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201 Ash Way
Doylestown, PA 18901
Sherri Belfus Kracht with Class-Harlan Real Estate, original listing - (215) 348-8111
$1,200,000
Conventional
Property
Bedroom
4
Bathroom
Full: 3, ½: 1
Property Type
Conventional
Square ft
4368 Square Feet
Property Description
Professional photos coming 3/12. Open House Sunday 3/16 from 1:00-4:00. Spacious & stately brick front center hall Colonial with an open floor plan and great location make this home worth the wait! Located minutes from Doylestown Boro, this gem of a neighborhood offers minimal street traffic, walking paths connecting to the Boro as well as to Pine Run Reservoir with sports fields and playgrounds, Del Val University, and just a 3 minute car ride to Central Bucks Elementary, Middle and High School, as well as Peace Valley Park/Lake Galena. Showcasing a grand two-story entrance with hardwood floors throughout most of the first floor, you’ll find a cozy Living Room complete with a gas fireplace on the right, which leads you to a perfectly sized home office with vaulted ceilings. An open Dining Room with a tray ceiling and Butler' s Pantry is on the left, which leads you to the updated Eat-In Kitchen - the heart of the home. Graciously sized and perfect for cooks, the Kitchen offers gas cooking, stainless appliances, double oven, ample granite countertops and cabinetry galore. The Kitchen opens to the Great Room with soaring vaulted ceilings and a gas fireplace, flanked by windows which overlook the backyard. There’s also a pleasant Sun Room tucked away that would be a sweet spot for morning coffee or could be a second home office, playroom, yoga/exercise room…whatever strikes your fancy! The nearby Powder Room is handy as well as the main floor Laundry Room off the Kitchen, with an entrance to the three-car oversized Garage on one end and a backyard entrance on the other end. A lovely patio off the Kitchen encourages outdoor entertaining and summer barbecues plus an awning to keep you comfortable. A beautiful turned staircase brings you to the second floor, where we’ll start with the Owner’s Suite - complete with vaulted ceilings, a sitting room, a large walk-in closet, and an updated Owner’s Bath with a tub, granite double sink vanity, tiled shower, separate WC and a linen closet. Head down the open hall that overlooks the Great Room and the Foyer, and you’ll find a roomy second Bedroom with an updated Ensuite Bath. Next are the graciously sized Bedrooms three and four, as well as an updated hall Bath with double sinks and a tiled shower/tub. A full unfinished Basement provides plenty of storage, or an opportunity to create something that speaks to you. The home is well appointed with custom millwork, abundant windows allowing for tons of natural light, an easy flowing open floor plan and has been updated throughout. The one acre lot is perfect for yard games, sports playing, gardens or stargazing. Experience the “Best Small Town Cultural Scene'' that Doylestown Boro has to offer and take advantage of the central location to nationally recognized Doylestown Hospital, award winning Central Bucks School District and the many museums, restaurants, cultural events, local shopping, commuter roads and trains/rails that living in this home provides. You're not just buying a home, you're buying a Lifestyle....A must see home!
Property Information
Lot Size
1 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1996
MLS Number
--
Location
Address
201 ASH WAY
City
DOYLESTOWN
State
PA
Zip Code
18901
County
BUCKS (SOUTHEAST)
Listing
Name
Phone
(215) 348-8111
Office Name
Office Phone
(215) 348-8111
Agent Name
Sherri Belfus Kracht
Agency Phone
(215) 348-8111

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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.