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176 Charles Street
King Of Prussia, PA 19406
$1,265,000
Conventional
Property
Bedroom
4
Bathroom
5
Property Type
Conventional
Square ft
5110
Property Description
A brand-new luxury construction home unveils a seamless blend of modern sophistication and rustic farmhouse charm. Spanning a generous layout of 4 bedrooms and 3 full baths/2 half baths, a finished basement and 2 fireplaces. The eye-catching facade captivates with a harmonious blend of rustic wood, sleek standing seam roof, and classic painted white brick. These elements whisper promises of the contemporary farmhouse elegance that unfolds within. Step inside onto the sumptuous hardwood flooring that flows consistently throughout, reflecting the home's cohesive blend of luxury and warmth. The expansive foyer, lit by the soft glow of natural light, introduces the spacious open-concept living areas, where meticulous craftsmanship meets comfort. The kitchen stands as the heart of this masterpiece, boasting pristine quartz countertops that shimmer against the soft lighting. It's fully equipped with top-tier stainless steel appliances, including a double oven, stove top, microwave drawer and dishwasher, offering the perfect environment for culinary brilliance. A generous island, ideal for casual breakfasts, heartfelt conversations, or evening wine tastings. Adjacent to the kitchen, the living and dining spaces provide a harmonious transition, with vast floor-to-ceiling windows framing picturesque views and bathing the interiors in a serene ambiance. A formal dining room is assisted by a butler's pantry and walk-in pantry. Family entrance from the garage enters a mudroom with custom benches and cubbies with a tucked away powder room. Ascend the curved staircase to the find the Primary Bedroom, a sanctuary in its own right, featuring hardwood floors, an accent wall, huge walk-in closet and luxury finishes. The ensuite evokes sheer opulence with its spa-inspired bathroom, showcasing a rain shower, exquisite tile, a dual vanity set and high-end fixtures. Bedroom 2 is a retreat of its own with a walk-in closet and 3 piece ensuite showcasing the tiled shower. Your journey continues as you descend into the finished basement, a canvas of possibilities against the backdrop of a linear fireplace and includes a half bathroom.. Use this space to create your state-of-the-art home theater, a personal gym, or an entertainment hub, this space stands ready to adapt to your vision. An oversized two car garage, covered patio and large level yard finish this spectacular home. This modern farmhouse ensures a balance of serenity while being a stone's throw from upscale dining, premium shopping hubs, and scenic nature trails. With swift access to main arteries and city conveniences, you'll find that this home offers both retreat and connectivity. Delivery will be end of year 2024. Still time to make finish selections. (Photos are of 160 Charles St)
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2024
MLS Number
PAMC2093762
Location
Address
176 CHARLES STREET
City
KING OF PRUSSIA
State
PA
Zip Code
19406
County
MONTGOMERY (CENTRAL)
Listing
Provider
Keller Williams Real Estate- Blue Bell, original listing
Name
Keller Williams Real Estate- Blue Bell
Phone
(215) 646-2900
Office Name
Keller Williams Real Estate-Blue Bell
Office Phone
(215) 646-2900
Agent Name
Binnie Bianco

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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.