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12502 Liv 224
Chillicothe, MO 64601
$1,250,000
Conventional
Property
Bedroom
5
Bathroom
4
Property Type
Conventional
Square ft
5283
Property Description
Option 1: $1,250,000 - Custom Built House with 45.9+/- Acres Welcome to your dream property! This custom-built house, constructed in 2017, offers the perfect blend of modern comfort and rustic charm, nestled on a sprawling 45.9+/- acres of picturesque land. As you approach the property, you'll be greeted by the serene beauty of the surrounding landscape. The property boasts two open-ended barns, one equipped with power and a rock floor, providing ample storage for equipment or the potential for livestock. Additionally, a 5x10 fully insulated building with electricity offers endless possibilities for use, whether it be a workshop, studio, or extra storage space. For those with agricultural pursuits, the property features 2 ponds, three automatic waterers with power, ensuring convenience and efficiency for maintaining livestock. A cattle working facility complete with an alleyway system further enhances the functionality of the land. This exceptional property offers a rare opportunity to own your own slice of paradise, where luxury living meets the tranquility of rural life. Don't miss your chance to make this extraordinary estate your own! Option 2: $1,000,000 - Custom Built House with 20+/- Acres Experience the epitome of country living with this stunning property offering a custom-built house on 20+/- acres of scenic land. Situated in a peaceful rural setting, this meticulously crafted home exudes warmth and sophistication, providing the perfect retreat from the hustle and bustle of city life. Option 3: $850,000 - Custom Built House with 5+/- Acres Prepare to be captivated by a true architectural masterpiece! This custom-built luxury home, finished to perfection in 2017, is a showstopper like no other. Nestled on a sprawling 5-acre estate just minutes from town, this property boasts all the bells and whistles that will leave you in awe. With 5 bedrooms, all with walk-in closets, and 3 1/2 bathrooms, this home is designed for the most discerning buyer. The moment you step inside, you'll be greeted by the finest in craftsmanship and innovation. The main floor layout was thoughtfully designed with vaulted ceilings, stone fireplace, stone pillars, open floor plan and floor to ceiling windows that greet you with the peacefulness and serenity of the country! The kitchen draws your eyes to the knotty alder wood cabinetry, granite countertops covering an oversized island. A convection stove top, double-ovens, perfectly placed (for us vertically challenged) microwave, reverse osmosis water filter, under cabinet lighting and dreamy walk-in pantry! Accessibility and safety are paramount here, with a handicap-accessible main floor and a concrete safe room/storm shelter in the basement. Triple pane Pella windows, with foam insulated framework ensure energy efficiency and tranquility. The insulated main floor and basement floor provide sound deadening which is ideal for entertaining on either floor without interrupting others and/or living with kiddos. A cutting-edge geo-thermal 3-zone heating and cooling system makes this home even more efficient. The 3 zones include the (1)basement, (2)main level and (3)master wing... You read that correctly! The master WING has its own zone and thermostat that can control the entire house! LED lighting illuminates every corner of this home, while the outdoors shine with LED upward lighting and motion-activated lights, complemented by a front yard landscaping sprinkler system. Additional features continue to impress: a hybrid hot water heater, commercial-sized water softener, and reverse osmosis filtered drinking water to the main level fridge and wet bar in the basement. Enjoy the warmth and ambiance of a direct vent propane stone fireplace with matching stone columns. Practicality meets luxury with dual laundry hookups on the main level, energy recovery ventilators for fresh air circulation on each level, and full spray insulation throughout the home.
Property Information
Lot Size
45 acre(s) square ft
Property Type
Residential
Year Built
2017
MLS Number
11221824
Location
Address
12502 LIV 224
City
Chillicothe
State
MO
Zip Code
64601
County
LIVINGSTON
Listing
Provider
United Country Graham Agency, original listing
Name
United Country Graham Agency
Phone
(660) 247-7653
Office Name
Graham Agency LLC
Office Phone
(660) 247-7653
Agent Name
Ashley Gabrielson

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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.