) 224-1761

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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.