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350 S Old Middletown Road
Media, PA 19063
Courtney Dampman with EXP Realty, LLC, original listing - (888) 397-7352
$799,999
Conventional
Property
Bedroom
5
Bathroom
Full: 3
Property Type
Conventional
Square ft
3306 Square Feet
Property Description
Serenity awaits you! Welcome home to 350 S Old Middletown Road. This beautiful five bedroom, 3 full bath colonial situated on 0.86 picturesque acres is ready for a new owner to move in and make memories. As you pull down the expansive, private driveway, you will instantly notice the location of this home. The home is set back from the road surrounded by beautifully landscaped grounds, allowing for peace and privacy. This home has been in the same family for close to 40 years, who have lovingly maintained the residence. The front porch is the perfect place to relax with your favorite beverage or get lost in your favorite book. Enter the home to find all the charming details, reminiscent of a bygone era. To the left of the entryway you will find a spacious formal living room that flows seamlessly into your formal dining room. To the right of the entryway, you will find double doors leading to a massive family room area, complete with a brick, wood-burning fireplace and a wet bar for entertaining. As you walk through the first level, you simply cannot ignore the oak moldings and doors throughout. The bright and open eat-in kitchen is at the heart of this house. In the kitchen you will find granite countertops and ample, cherry oak cabinetry. The first level is complete with a full bathroom and bedroom that is perfect for so many living situations. Whether you use this space as a guest suite, in-law quarters, a child's bedroom, a home office, a place to age in place with one floor living or whatever else, the choice is yours! Off the kitchen, you will find a bright sunroom allowing for some indoor/outdoor space... and indoor plant lover's dream! Head out back to find your two level deck and your spacious and private backyard. With so much outdoor space, the opportunities for summer fun are endless. Head upstairs to find a spacious primary suite complete with a walk-in closet. The private, en-suite bathroom boasts a large vanity and shower stall. Additionally, the remaining three bedrooms on this level are all generously sized, and the hall bath features a tub. The upstairs also had a full attic allowing for ample storage. The basement is partially finished and allows for even more living space, should you ever need it, as well as inside access to your oversized, two-car garage for two vehicles plus storage space. Additionally, this home boasts a rust-proof water heater, recently replaced in 2022. And if you didn't love the location enough, 350 S Middletown Road is located just minutes from all the best of what Downtown Media has to offer. Close to major interstates and within walking distance to the regional rail, what more could you need? Schedule your private viewing and make this home yours today! OPEN HOUSES: Friday 6/28 5-7pm and Saturday 6/29 11a-1pm. All are welcome!
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1975
MLS Number
--
Location
Address
350 S OLD MIDDLETOWN ROAD
City
MEDIA
State
PA
Zip Code
19063
County
DELAWARE (COUNTY NORTH)
Listing
Name
Phone
(888) 397-7352
Office Name
Office Phone
(888) 397-7352
Agent Name
Courtney Dampman
Agency Phone
(888) 397-7352

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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.