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522 Ne Weldy St
Chester, MT 59522
$385,000
Conventional
Property
Bedroom
4
Bathroom
3
Property Type
Conventional
Square ft
1920
Property Description
This exquisite home in Chester, Montana exudes a strong sense of pride of ownership. Boasting 3,840 square feet, 4 bedrooms, and 3 full bathrooms, the property has been meticulously maintained and updated to reflect a refined interior design in every room. The open floor plan seamlessly connects the kitchen, living room, and dining areas, creating a harmonious living space. Situated on nearly 2 acres, the residence includes a 2-car attached garage, a newer roof, a sprinkler system, and high-quality vinyl and engineered wood flooring among other notable enhancements. This inviting Hi-Line home offers a comfortable retreat that will make leaving it a challenge. Local Area Amid the wheat fields and the rolling plains is the small community of Chester, Montana. This north-central town lies halfway between Havre and Shelby on Highway 2 with the picturesque Sweet Grass Hills as a backdrop. In 1910 the town was incorporated after being named for the first telegraph operator's hometown in Pennsylvania. The small close-knit community is mostly comprised of farmers and ranchers as the area is a fertile part of the Golden Triangle. Learn more about the homesteaders at the Liberty County Museum and Liberty Village Arts Center & Gallery. Area Attractions Tiber Dam-Lake Elwell Hidden away like a prize just east of Shelby, Montana lies a versatile recreational area that provides a place to make golden memories and enjoy Montana scenery and leisure. Tiber Dam-Lake Elwell boasts year-round angling for Walleye, Northern and Sauger Pike, native Trout, Ling, Perch, and others. Try out bow fishing for carp that frequently exceed 20 pounds! Along with many campgrounds and picnicking areas, there are over 178 miles of shoreline to appease swimmers and boaters alike. Five well-maintained boat ramps make it convenient and easy to get your boat in the water. Take in the spectacular windblown sandstone formations and one of the largest earthen dikes in the world over three miles long! Relish in the surrounding area's excellent hunting for Mule and White-Tailed deer, antelope, upland game birds, waterfowl, and varmints. Birdwatching is a popular activity as well. Experience some of Montana's best at the Tiber Dam-Lake Elwell marina! Fishing the Marias River The Marias River gently meanders for more than 60 miles through the rolling prairie before it spills into Lake Elwell. It is marked by the soft shale and sandstone bluffs that flank the river. Both cold water and warm water species can be found here, but it is primarily a warm water fishery near Tiber Reservoir. Walleye is the most abundant game fish, and every summer, there is a fishing tournament to declare the best fisherman. Walleye use the upper portion of the Marias for spawning thus the population remains in the river throughout the summer. Cold-water game fish such as Rainbow Trout and mountain whitefish inhabit this portion of the Marias but are lower in numbers. Northern pike, yellow perch, and burbot are other fish species that anglers seek. The non-game fish that inhabit these waters include common carp, Flathead chub, lake chub, emerald shiner, fathead minnow, longnose dace, and Rocky Mountain sculpin. Sweet Grass Hills Located in north-central Montana along the Canadian border, the Sweet Grass Hills is an isolated mountain range that invites hiking and wildlife viewing of deer, antelope, elk, fox, golden eagles, and grouse! The Sweet Grass Hills are comprised of three buttes: the West Butte, Middle Butte, and East Butte. Hardly hills, these towering peaks reach 3,000' in elevation! The Hills are a result of igneous activity that occurred about 50 million years ago. Take the Sweet Grass Hills Backcountry Drive for 66 miles of remote and unique scenery.
Property Information
Lot Size
1 acre(s) square ft
Property Type
Other
Year Built
2010
MLS Number
11271001
Location
Address
522 NE Weldy St
City
Chester
State
MT
Zip Code
59522
County
LIBERTY
Listing
Provider
Corder and Associates, LLC, original listing
Name
Corder and Associates, LLC
Phone
(406) 622-3224
Office Name
Corder and Associates, LLC
Office Phone
(406) 622-3224
Agent Name
Trampus Corder

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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.