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376 W Washington St
Burns, OR 97720
$274,000
Conventional
Property
Bedroom
3
Bathroom
2
Property Type
Conventional
Square ft
2090
Property Description
Welcome to 376 W. Washington Street, Burns, Oregon! This charming home is a true gem in the heart of Burns, offering the perfect blend of comfort and convenience! As you step inside, you'll be greeted by a warm and inviting living space, filled with natural light streaming through large windows and a sun porch sitting area. While preserving its rustic charm, the property is equipped with modern amenities to enhance your comfort. A fully equipped kitchen, updated bathrooms, wonderful backyard space, and attached single-car garage provide the perfect blend of convenience and country living. With three bedrooms and two bathrooms, there's plenty of room for everyone to relax and unwind. One of the standout features of this property is its sizable backyard. Imagine summer barbecues just off the sun porch, gardening in the sunshine, or simply enjoying a peaceful evening under the stars. You're just a short drive away from the town's amenities, schools, and shopping, ensuring that daily life is convenient and stress-free. Don't miss out on the opportunity to make this delightful Burns home your own - schedule a showing today! TAXES: $2,153.08, FINANCING: Cash or bank financing option available for the property, YEAR BUILT: 1941, SQ. FT.: 2,090 sq ft (+/-); 2 story home w/ attached single car garage, ACREAGE: 0.23 acres (+/-), HEAT SOURCE: Electric furnace with forced air; fireplace insert, BEDROOMS: 3 bedrooms - 1 on the main floor and 2 bedrooms on the upper floor; all bedrooms have carpet flooring, nice closet spaces, storage cabinets, and newer vinyl windows - The first-floor bedroom features two closet spaces and one of the upstairs bedrooms features an access door to the above-garage storage area, BATHROOMS: 2 bathrooms - First Floor Hallway Bathroom - tile flooring, tub/shower combination with custom tile, single sink vanity with wood cabinets and tile countertops, and additional built-in storage. - Second Floor Bathroom - linoleum flooring, tub/shower combination, single sink vanity with wood cabinets and Formica countertops, and small storage cabinet, KITCHEN: Wood cabinets with plenty of storage, Formica countertops, wood laminate flooring, breakfast/dining nook area, and newer vinyl windows. Located off the dining room with access to the laundry room/pantry area, APPLIANCES: Refrigerator, electric stove, and cooktop, dishwasher, and garbage disposal; all major appliances are stainless steel Samsung (appliances stay), LIVING ROOM: Front door access with tile entry, carpet flooring, vinyl windows, fireplace insert with custom wood mantel and tile work (replaced in 1997 with new chimney liner), and vinyl windows. The room hosts a staircase to the second floor (custom wood banister rail and steps), built-in shelving, and access sun porch via French doors, DINING AREA: Located off the kitchen and living room; carpet flooring, built-in cabinets, vinyl window, SUN PORCH: Located off the living room; wood laminate flooring, glass door slider access to the back yard, large vinyl windows, LAUNDRY: Located off the kitchen; wood laminate flooring, storage closets, electric washer, and dryer hookups (appliances stay), and farm sink. Area also hosts hot water heater and electric furnace, UPSTAIRS LANDING: At the top of the second-floor staircase, there is a large landing that features carpet flooring, vinyl windows, closet spaces, and cabinets for accessing under-the-eaves storage spaces. Area provides access to the two bedrooms and the bathroom, GARGE: Single-car garage with door access to the laundry room and backyard; concrete flooring with uninsulated walls, electric garage door opener, OUTDOOR SPACE: Yard Space - large, unfenced spaces around the house, large legacy trees (need pruning), mature shrubs; no inground sprinkler system Off-Street Parking - additional off-street parking is abundant for the home; this includes a driveway to the garage
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1941
MLS Number
11208265
Location
Address
376 W Washington St
City
Burns
State
OR
Zip Code
97720
County
HARNEY
Listing
Provider
Jett Blackburn Real Estate Inc., original listing
Name
Jett Blackburn Real Estate Inc.
Phone
(541) 573-7206
Office Name
Jett Blackburn Real Estate Inc.
Office Phone
(541) 413-5660
Agent Name
Colby Marshall

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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.