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100f Mercedes Ct
Grandy, NC 27939
Allysa Miller with Keller Williams - Outer Banks, original listing - (252) 256-9661
$399,900
Conventional
Property
Bedroom
3
Bathroom
Full: 2
Property Type
Conventional
Square ft
1733 Square Feet
Property Description
Experience upscale southern living at this soundfront condominium in Villas at Waterside, Grandy. This top-level, end unit spans over 1,700 square feet, offering expansive water views and a blend of style and comfort with 3 bedrooms, 2 bathrooms, 9-foot ceilings, an open floor plan, quartz countertops, a gas fireplace, garage, and more. Originally the “model” in the gated Waterside Villages community, this private home stands out with unique features such as a double-sided gas fireplace, custom kitchen cabinetry, transom windows, and a large storage unit. Designed for versatility, the floor plan takes full advantage of views of the Currituck Sound and pond from the family room, dining room, and kitchen. The family and dining rooms, both with vaulted ceilings, are divided by an elegant double-sided fireplace, creating a warm, inviting ambiance. The kitchen, adorned with sleek white quartz countertops and a tiered island with casual seating, combines practicality with style. A covered porch serves as an ideal spot for sunrise views over the sound or entertaining guests. Adjacent to the kitchen, a California Closet-designed pantry closet provides discreet storage, alongside a full-size laundry area. A hall bathroom adds convenience for the two guest rooms, one of which includes a built-in Murphy bed, maximizing functionality for use as a home office or bonus room as needed. The spacious primary suite features a walk-in closet and a private bathroom with a custom-tiled shower and double vanity. Condominium living offers additional conveniences, such as a building elevator, trash chute, and a dedicated garage for this unit that accommodates two cars parked nose-to-nose. This property also includes an extra 6x10 storage room, a rare amenity in many condominium complexes. Waterside Villages provides an array of community amenities, complementing the serene soundfront location. Residents can enjoy a private marina, pier, and boat launch, clubhouse with gathering spaces and fitness equipment, a large outdoor pool, tennis and basketball courts, and an outdoor pavilion. Located just 20 minutes from the beach and 40 minutes from Chesapeake, this gated community combines the ease of condo living with a sense of privacy and waterfront beauty. Don’t miss the opportunity to enjoy the lifestyle, the views, and the amenities—make it yours!
Property Information
Lot Size
0 sqft square ft
Property Type
Residential-Condominium
Year Built
--
MLS Number
--
Location
Address
100F Mercedes Ct
City
Grandy
State
NC
Zip Code
27939
County
CURRITUCK
Listing
Provider
Keller Williams - Outer Banks, original listing
Name
Phone
(252) 489-7342
Office Name
Office Phone
(252) 256-9661
Agent Name
Allysa Miller
Agency Phone
(252) 256-9661

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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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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.