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14 Linden Farm Lane
Red Hook, NY 12571
$975,000
Conventional
Property
Bedroom
8
Bathroom
Full: 1, ½: 1
Property Type
Conventional
Square ft
4875 Square Feet
Property Description
Discover the historic charm of 14 Linden Farm Lane, a stately mansion built in 1875. This grand and gracious residence offers a unique opportunity for its next generation to update and modernize; unlocking its full potential. The home's Second Empire architecture greets you from the moment you arrive, with a tree-lined drive leading to its signature mansard roof and intricate bracketed cornices. A central rectangular tower adds to the distinguished exterior, recalling the sophistication of its era. Step through the original double front doors into living spaces flooded with natural light, thanks to oversized windows that frame stunning views of surrounding farmland. Period details abound, including intricate moldings, hardwood floors, marble fireplaces, and French doors, all of which are well-preserved. The kitchen and two full bathrooms, while fully functional, are ready for updates to make this extraordinary period home contemporary. A grand staircase leads to the second floor, where three bedrooms offer comfortable, spacious retreats. Here, too, natural light flows through large windows. There's a reading nook on the landing and even the wide corridor offers a spot to sit and enjoy the view. The third story, an untouched time capsule from the late 19th century, features five bedrooms with original wallpaper, period lighting fixtures, and marble sinks in each room. This level has never been renovated, presenting a rare opportunity for restoration enthusiasts to preserve or modernize as desired. A staircase leading to the cupola with 360-degree views tops it all off. Outside, a wrap-around porch envelops the home on three sides, providing a tranquil space to take in the views of the expansive grounds and farmlands beyond. 14 Linden Farm Lane is a remarkable piece of history, blending historic elegance with endless potential. With a little care and creativity, this home could be transformed into a masterpiece that preserves the best of its past while embracing modern living.
Property Information
Lot Size
3 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1856
MLS Number
--
Location
Address
14 Linden Farm Lane
City
Red Hook
State
NY
Zip Code
12571
County
DUTCHESS
Listing
Provider
BHHS HUDSON VALLEY PROP-R, original listing
Name
Phone
(845) 876-8600
Office Name
Office Phone
(845) 876-8600
Agent Name
Patricia Dantzic
Agency Phone
(845) 876-8600

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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.