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55 Whitlock Ave
Staten Island, NY 10304
Kristina Gershteyn with ROBERT DEFALCO REALTY INC, original listing - (718) 987-7900
$3,199,000
Conventional
Property
Bedroom
6
Bathroom
Full: 5, ½: 2
Property Type
Conventional
Square ft
5490 Square Feet
Property Description
Welcome to 55 Whitlock Avenue, the ultimate piece of luxury, tranquility, and privacy, located in the heart of the prestigious Todt Hill neighborhood. Custom built by the current owner and situated on over 1/3 of an acre, this home offers a unique opportunity to experience true Todt Hill living. The stone and stucco exterior provides impressive curb appeal and is accentuated by over 50 Anderson windows throughout the home. Upon entering, you're greeted by a double height foyer and a beautifully curved, two level continuous circular staircase. An oversized arched window is situated above the entryway door, ensuring a plethora of sunlight pooling into the home. Next to the foyer is a spacious half bathroom with wainscoting, and the classic and timeless study. This exquisite space features rich oak flooring, walls, and custom built-in shelving, as well as double French doors and a direct, private exit. The formal living room features a wood burning fireplace, and double sliding door access into the dining room. With wood flooring and picturesque windows, the dining room is perfect for hosting family gatherings. The eat-in kitchen features granite countertops, tile backsplash, a sizable island with a second sink and stool seating, and a built-in wine refrigerator. Step down into the great room which is over 600 square feet, featuring a row of beautifully arched windows, coffered ceilings, and a gas fireplace. Upstairs you will find 6 sizable bedroom suites with full bathrooms and spacious closets, designed for comfort and privacy. A unique feature of this home is that several of the suites feature private balconies, extending your living space to the outdoors-ideal for morning coffee or peaceful evenings. The primary suite is the most impressive of the bedrooms with two walk-in closets, a private balcony, a gas fireplace, and a large bathroom featuring double vanity sinks, a newly updated glass door shower, and a bathtub. The finished basement offers an additional 1,500 square feet of open space for you to alter to your needs. A half bathroom, built in bar, and a billiards area are a few of the highlights. The basement also grants access to the home's four car garage. The stunning backyard is a truly special part of this home. With a screened in porch, new skylight windows, an expansive 50 foot long deck, and an elevated gunite kidney shaped pool, you'll always feel like you're on a relaxing vacation. Upgrades made to the home within the past year include a brand new roof, complete new four zone central air conditioning system, and a new pool filter. 55 Whitlock Avenue has also been the winner of four Chamber of Commerce building awards including interior and exterior design and natural beauty. Located adjacent to The Richmond County Country Club & Golf Course and surrounded by Greenbelt land, which can not be built on, the meticulously landscaped grounds offer a perfect blend of beauty and seclusion. With easy proximity to the member's only golf course, this home is a golfer's paradise, yet it remains a peaceful haven with mature trees and strategic landscaping providing the utmost privacy. This is more than a home; it's a lifestyle, offering the perfect blend of luxury, comfort, and exclusivity. Don't miss the opportunity to make this extraordinary estate your own. Call to make your appointment today.
Property Information
Lot Size
0 sqft square ft
Property Type
Residential-Single Family Residence
Year Built
1991
MLS Number
--
Location
Address
55 Whitlock Ave
City
Staten Island
State
NY
Zip Code
10304
County
RICHMOND
Listing
Provider
ROBERT DEFALCO REALTY INC, original listing
Name
Phone
(917) 363-1508
Office Name
Office Phone
(718) 987-7900
Agent Name
Kristina Gershteyn
Agency Phone
(718) 987-7900

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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.