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547 W. 8th St.
Long Pine, NE 69217
April Good with Lashley Land and Recreational Brokers, original listing - (308) 532-9300
$299,000
Conventional
Property
Bedroom
3
Bathroom
Full: 2, ½: 1
Property Type
Conventional
Square ft
1344 Square Feet
Property Description
Are you looking for the feel of an ACREAGE with the utilities and amenities of town. This large lot is complete with underground sprinklers to ease your workload. The lawn was mulched in 2024 to create curb appeal and make the weed eating nearly a thing of the past. This home was purchased in 2019 as a well-kept, dated home. The owner bought it with the intention of bringing it back to life with updated features that DO NOT DISAPPOINT!! DUCT WORK was added to the home in 2019, in addition to a NEW Heat Pump and NEW Air Conditioning system providing comfortable living spaces on the main floor as well as the basement. INSULATION was added above the house and garage to bring the home up to current standards. The rim joists were fully insulated to keep the basement warm as well as the main floor above. GUTTERS, SOFFIT and FASCIA were replaced in 2021. At that time increased attic ventilation was installed. A new 1,500+ square foot, wheel chair accessible PATIO was poured in 2022 providing a large venue to host a gathering or enjoy the private back yard. In addition, a 12x16 patio was added to the shed to add another private space. LED flood lights over the patio are great to keep the party going well into the dark. WOOD FIREPLACE professionally cleaned and checked in 2023. In May 2023, the area received a hail storm that damaged the original siding, doors , windows and the existing roof. The ROOF was replaced at that time with impact resistant 30 year asphalt shingles with a transferable 10 year work warranty. The decking was replaced on the outbuilding as well. The home and outbuilding were WRAPPED and New Diamond Kote CEMENT BOARD SIDING installed in 2024 with a transferable 30 year manufacturer warranty. The gutters and fascia were again replaced in 2024 on the house. Soffit, fascia and gutters will be installed on the outbuilding for closing. EVERY exterior DOOR was replaced (including the house/garage) with THERMA TRU that are rated to the Nebraska Weather. They include privacy blinds in the glass for easy maintenance. New PELLA windows were installed in every window in 2024. The picture window has interior blinds and large side windows to enjoy the breeze while overlooking the wide open views. New LVP flooring in 2024 in the kitchen, hall, and living room. New LVP in the bedrooms in 2020. New carpet in the downstairs family room in 2024. New flooring in the bathrooms in 2020. The sprinklers were mainly kept off with the 2024 construction following the 2023 hail storm. Photos of previous years with the green grass are also shown. This yard is usually referred to as a park having green grass and landscaped with easy care perennial flowers, fruit bearing trees and maple trees have been planted for the future of front yard. There is still plenty of space to add a bonus shed to the front or back yard or enjoy that game of football at a holiday event. There is alley access. Both parcels have been surveyed. No costs were spared in the updated kitchen. Insulated sink, new garbage disposal, pull out drawers and 2 pantries make this a user friendly kitchen with lots of storage. Still to come are the professionally custom built cupboards above the stove with a built in microwave with fan/light and the light above the sink. You can choose the style if you close now! Large master bedroom with master bath. Nice sized coat and bedroom closets in each room. Two living rooms plus a huge space for a game room or a place for the kids to burn off energy make the house open and inviting. The basement is dry and has a large storage room that is currently a non-conforming bedroom with a closet. A toilet, plumbing for a walk in shower (wood stacked on floor) and a sink were added to the laundry room in 2024. All electric home with utilities under $200 monthly! Who knows how low it will go with the new doors, windows, wrap and siding in 2024! The attached 2 car garage is insulated. New Overhead brands doors that have Wi-Fi and motion sensing lights were installed in 2024. A 12x16 INSULATED building with electricity and a large patio that could easily be converted to a HOME OFFICE that would keep your home private. Therma Tru door and Pella window new in 2024. Soffit and gutters will be installed for closing. The owner will find suitable housing before closing. Legal Description: 0 30 20 Andrew Lowes Blk 2 PT. of Lots 1 Thru 5 Lying South & East of Roadway & 0 30 20 Kyners 2nd Sub Blk 5 All of E1/2 Blk Exc S.140 Long Pine Taxes: $1,712.04 Address: 547 W. 8th St., Long Pine, NE 69217 County: Brown
Property Information
Lot Size
1 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1976
MLS Number
--
Location
Address
547 W. 8th St.
City
Long Pine
State
NE
Zip Code
69217
County
BROWN
Listing
Provider
Lashley Land and Recreational Brokers, original listing
Name
Phone
(308) 532-9300
Office Name
Office Phone
(308) 532-9300
Agent Name
April Good
Agency Phone
(308) 532-9300

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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.