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218 Valley Ridge Road
Haverford, PA 19041
Amanda Helwig with Dan Helwig Inc, original listing - (215) 233-5000
$1,365,000
Conventional
Property
Bedroom
3
Bathroom
Full: 3, ½: 1
Property Type
Conventional
Square ft
5360 Square Feet
Property Description
Original owners who lovingly customized this upscale Pembrey model are moving on. Here is your chance to own an upgraded home on a coveted premium lot backing up to 124 Acres of the Haverford Woods Preserve, with recreation, walking and biking trails, and your own personal Southbrook Trail access. This trail connects to more than 6 miles of walking trails in the community for your enjoyment. Haverford Reserve is a maintenance-free community on the Main Line. Pull up to this 4 Bedroom 3/1 Bath stone and stucco European Carriage House. This Pembrey has 4,176 sq ft on the upper floors and an additional 1,184 square feet on the finished lower level. Walking past the two-car attached garage you'll alight the front steps and enter through the double doors to your grand two-story foyer with sweeping staircase to the second floor. Traverse the foyer's gleaming travertine floors. The owners upgraded this home to have hardwood flooring on the first and second floors. To your right, you will find the light-filled formal Living Room with a gas-burning fireplace, and beautiful trim and moldings. This airy home features 9ft ceilings, beautiful moldings and millwork, arched openings, and rounded drywall work for a polished finish. A gracious Dining Room with a tray ceiling and bay window is perfect for family get-togethers or entertaining. As you move past the Elevator and first-floor powder room, you will come to the rear of the home with a spacious Family Room with a vaulted ceiling, gas fireplace, and views of the woods beyond. Off the Family Room a well-appointed Office / Den for privacy. A cook's dream awaits with a well-appointed chef's kitchen, abundant cabinetry, a center island with seating, and granite countertops. Off the Kitchen a Breakfast area and double doors to your newer Trex Deck complete with retractable awning! Take a gander over the rail at your fenced-in yard and Hot Tub ready for the summer season! Back inside, pass by the Kitchen to your Panty and Mudroom before entering your massive attached garage. There's more, let's head down the elevator or stairs to the lower-level daylight basement. The owners opted for additional windows and light to pour into this multi-purpose space with custom built-ins, a bar area, a full bathroom, and an additional bedroom ( currently being utilized as a gym). In addition, an abundance of storage in an unfinished space that hosts your HVAC, Upgraded Electrical, Generator, Sprinkler, and Security Systems. While the association maintains a sprinkler system for the front laws, this owner opted to sprinkle his entire yard. This property has three 3 handlers for this three-story home; 1 for the basement, one for the first floor, and one in the attic that services the second floor. From here let's take the elevator up to the second floor. Here your Bedroom level awaits you with a Main Bedroom Suite with a custom outfitted walk-in closet and spa bathroom. Two additional bedrooms share a Jack & Jill Bath. There's more. Current owners appealed successfully the taxes to the new assessment of $822,500. These owners have an additional garage around the corner on Green Lane for $30 per month.Make an appointment today!
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Attached
Year Built
2010
MLS Number
--
Location
Address
218 VALLEY RIDGE ROAD
City
HAVERFORD
State
PA
Zip Code
19041
County
DELAWARE (COUNTY NORTH)
Listing
Name
Phone
(215) 233-5000
Office Name
Office Phone
(215) 233-5000
Agent Name
Amanda Helwig
Agency Phone
(215) 233-5000

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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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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.