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3973 Yerkes Rd
Collegeville, PA 19426
$655,000
Conventional
Property
Bedroom
4
Bathroom
4
Property Type
Conventional
Square ft
--
Property Description
Drive up the long, red brick, tree-lined driveway leading to this tucked away Colonial on a secluded & quiet cul de sac. An incredible lot with rear scenic views overlooking beautiful trees, flowering shrubs and the Perkiomen Creek. The Front of the Home offers a full-length porch where you can watch the beautiful sunrises while having your morning coffee. Upon entering the Living Room/Den you will see a beautiful marble wood burning fireplace and lovely hardwood flooring. The Large Formal Dining Room also features pretty hardwood flooring and is a perfect room for all your formal entertainment and holidays. Enter the nice size combined Kitchen/ Family room. The kitchen is equipped with a center island and ceramic countertops. The newly acquired refrigerator is included. Also, a new dishwasher and new stove. You will also find a garbage disposal and a large pantry. The cozy family room has another wood burning fireplace & a ceiling fan with many windows to enjoy your views. Off the kitchen there is a separate laundry room with also newly acquired washer & dryer which are included. You can enter the property from the one-car garage through the washroom and into the kitchen with your groceries and shopping bags for easy access. A Gorgeous Full Glass Sunroom (even the ceiling) overlooks beautiful scenery. You will love this Room! The room can be used for dining or just relaxing. The Sunroom has sliding glass doors that lead to a beautiful, gated deck for all your outside grilling, entertainment, and parties. There is a bathroom on every floor! The 1st floor contains a cute powder room with a lovely vanity. The 2nd floor features a Master Bedroom with a cathedral ceiling, wall to wall carpeting, a walk-in closet, and a ceiling fan. An entry way to the shower & bathroom contains double sinks, cabinets & closets. The Master Bathroom you will find a separate shower and tub. Three additional bedrooms all with large closets and windows. One Bedroom is currently used as an office. All rooms feature wall to wall carpeting and 6 panel doors. The nice size hall bath also features the double vanity/sinks. The finished basement/entertainment room is a super large professionally finished recreation room with numerous above ground windows, recessed lighting, and a slider to the rear yard. Also, a full bathroom with a shower, a wet bar and the refrigerator is included. There is a pool table which is open for anyone who would like it to stay. The basement has a large storage area the width of the house. The fenced in rear yard w/a patio is perfect for winter lounging around a fire pit. The property line is extended down to the creek. A place to enjoy some fishing or canoeing. NO FLOOD INSURANCE IS REQUIRED. Many newer items to include the hot water heater, heating system and all appliances. Most of the furniture is for sale so please inquire if interested. All appliances are included. The large commercial hot water heater is newer. All Window treatments can stay. Plenty of drive-way parking. Original Owner!!! School bus stop right at the driveway. Many freshly painted rooms. One of a kind home for sure on an incredible lot!! !
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2001
MLS Number
PAMC2098432
Location
Address
3973 YERKES RD
City
COLLEGEVILLE
State
PA
Zip Code
19426
County
MONTGOMERY (CENTRAL)
Listing
Provider
Long & Foster Real Estate, original listing
Name
Long & Foster Real Estate
Phone
(888) 536-0216
Office Name
Havertown
Office Phone
(888) 536-0216
Agent Name
Donna Steinkomph

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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.