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39 Stable Hill
Kerhonkson, NY 12446
Jodee Keller with Amodio Real Estate & Prop, original listing - (845) 514-2669
$899,900
Conventional
Property
Bedroom
3
Bathroom
Full: 3
Property Type
Conventional
Square ft
2064 Square Feet
Property Description
Serenity found in Kerhonkson! Enjoy the fresh air as you take in the most scenic of country roads. Feel your stress instantly dissolve as you take in farms, pastures, and mountain vistas with soaring eagles overhead. It's what you've been dreaming about, a REAL HOME in the country!! This immaculate, solidly built house on 9.7 lush acres affords privacy and endless possibilities. Plus, an adjacent 2.0 acres parcel is being included as part of the sale price. As you drive up the road to the house, you'll appreciate the terraced long wooden fence creating an extra air of privacy and allure, leading to the driveway and garages. Walk up onto the huge covered front porch where there is plenty of seating for everyone. Step inside the front door and immediately notice the quality craftsmanship. To the left is the kitchen, with warm solid wood cabinets, granite counters and island. The is a large dining space between the kitchen and the back deck. Further left, beyond the dining table is a large addition that includes a second living room, bedroom, and full bathroom. This addition has its own front entrance. The addition can be closed off from the dining area by sliding French doors. To the right of the front door and second floor's stairs is the inviting living room. It has a lovely stone fireplace and mini split. To the back, you'll love the nicest screened in porch you have ever seen. It has a second access door from the outside. There is a peekaboo view looking towards the ridge with potential for more with some clearing of trees. Windows everywhere to let nature in, and well-maintained shiny wood floors throughout, with wide plank flooring throughout the second floor. Upstairs there are 2 bedrooms, a full bathroom and an office space that could be used for the remote worker. There are multiple outbuildings, barns and sheds along with the car garage that has a loft space. A vegetable garden and pond can be enjoyed in your daily fresh air routine. Across the driveway is a pasture that has tons of potential and includes an older 2 story barn. Also, check out the basement! Can be accessed from kitchen or outside below. Be sure not to miss all the finished spaces, and huge unfinished storage areas. Just beyond the exercise room is the laundry area. To the left go down some steps past the wood furnace and find a wonderful extra finished room with a kitchenette and more! This room also has a door taking you to the backyard garden. Three ways to heat this house, 2 wood stoves, 3 heat/ac splits or baseboards using Oil. You choose! It's a warm and cozy experience that you will love. Walk the trails and see frogs and salamanders. Watch young bucks grazing in the fields. Or take a walk down the bottom of the road to Wightman fruit farm. This house is perfect for friends and family to enjoy sharing good times in well-proportioned common spaces and still find quiet spots to snuggle up. Would be great for multi-generational living due to the addition on the main level with its own entrance plus the basement space.
Property Information
Lot Size
9 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1972
MLS Number
--
Location
Address
39 Stable Hill
City
Kerhonkson
State
NY
Zip Code
12446
County
ULSTER
Listing
Provider
Amodio Real Estate & Prop, original listing
Name
Phone
(914) 388-1588
Office Name
Office Phone
(845) 514-2669
Agent Name
Jodee Keller
Agency Phone
(845) 514-2669

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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.