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496 Mountain View Avenue
Hurley, NY 12443
Alex Stier with Keller Williams Realty HV Nort, original listing - (845) 481-2700
$975,000
Conventional
Property
Bedroom
4
Bathroom
Full: 2, ½: 1
Property Type
Conventional
Square ft
3176 Square Feet
Property Description
Escape to the tranquility of sought-after Historic Hurley in Ulster County with this captivating home nestled on a serene .57 acre lot. Located in a peaceful, quiet neighborhood, this property offers the perfect retreat while still being convenient to Kingston & the famous Waterfront District, Woodstock, New Paltz, The Hurley Rail Trail, Skiing in the Catskills, the Hudson River and the NYS Thruway. Built in 1987 by a skilled contractor, this unique residence spans an impressive 3176 square feet, boasting 4 bedrooms and two and a half baths. The thoughtful design and meticulous craftsmanship are evident throughout, offering both functionality and charm. As you step inside, you're greeted by a warm and inviting atmosphere, with ample natural light streaming through the windows and illuminating the spacious living areas. The heart of the home is the well-appointed kitchen, featuring modern appliances, plenty of cabinet space, and a convenient peninsula - perfect for serving, gatherings or casual meals. A convenient ½ bath is close by which also houses the newer Maytag washer and dryer. The eat-in kitchen opens to a covered screened porch and BBQ area. But perhaps the most impressive feature on this level is the copper-ceiling foyer, with French Doors that leads into the dual multi-level expansive Great Rooms, featuring a brick working fireplace, high vaulted ceilings, special lighting and unique ceiling fans. The Main Level also includes a formal living room and elegant dining room for hosting dinner parties. The Upper Level includes a primary suite with an ensuite full bath and ample closet space. The large guest bedroom with newly installed 3/4'' oak hardwood flooring has private access to the main bath for guest privacy along with a separate opening onto the reading balcony overlooking the great rooms. Two other bedrooms complete this upper level. The additional, totally unique feature of this home is the expansive walk-out basement, spanning approx. 2,000 square feet and boasting two 16-foot garage areas - a dream space for hobbyists, car enthusiasts, or anyone in need of ample storage or workshop space. This Walk-in lower level is equipped with two automatic 16-foot insulated garage doors, one of which features a 10x16 foot Sunsetter retractable awning. One bay is currently equipped with a heavy-duty electric automotive lift, available for purchase with the property. There is an attached single bay area and a separate mechanical area housing a monitored security systems with glass breakage, temperature, and other alarm features. The mechanical room setup includes a 200-amp electrical service with a 6500 Watt generator and a separate garage subpanel. The in-basement oil tanks, dual furnaces, water softener, water filter, and four mini-splits round out some of well-maintained items. All mechanicals have been professionally serviced annually, along with recent septic pumping have been performed. Water is supplied by Rolling Meadows Water Corporation. Outside, the landscaped yard offers a peaceful oasis for outdoor enjoyment, with plenty of space for gardening & soaking in the natural beauty of the surroundings. The driveway is complete with 2 storage sheds and a blacktopped circular driveway including a 25' x 15' outdoor covered parking area. There is an additional driveway for extra vehicle or trailer parking. Don't miss your chance to own this one-of-a-kind home in a coveted Hurley location. Schedule a showing today and experience the best of country living with all the conveniences of modern amenities just minutes away.
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1987
MLS Number
--
Location
Address
496 Mountain View Avenue
City
Hurley
State
NY
Zip Code
12443
County
ULSTER
Listing
Name
Phone
(518) 281-8700
Office Name
Office Phone
(845) 481-2700
Agent Name
Alex Stier
Agency Phone
(845) 481-2700

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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.