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83 Old Mill Drive
Media, PA 19063
$1,300,000
Conventional
Property
Bedroom
4
Bathroom
Full: 3, ½: 1
Property Type
Conventional
Square ft
6247 Square Feet
Property Description
Located in the award-winning Rose Tree Media School District this home sits in one of the premier communities with easy access to major roads and PHL Int. Airport just under 15 minutes away for easy travel. Rose Tree Estates offers quick access to the Media/Wawa Regional Rail and is walkable to the Media Borough which has plenty of shops and delectable dining and entertainment options. If it is outdoor adventures that you seek, the community itself has wonderful walkability and nearby you can enjoy tranquil walks at Ridley Creek State Park and family fun at Tyler Arboretum, Linvilla Orchards and more! From the moment you pull up to this wonderful executive home, you will appreciate the gracious curb appeal of this traditional, brick colonial. Situated on one of the largest lots in the community, this property has more than enough room for both a stately front lawn and a wonderful backyard oasis with a stunning paver patio and plenty of flat space for any additional back yard entertaining that you may desire. Once inside the home, the soaring double height entry foyer, grand staircase, beautiful hardwood floors, gorgeous moldings and a lovely formal living and dining room are sure to impress. The powder room and full office with practical and stylish built ins and French doors for privacy lead to the main heart of the home which is the two-story, OPEN CONCEPT family room and stunningly renovated and designed chef's dream kitchen. The family room has a lovely gas burning fireplace and is open to the sun filled breakfast room and designer kitchen. When the owners remodeled the kitchen, they designed a complete window wall for maximum natural light and great views of the backyard, and they included an oversized eat around, quartzite island which is the heart of the kitchen. A stunning glass and marble backsplash, custom hood, cabinet finished appliances including a Thermador refrigerator add to the one-of-a-kind kitchen in this home. Beyond the kitchen is another unique custom remodeled space; a true working mudroom and laundry space that are designed to serve today's family needs with built in cubby's, cabinets, sitting bench, shoe shelves, counter space and more. The wonderful entertaining and living space continues in the finished basement which has a second kitchen, a full bathroom and several living spaces one of which is anchored by a slate surround, gas fireplace. On the upper level, there are three generously sized bedrooms, a full hall bathroom and a stately primary suite which includes THREE WALK-IN CLOSETS and an oversized main bedroom that has room for a full-size sitting room IN THE BEDROOM as well as a secondary finished space with lovely built ins that can be used as a den, nursery or secondary office space. The newly remodeled master bathroom with elegant finishes and modern fixtures is a stunning feature of this primary suite. If you have been seeking just the right home in one of the best school districts in the state with good proximity to Philadelphia and Wilmington, this is it! Come take a tour of the property and you will surely want to call this your home.
Property Information
Lot Size
0 acre(s) square ft
Property Type
Other-Other
Year Built
1995
MLS Number
--
Location
Address
83 OLD MILL DRIVE
City
MEDIA
State
PA
Zip Code
19063
County
DELAWARE (COUNTY NORTH)
Listing
Name
Phone
(252) 267-2701
Office Name
Office Phone
Agent Name
Sophia Bilinsky
Agency Phone

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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.

Free Foreclosure Listings

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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.