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1610 Rogers Pointe Lane
Creedmoor, NC 27522
Phillip Scott with Nc Land and Farms Inc, original listing - (704) 650-6258
$320,000
Conventional
Property
Bedroom
3
Bathroom
Full: 2
Property Type
Conventional
Square ft
1423 Square Feet
Property Description
Located in the southwest corner of Granville County, in the town of Butner, is a well-maintained three bedroom, two bathroom ranch home just waiting for new owners! Built in 2000, the 1423 square foot home sits on approximately .29 acres in the Rogers Pointe subdivision. With a fresh coat of paint throughout and new shingles installed in 2024, this home features many desirable characteristics. A custom front door that opens into an inviting foyer that allows access to the kitchen, living room or hallways. The kitchen offers PLENTY of cabinet space with the stove, refrigerator and microwave to convey with the sale. It also has two lazy susan cabinets to allow for even more storage space. In the living room, you will find a vaulted ceiling that gives off a very spacious vibe. Sitting by the warm fireplace would make for a cozy setting on those cold winter nights. The sizeable master bedroom features a large master bathroom, walk-in closet and access to the back deck. The master bathroom has several desired amenities such as a double vanity, walk-shower and a large garden tub to relax in after a long day at the office. The comfortable feel of the front porch and the spacious back deck give way to plenty of options for enjoying time outdoors. A nice seasonal creek flows through the backyard with several mature hardwoods that will allow you enjoy the scenic views of nature. Location, location, location- this property is situated in the middle of just about all the amenities you could ask for whether it's a gas stations, restaurants or even hardware stores. Driving distances to Durham and Raleigh are a breeze with I-85 not even three minutes away. There are also several lake recreational areas to enjoy that are ''right around the corner''. Lake Rogers Park (https://www.cityofcreedmoor.org/departments/recreation/parks-facilities/lake-rogers-park) is located only five minutes away offering shelter areas for picnics and john boat and aquacycle rentals,. Falls Lake State Recreational Park (https://www.ncparks.gov/state-parks/falls-lake-state-recreation-area) is also a close fifteen minute drive, giving you many options for outdoor enjoyment. Restrictive Covenants to Preserve Value: - Property shall be used for single family residential purposes only -No residence or other building shall be erected within 20 feet of any front property line, rear property line, nor within 10 feet of any interior property line -No noxious or offensive activity that may be a nuisance to the neighborhood -No dumping shall be permitted, and garbage must be kept in containers concealed from public view -No trucks or commercial vehicles more than ¾ ton shall be parked in lots -Boats and recreational vehicles shall be parked in a manner as not seen from the street - No inoperable or junk vehicles located on the property * Please see the Restrictive Covenant Document for entire list Things to Know: - HOA fee is $180 annually - 5G LTE service confirmed with Verizon - Public water and sewer - Spectrum Internet - Zoning is town of Butner even though 911 address shows Creedmoor - ADT Security is currently installed School Districts: - South Granville High School 9-12 is 2.6 miles away - G C Hawley Middle School 6-8 is 3.3 miles away - Creedmoor Elementary School PK-5 is 2.4 miles away
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2000
MLS Number
--
Location
Address
1610 Rogers Pointe Lane
City
Creedmoor
State
NC
Zip Code
27522
County
GRANVILLE
Listing
Name
Phone
(336) 263-7935
Office Name
Office Phone
(704) 650-6258
Agent Name
Phillip Scott
Agency Phone
(704) 650-6258

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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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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.