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1712 Washington Lane
Meadowbrook, PA 19046
$1,720,000
Conventional
Property
Bedroom
6
Bathroom
6
Property Type
Conventional
Square ft
5600
Property Description
Presenting 1712 Washington Lane an exceptional property meticulously designed by nationally recognized architect Charles Broudy. This all brick RANCH home is a stunning blend of modern design and classic charm. The home is designed in a wing formation offering plenty of space and privacy for everyone. Set on 1.25 manicured acres, this 5600 sq ft residence offers an upscale yet relaxed lifestyle. As you approach the entrance by way of a circular driveway, double front doors open to reveal quarter oak flooring that extends throughout the main entertaining area. The large triangle skylights and windows throughout fill the home with natural light. The floor to ceiling windows offer panoramic views of the surrounding landscape, saltwater pool, koi pond with water fall and a gazebo to relax in. Off of the Foyer is the Grand Dining Room and Living Room with 20 ft beamed ceilings. This area is separated by a built in cabinet that is great for storing all your dishes and serving pieces. Between these two rooms is a semi-circular working greenhouse for plants and flowers to be grown all year round. The two rooms have french doors that lead out to the trex deck that that surrounds the entire back of the home. The spacious Living Room has doors that open to a unique sitting area with a wood burning fireplace and wet bar that can also accessed to the Living Room. The large Dining Room has two built-in serving bars for buffet dinner parties. The chef's Kitchen is perfect for entertaining and cooking enthusiasts. Designed by Joanne Hudson this Downsview Kitchen is any cook's dream. There are marble countertops, 3 Wolf ovens, 2 Miele dishwashers, sub-zero all refrigerator, sub-zero refrigerator and freezer drawers, separate ice maker and a sub-zero wine closet. The stainless steel backsplash goes with the island that has stainless counter for cutting. The Kitchen opens onto a cozy Family Room with a wood burning fireplace and built-ins. Adjoining this room is the sun-filled Breakfast Area which allows the beauty of nature to greet you every morning. This room allows you to access the deck. Off of the Family Room is a Bedroom and Full Bath that can be used as an in-law suite or dressing area to the pool. From the Kitchen you enter the Laundry Room with another sub-zero refrigerator and separate freezer. There is a two car garage with storage, you can enter from this area and steps that lead to a partially finished Basement. To the left of the entrance is a large Bedroom wing offering four Bedrooms with two jack and jill baths. This wing is secluded and serene. There is also an area with built-in desks and bookshelves. The entire wing may be closed off from the rest of the home when not in use. The Primary Suite offers a tranquil and luxurious atmosphere, a vaulted ceiling, door access to the deck and pool, two oversized walk-in closets and two separate bathrooms. One of the baths has a large steam shower. The second bathroom features a large triangular soaking tub, crystal sink and make-up vanity. Both bathroom have access to the built-in closets. The partial Basement that is finished is perfect for relaxing after working out and has storage area and a wet bar and an outside entrance. There is a stand up crawl space and under the primary Bedroom there is another unfinished basement. This home with it's custom design and high quality construction, this is a true standout in the area. Perfect for those who appreciate both luxury and comfort. This Ranch home is sure to impress even the most discerning Buyer.
Property Information
Lot Size
1 acre(s) square ft
Property Type
Other
Year Built
1985
MLS Number
PAMC2104252
Location
Address
1712 WASHINGTON LANE
City
MEADOWBROOK
State
PA
Zip Code
19046
County
MONTGOMERY (SOUTHEAST)
Listing
Provider
Berkshire Hathaway HomeServices Fox & Roach, Real, original listing
Name
Berkshire Hathaway HomeServices Fox & Roach, Real
Phone
Office Name
BHHS Fox & Roach Jenkintown Home Marketing Ce
Office Phone
(215) 887-0400
Agent Name
Connie Berg

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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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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.