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15 Woodgate Lane
Bryn Mawr, PA 19010
Daniela Garza with BHHS Fox & Roach Haverford Sales Office, original listing - (610) 649-4500
$11,000
Conventional
Property
Bedroom
5
Bathroom
Full: 4, ½: 1
Property Type
Conventional
Square ft
5781 Square Feet
Property Description
This contemporary style home features 5 bedrooms, 4 full and 1 half bathrooms, and over 5,700 square feet of luxury living space. As you enter the home, you're greeted by a marble foyer and reception room with a fireplace, fountain, and floor to ceiling windows with incredible views & like nothing you've ever seen before. At right is the large living room with a built-in bar and conversation pit surrounding the wood-burning fireplace. The living room opens to an additional sitting room and has access to a deck overlooking the picturesque rear yard. To the left of the foyer is an open dining room with built-in cabinetry and is the perfect setting for entertaining. Nearby is an atrium with spiral staircase up to the 2nd floor. An additional stairway is conveniently located off the foyer and near the powder room. The large, gourmet kitchen is open to the breakfast area and family room making it the perfect place for family gatherings. The kitchen offers stainless steel appliances, tons of countertop and cabinet space, and a large island with seating. Nearby is the breakfast room which opens to the family room with fireplace and sliding doors to the rear deck. Off of the family room is a year-round sunroom adding to the enjoyment of the wonderful first floor. Completing this level is a convenient mudroom and entrance to the 2-car attached garage. The second floor features a large landing which is perfect for an office or play room. Here you'll also find 4 spacious bedrooms and 3 full baths. The primary bedroom boasts great closet space and a Juliette balcony open overlooking the main floor. The primary bathroom has an oversized tub, stall shower, and double sinks. Bedrooms 2 and 3 share a jack-and-jill bathroom, and bedroom 4 has an en-suite bath. To top it off, there is access to a third-floor loft which is great additional flex space. The lower level is large and features a rec room with media area, kitchenette, exercise room and more! Additionally, there is a fifth bedroom, full bathroom, and sliding doors to the pool and grounds. There is also lots to enjoy outdoors. Your family and friends will enjoy spending time on the gorgeous deck, many patios, and, of course, the pool! All this in a super convenient location! Near the shops and restaurants in Bryn Mawr, Rosemont, and King of Prussia. Also close to Villanova University, Bryn Mawr College, Haverford College, and Rosemont College. Minutes from Main Line health facilities including Bryn Mawr and Lankenau hospitals and the University of Pennsylvania Health System in Radnor make this location ideal for every need. Don't miss out on this truly special home!
Property Information
Lot Size
1 acre(s) square ft
Property Type
Residential Lease-Other
Year Built
1985
MLS Number
--
Location
Address
15 WOODGATE LANE
City
BRYN MAWR
State
PA
Zip Code
19010
County
DELAWARE (COUNTY NORTH)
Listing
Name
Phone
Office Name
Office Phone
(610) 649-4500
Agent Name
Daniela Garza
Agency Phone
(610) 649-4500

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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.