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153 St.lawrence Avenue
Waddington, NY 13694
Jill Michno with Fiacco Realty, LLC, original listing - (315) 854-7529
$369,900
Conventional
Property
Bedroom
3
Bathroom
Full: 1, ½: 1
Property Type
Conventional
Square ft
1722 Square Feet
Property Description
Welcome to this beautiful St. Lawrence River waterfront property in the village of Waddington. Newly remodeled and freshly painted, just waiting for its new owner! The blue vinyl siding adds to its charm. This property backs up to the village walking path and has access to the NYPA owned waterfront just across the path! The owners are leaving their newer dock for its next owner to enjoy the gorgeous St. Lawrence River! Formally a 2 bedroom, the owners have turned it into 3 bedrooms all located upstairs with its remodeled full bathroom. The home has a lovely modern kitchen with quartz countertops and stove backsplash. The dining space flows seamlessly from the kitchen and has views out to the deck and river. All of the appliances and dining furniture convey. There is a half bath on the main floor as well as a designated laundry room utility space. As you walk into the spacious living area, you will be greeted by the huge windows and glass doors leading to the large multi level deck facing the river. All of the furniture in this area is conveying with the sale as well as the bar height chairs on the deck! This is the room for entertaining, with a dry bar, bar fridge, and a Vermont Casting gas stove for those chilly nights! You will love the gorgeous deck with its nautical theme perfect for watching the ships go by and the beautiful St. Lawrence River sunsets. The basement is dry and has a sump pump and plenty of storage. The furnace was installed in 2011. The home has a 1 car attached garage and lovely front porch and landscaping. Enjoy everything the village has to offer and be close to the action. Close to both international bridges to Cananda, the Adirondacks and more! Call a realtor for a tour of this property before its gone!
Property Information
Lot Size
0 sqft square ft
Property Type
Residential-Single Family Residence
Year Built
1910
MLS Number
--
Location
Address
153 St.Lawrence Avenue
City
Waddington
State
NY
Zip Code
13694
County
SAINT LAWRENCE
Listing
Name
Phone
(315) 528-7803
Office Name
Office Phone
(315) 854-7529
Agent Name
Jill Michno
Agency Phone
(315) 854-7529

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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.