Information You MUST be pre-qualified before buying a Home.
Get pre-qualified by filling out our easy, 3 step form!
490 Flanagan Road
Henderson, NC 27537
$629,000
Conventional
Property
Bedroom
3
Bathroom
4
Property Type
Conventional
Square ft
2458
Property Description
Sitting on the Kerr Lake waterfront, this beautifully renovated 3-bedroom, 3.5 bath home is your retreat from the busyness of the day to day. Inviting you to chill and relax, the expansive deck, fire pit, and private boat dock are waiting for you to enjoy warm sunny days and crisp autumn evenings, while the finished basement—equipped with a game room, bar, and theater—is ready for anything from entertainment on cool, rainy days to get-togethers for the big game. The home is situated on more than an acre of partially wooded, lakefront land and offers wooded and water views from the living room, deck, and all of the bedrooms. As you enter the home on the main floor, you're greeted by an open kitchen and airy living room. The kitchen features a subway tile backsplash, a large island, luxury vinyl plank flooring, and gorgeous countertops and is perfect for casual weeknight dinners, entertaining a crowd, or simply enjoying a warm cup of coffee in the morning. The living room is flooded with natural light, giving it a lofty, light-hearted feel and a sense of continuity as it opens to the expansive deck. With plenty of space for seating and outdoor cooking, the partially-covered deck is perfect for relaxing after a day spent on the water or for hosting summertime cookouts. Back inside, off of the dining area you'll find the large laundry room, a half bath, and the beautiful primary suite, featuring multiple closets, a dual vanity in the en suite, and—best of all—private access to the spacious deck. Upstairs, you'll find two bedrooms, separated by a full bathroom and a landing that could serve as a play area or additional storage space. Both bedrooms feature dual closets, access to attic storage, and dormer windows that provide views of the woods and the lake beyond, as well as the perfect spaces for cozy reading nooks. The finished walk-in basement is an absolute gem. With luxury vinyl plank flooring and accented with staggered shiplap wainscoting, the expansive game room has a pool table with plenty of space to spare for board gaming or poker night. The wet bar features custom concrete counters, a kegerator and tap, space for a wine chiller, cabinet storage, and seating space that faces the screen in the home theater. The theater, complete with projector, is ideal for watching the big game or streaming that new Netflix series everyone's been raving about. Complete with a full bathroom, the finished basement is the hub for indoor fun and entertainment. Full basement and deck expansion were made without a permit to code.
Property Information
Lot Size
1 acre(s) square ft
Property Type
Residential
Year Built
2007
MLS Number
10022199
Location
Address
490 Flanagan Road
City
Henderson
State
NC
Zip Code
27537
County
VANCE
Listing
Provider
Berkshire Hathaway HomeServices York Simpson Under, original listing
Name
Berkshire Hathaway HomeServices York Simpson Under
Phone
(888) 778-2276
Office Name
Berkshire Hathaway HomeService
Office Phone
(888) 778-2276
Agent Name
Emily Godrich

Local Real Estate Expert

Real Estate Expert Photo for Laurie Donofrio
Laurie Donofrio
Coldwell Banker Advantage
Call Today!: (919) 612-8080

USHUD.com on the Go!

Foreclosure Mobile App
Ushud Foreclosure iPhone App
Ushud Foreclosure Android App

HUD Foreclosures
Free Foreclosure Listings
Foreclosure Listings Increasing

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.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

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.