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308 Hosley Ave
Tupper Lake, NY 12986
$325,000
Conventional
Property
Bedroom
3
Bathroom
2
Property Type
Conventional
Square ft
2816
Property Description
If you're looking for a move in ready home with a beautiful mountain view, 3 bedrooms, 2 bathrooms, a great room, a fenced in yard, a large attached garage, a spacious paved driveway, a swimming pool and a mother in law suite then look no further because this is the home for you! This home is within walking distance of the Wild Center Museum, the Elementary School, Stewarts and much more. The current owners made many improvements to the home. As you walk into the home you will find the second living room {which could also be an office} with a sliding glass door to the back deck. Then you will enter the very spacious great room with a vaulted ceiling, exposed beams and beautiful windows for lots of natural light. There is also a sliding glass door in the great room that leads out on the deck that spans the entire back of the home and has wonderful views of the mountains! Off the second living room you will also find the large kitchen/dining room with a breakfast bar area, stainless steal appliances, plenty of cabinets, recessed lighting above the countertops, a large pantry and an island. The appliances, the bar stools and the island {which was built by the owner} convey with the home. Also some other items throughout the home that were built by the owner will convey with the home. Off the kitchen is the spacious laundry room with a large closet. Then you will find the first bedroom with two closets. Then you will find the full bathroom and two more bedrooms. The oversized, attached 2 stall garage has a workshop area and can fit 3 cars if needed. Behind the garage you will find the mother in law suite or studio apartment. There is a kitchenette and a refrigerator, so you would just need to add a stove to have a full kitchen. There is a living room and bedroom area as well. There is a large bathroom with an oversized Jacuzzi bathtub with a shower. There is a sliding glass door in the kitchen that leads out to a patio area the width of the home. Most of the yard is fenced in with an area along the driveway that has a privacy fence. There is an above ground pool with a deck in the back yard and a flower bed area. This is a wonderful space to either have get togethers, BBQ's, pool parties or just relaxing on the large back deck with a cup of coffee while enjoying the lovely mountain views! There is a large, long shed next to the home and another shed in the back yard that convey with the home. The large paved driveway gives you plenty of space for parking. Schedule you showing soon to see this beautiful home!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1977
MLS Number
49258
Location
Address
308 Hosley Ave
City
Tupper Lake
State
NY
Zip Code
12986
County
FRANKLIN
Listing
Provider
Fiacco Realty, LLC, original listing
Name
Fiacco Realty, LLC
Phone
(315) 854-7529
Office Name
Fiacco Realty, LLC
Office Phone
(315) 854-7529
Agent Name
Amanda Fiacco

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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.