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150 Blenheim Hill Road
Jefferson, NY 12093
Hillary Kolos with Compass Greater NY, LLC, original listing - (838) 877-8283
$499,000
Conventional
Property
Bedroom
3
Bathroom
Full: 3
Property Type
Conventional
Square ft
2800 Square Feet
Property Description
This thoughtfully restored, historic 1800s church, set amidst the rolling farmland of the Northern Catskills, is now a one-of-a-kind three-bedroom residence. All original woodwork and details that could be saved have been preserved and are balanced with modern conveniences. The soaring entryway welcomes you in under the rebuilt steeple and leads into the former sanctuary- now the open concept living room and kitchen. This impressive room is perfect for entertaining with its cathedral ceiling and original stained-glass windows, wood flooring, and wainscoting. The 11-foot kitchen island—custom built from the 170-year-old, old growth cherry wood of the original ceiling beams—will no doubt be the heart of this home. No expense was spared with kitchen amenities including a 36-inch Forno chef range, Bosch dishwasher, Liebherr fridge, pot filler and custom Hauslane range hood. The original four panel wood doors to the former rectory now lead to an impressive dining room (or studio) with incredible light, restored flooring, and a generous amount of space for dinner parties or creative pursuits. Downstairs, three sunny bedrooms include a primary with space for a king-sized bed, as well as a walk-through closet and ensuite bath. There is also a coffee bar, extra living room, storage and utility closets, and washer/dryer hook up. Light pours through the 14 windows surrounding this level and almost every aspect is newly built. Other improvements include new septic, electrical, and plumbing; new on-demand tankless boiler; new exterior French drain and basement waterproofing; new flooring; 18 new structural posts on the lower level; new egress windows; and more. Located between the quintessential Catskill villages of Jefferson and Stamford—and not far from other great towns like Roxbury, Bovina and Margaretville—this home is also close to incredible access to nature including the Schoharie Creek, Mine Kill State Park, and local farmstands. It is also less than 40 mins from three ski mountains—Hunter, Windham and Plattekill—and 2 hours and 45 mins to the GWB in NYC.
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1834
MLS Number
--
Location
Address
150 Blenheim Hill Road
City
Jefferson
State
NY
Zip Code
12093
County
SCHOHARIE
Listing
Name
Phone
(838) 877-2247
Office Name
Office Phone
(838) 877-8283
Agent Name
Hillary Kolos
Agency Phone
(838) 877-8283

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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.