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1901 Carlyle Drive
Piqua, OH 45356
David Galbreath Jr. with Galbreath REALTORS, original listing - (937) 339-0508
$317,219
Conventional
Property
Bedroom
4
Bathroom
Full: 2, ½: 1
Property Type
Conventional
Square ft
2352 Square Feet
Property Description
A traditional Parkridge subdivision two-story home featuring a favorite center hall floor plan which makes family living and entertainment easy and convenient. The living room wall separating it from the family room has been removed which opens up both rooms to natural light, better living areas and openness. The family room has two custom-built bookshelves on either side of the gas fireplace with a stone facade and a custom-built black walnut mantel. The family room windows look out to the back deck and spacious backyard. The beautiful kitchen has ample counter space for any and all cooks and storage for all the cooking pans and dishes. The kitchen sink's window has views of the landscaped rear yard. The kitchen eating area is a custom-built high-top built-in table with storage below. The easy access sliding glass door to the covered deck and fully fenced rear yard is located here. The convenient first-floor laundry room is located just off the kitchen and the hall to the 2 1/2 car attached garage as well as a half bathroom. A clothes chute from the main bedroom empties right into the laundry room. The four bedrooms are on the second floor with the main bedroom featuring a walk in closet and full bathroom and modern shower. Plentiful windows let in all the light and fresh air you would need. The full guest hall bathroom features a jet nozzled tub. The other bedrooms offer plentiful size for all the bedroom needs and large closets. The full basement is divided into a large 25'x16' rec room, a 13'x12' office space and an 18'x11' furnace room with storage shelves for all the extra stuff. The sump pump has a battery backup pump just in case. The garage has a step saving service door to the backyard, peg board for tool storage and a folding walk-up ladder to the overhead storage area. If you are looking for a home with many ownership features and walking distance to the Piqua Elementary School, you need to consider this one-of-a-kind home.
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1979
MLS Number
--
Location
Address
1901 Carlyle Drive
City
Piqua
State
OH
Zip Code
45356
County
MIAMI (County)
Listing
Name
Phone
(937) 339-0508
Office Name
Office Phone
(937) 339-0508
Agent Name
David Galbreath Jr.
Agency Phone
(937) 339-0508

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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.