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0 Long Ridge Road
Plymouth, NC 27962
Chase Furlough with Mossy Oak Properties Land and Farms, original listing - (252) 480-5263
$449,900
Conventional
Property
Bedroom
--
Bathroom
--
Property Type
Conventional
Square ft
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Property Description
Have you been in the market for a large tract of land that is completely set up for you to immediately walk on and have a well laid out and maintained hunting property? This versatile, creek-front, property is just that! Thousands of feet of creek frontage, established foot plots, dozens of planted oaks and fruit trees, well maintained roads, strategically set up box stands, and SO much more! Call today for your private tour of this beautiful and producing hunting property! 88.74 acres in Washington County NC that includes timberland (planted pines), almost 5 acres of food-plots that are completely serviceable with large equipment, recreational opportunities, and would even be a great location for a hunting camp or even a primary residence! Properties in this quality of condition do not hit the market often so take advantage of this established hunting property with harvest reports that will blow you away! There is about 68 acres of planted timber on this tract that is pushing 15 years of age and could immediately be thinned and be income generating. Last year there were dozens of trees planted on this property to offer a tremendous variety of food sources for the wildlife and the layout of these trees can be given upon request: 80 Sawtooth Oaks, 24 Persimmons, 6 apple trees (multiple varieties), 5 Hybrid Chestnuts. Along with those species there are smaller arieties of fruit trees planted such as Plums, Cherries, and Raspberries; these will complement the dozens of wild blackberry bushes that line the roads that have been fertilized on a constant basis and are full of the sweet fruit! There are approximately 5 acres of food plots that are split up in 3 main locations: the front road, the main, and the back corner. These food plots produce a high yield on all the food sources planted as the soil quality and fertilizers put out have been well planned. The varieties of crops in the food plots are currently in corn, beans, and chicory.
Property Information
Lot Size
88 acre(s) square ft
Property Type
Land-Other
Year Built
--
MLS Number
--
Location
Address
0 Long Ridge Road
City
Plymouth
State
NC
Zip Code
27962
County
WASHINGTON
Listing
Provider
Mossy Oak Properties Land and Farms, original listing
Name
Phone
(252) 505-6893
Office Name
Office Phone
(252) 480-5263
Agent Name
Chase Furlough
Agency Phone
(252) 480-5263

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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.