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11 Kirby Lane
High Falls, NY 12440
$725,000
Conventional
Property
Bedroom
3
Bathroom
3
Property Type
Conventional
Square ft
2308
Property Description
*Open House 2/18/24 11-1 Welcome to 11 Kirby Lane in High Falls! First time on the market since it was lovingly built by a fine wood-working craftsman in 1985! A sprawling, one-level, 3 bed, 3 bath ranch, situated on 4 park-like acres, includes two adjoining lots, surrounded by woodlands and is accessed by a private road. Enter the house via a charming, covered porch with intimate sitting area from which to enjoy the front lawn and mature plantings and woods. Unique, Italian-tile foyer floor leads to a French-door entry to living room with large, built-in, custom cabinet, original paneled wall and generous hearth with wood-burning fireplace. The adjacent, formal dining room is flooded with light via an oversized bow window, and can easily accommodate ten for sit-down gatherings. The eat-in kitchen features a skylight, closet pantry, custom, hardwood cabinets, hutch and island with five-burner cooktop and ceiling exhaust hood, double wall ovens with adjacent laundry room. The bedroom wing features three generous bedrooms all with abundant closets and one full bath, plus an en-suite primary bath. The 20x20, paneled, bonus room, off of the dining room is a perfect gathering space with access to the custom deck and features a free-standing wood stove and high ceilings with exposed beams. A full bath, perfect for visitors completes the layout. This area could be, with proper permitting an accessory apartment or mother- daughter set up with separate entrance. While not ADA compliant, this home is fairly user-friendly to the mobility impaired, with an extra-wide hallway to access bedrooms and a step in shower in the primary and there are no door saddles. Enjoy inside access to an oversized, two-car garage with ample room for storage, workshop and pull down stairs for large attic access.The full basement of 2300 sq. ft. is a hobbyist’s dream or perfect recreational space with exterior access. A large fenced-in garden with defined beds and trellises off the garage provides a place for home grown flowers and produce. Abundant storage throughout. Period architectural details abound in this charming, one-of-a-kind, mid-mod ranch. New roof and gutters 2022. Exterior and interior painting 2023. New laminate floors throughout 2023. Generator hookup. Location, location, location. Secluded yet convenient, 11 Kirby Lane is centrally situated to all area services including shops in Stone Ridge, High Falls and Accord; recreation in the Gunks, rail trails, Catskills and Hudson River as well as Arrowood Brewery, Innes, and Westwind and Stone Ridge Orchards. Property includes two adjacent lots 2.40 with house 77.2-2-9.210 and 1.6 with adjoining lot 77.2-2-9.115. Road maintenance agreement in place. Entry off of County Route 6/Kyserike Road. 11 Kirby is waiting for its next chapter to begin!
Property Information
Lot Size
4 acre(s) square ft
Property Type
Residential
Year Built
1985
MLS Number
20233396
Location
Address
11 Kirby Lane
City
High Falls
State
NY
Zip Code
12440
County
ULSTER
Listing
Provider
Halter Associates Realty, original listing
Name
Halter Associates Realty
Phone
(845) 331-3110
Office Name
Halter Associates Realty
Office Phone
(845) 331-3110
Agent Name
Pamela Hoveling

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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.