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11 Sudbury Square
Colonie, NY 12110
$619,000
Conventional
Property
Bedroom
2
Bathroom
3
Property Type
Conventional
Square ft
2340
Property Description
Welcome to his beautiful 2 bedroom, 2.5 bath custom townhome with a 2-car attached garage in the Village at Shaker Creek! Enjoy maintenance free living at this gated community in the heart of Latham! Close proximity to I-87 for an easy drive to downtown Albany, SUNY, State Office Campus and Saratoga! As the model home by Viscusi Builders, this townhome was loaded with initial upgrades with many additional custom features added by the owner, and this Abbott floor plan is the only one in the community! Building features include brick and fiber cement siding exterior, Andersen double pane windows, a lifetime architectural shingle roof, and a private, gated paver patio. Step inside to the bright, open floor plan with hickory engineered wood floors throughout the main living areas, 5? crown molding, 10 ft ceilings on 1st floor with an impressive 18 ft ceiling in 2-story family room! There is a deep coat closet for storage as well. The living room features recessed lighting, and the library/office was enclosed and updated with French doors and a transom window. This space also features recessed lighting, custom wainscoting and added wallpaper above the trim rail. The dining room is set apart by custom columns and features custom wainscoting, added wallpaper above the trim rail, and a custom coffered ceiling and new chandelier. The eat-in kitchen features Schrock cabinets with soft closing drawers/doors, ceramic tile backsplash, quartz counters, a pantry closet, and recessed and under cabinet lighting. The owner added the wall of narrow upper and lower cabinets, newer pendant lights, a newer sink, and updated the Samsung gas range with electric oven in 2021. The disposal and JennAir refrigerator, microwave, and dishwasher are also included. The kitchen has an open view to the 2-story family room with floor-to-ceiling stone accent at the gas fireplace also with an additional blower added. The lower windows in the fam rm have remote-controlled shades. Off the back hallway is the entrance to the paver patio, the half bath with custom wallpaper and ceramic tile flooring, and the laundry room with ceramic tile flooring and built-in cabinets; the Maytag washer and electric dryer are included, and the dryer vent was just cleaned. The mechanical room is off the laundry room with the Navien tankless natural gas water heater and the Amana natural gas furnace for the 2-zoned, hot air heat. The furnace and A/C are both serviced 2x/year. There is a coat closet near the entrance to the garage which features a ceiling rack, a wall of added storage cabinets, and extra outlets were added in 2023 including an outlet for charging an electric or hybrid vehicle. The open staircase features oak treads with a runner, iron spindles, partial custom wainscoting, added custom wallpaper, and wall lighting. The curved-rail landing at the top of the staircase has an open view to the family room and features recessed lighting and the hickory engineered wood floors that continue into the primary bedroom. The primary bedroom also features recessed lighting, cordless room darkening shades, and a walk-in closet with built-ins and an attic hatch. The primary full bathroom features upgraded tile flooring and in the shower also with a glass door, a water closet, double sink vanity with granite counter, cordless shade, and a linen closet. Bedroom 2 features neutral carpeting, overhead lighting, cordless room darkening shades, and a double door closet. The full bathroom features a tub/shower with glass sliding door, single sink vanity with a granite counter, and ceramic tile flooring. There is a hallway linen closet. All baths were painted with bathroom-specific paint. There is nothing to do but move in and enjoy your new home!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2016
MLS Number
202416388
Location
Address
11 Sudbury Square
City
Colonie
State
NY
Zip Code
12110
County
ALBANY (NORTH)
Listing
Provider
Keller Williams Realty Capital District, original listing
Name
Keller Williams Realty Capital District
Phone
(518) 724-5800
Office Name
Keller Williams Capital Dist
Office Phone
(151) 872-4580 x0
Agent Name
Diane Sluus

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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.