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237 Vaughn Road
Royersford, PA 19468
$399,900
Conventional
Property
Bedroom
3
Bathroom
3
Property Type
Conventional
Square ft
1660
Property Description
This lovely mid-century Cape Cod on a large, 1/2 acre corner lot provides great living space in a wonderful walking neighborhood. One can walk to downtown Royersford, Victory Park as well as the Schuylkill River Bike Trail. Just a five minute drive will get one to all of the creative shops & restaurants of Phoenixville as well as their famous farmer's market during the warmer weather, and all of the festivals & parades. In just 15 minutes, one can shop at one of the largest Wegman's in the region, or be at the King of Prussia mall and all the various stores in that region. There still several family run farms in the area that provide exceptional fresh produce, including the Renninger's Farmers Market that is a quick 2-block walk from the house. The house was expanded in the past to incorporate a 2-car garage that has direct access to the basement, with a large primary suite above that includes a walk-in closet, an en-suite bathroom with a stall shower and a lovely little 3-season sunroom/porch which is the perfect place to enjoy a morning coffee or tea. The main living space on the first floor provides great circular flow. the kitchen has been tastefully modernized with granite counters and a subway tiled backsplash while the original solid wood cabinets are in excellent condition. The living room was doubled in size when the primary suite was added that provides two distinct sitting areas. There is a built-in bookshelf and the southern facing front facade ensures sunshine floods the living spaces with light throughout the day. The 2nd full bath is located between the kitchen and the living room while the dining room is wide open to the kitchen, providing that open-floor layout that so many desire these days. Upstairs, there are two equally sized guest bedrooms that both have large closets. The basement is partially finished with more built-in cabinets and bookshelves. The laundry area includes a large floor to ceiling cabinet for storage as well as a large counter surface for folding (or entertaining!) with a large sink that is open to the finished portion of this space. There is a 3rd full bathroom in the basement next to the access to the garage that, while basic, provides the necessary functions with a stall shower. The other half of the basement provides ample storage along with the mechanicals (including a brand new H/W heater). The large rear yard is fully fenced and provides a blank canvas for all your gardening or playing needs. It is a lovely combination of a modern layout with traditional elements in a lovely community.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1950
MLS Number
PAMC2100312
Location
Address
237 VAUGHN ROAD
City
ROYERSFORD
State
PA
Zip Code
19468
County
MONTGOMERY (NORTHWEST)
Listing
Provider
Berkshire Hathaway HomeServices Fox & Roach, Real, original listing
Name
Berkshire Hathaway HomeServices Fox & Roach, Real
Phone
Office Name
BHHS Fox & Roach Wayne-Devon Sales Office
Office Phone
(610) 651-2700
Agent Name
Scott Laughlin

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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.