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402 Grandview Drive
Rutherforton, NC 28139
Stephanie Wilson with EXP Realty LLC, original listing - (864) 574-6000
$435,000
Conventional
Property
Bedroom
3
Bathroom
Full: 2, ½: 1
Property Type
Conventional
Square ft
1857 Square Feet
Property Description
SELLER MOTIVATED! Home is move-in ready. Welcome to your dream home, a beautiful modern haven built in 2022, with numerous upgrades and thoughtful touches that make it truly one-of-a-kind. This stunning residence, set on a sprawling 7.33-acre property, is a perfect blend of comfort, convenience, and luxury, promising tranquility and charm in a prime location near Rutherfordton. This 3-bedroom, 2.5-bath home features an inviting office or flex room, providing versatile space to suit your needs. The upstairs loft area for additional living space is perfect fora cozy reading nook or a play area. The covered front porch provides a charming spot to relax and enjoy the serene surroundings. As you step inside, you'll notice the elegant hardwood floors that grace the main level, adding warmth and sophistication to the home. The home features a well-designed septic system with multiple access points, including the house, the finished shed with a laundry sink, an RV clean-out north of the house next to the rustic wooden fence, and another clean-out immediately next to the septic tank. RV tanks can be emptied through macerating pumps up to these clean-out locations. All appliances are included, making your move-in seamless. The refrigerator, stove, microwave, washer,and dryer are ready for use. The property also boasts a manual wooden gate mid-driveway, providing an added touch of security and privacy. A versatile shed, inspected for safety and finished with water, electrical, and air conditioning, serves as a perfect she shed, office, or studio space.This shed has its own dedicated electrical meter, which also powers the RV power/water pedestals, making it ideal for various uses. In the backyard, you'll find a charming cedar wood-finished greenhouse with functioning windows, perfect for gardening enthusiasts. The property shares a well with the neighboring property at 378. Legal documentation ensures a reliable and ample water supply for both homes, with no lapses in pressure or availability. The well taps into a healthy spring, guaranteeing fresh water.Natural features of the property include a power line easement located at the back property line, maintained yearly by the county, ensuring no interruptions to the natural beauty of the land. A picturesque, spring-fed creek is a serene natural feature. You can view the creek from the road or explore the overgrown driveway put in by the previous owners.The combined lots are total of 7.33 acres, providing ample space and privacy. The HOA allows farm animals, with restrictions on count per acre, making it perfect for those interested in a small farm or homestead. The recently added dehumidifier system in the crawlspace, installed by a local company and under warranty, ensures a dry and healthy living environment. Situated close to Rutherfordton, this property is simply the best of both worlds – peaceful country living with convenient access to stores, restaurants, and other amenities. This exceptional property is not just a house; it’s a lifestyle. Experience the perfect blend of modern amenities and natural beauty in a home designed for comfort and versatility. Don’t miss the opportunity to make this extraordinary property your own.
Property Information
Lot Size
7 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2022
MLS Number
--
Location
Address
402 Grandview Drive
City
Rutherforton
State
NC
Zip Code
28139
County
RUTHERFORD
Listing
Name
Phone
(828) 778-6222
Office Name
Office Phone
(864) 574-6000
Agent Name
Stephanie Wilson
Agency Phone
(888) 440-2798

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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.