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305 Maple St
Abbeville, SC 29620
$219,900
Conventional
Property
Bedroom
4
Bathroom
3
Property Type
Conventional
Square ft
--
Property Description
PRICED BELOW APPRAISAL and QUALIFIES FOR ZERO DOWN PAYMENT USDA LENDING!! Quality and elegance with a surprising size of 1977 squarefoot! Why have Mill houses become so popular recently? The ever rising building costs and cheaper quality-then a 2”X4” board still was actually a real 2”x4” board, while now it is reduced to 1.5”x3.5”, a whopping one inch less wood, these mill houses are becoming a very attractive solution for their solid structures. Since they were built by the well to do owners of the mill, only high quality material was then used for the purpose of long lasting durability. These homes were a secure housing solution for the employees. Some aspects of the building world however have improved in technology such as plumbing and electrical systems and that is why it is worth Gold, when you find a Mill house that has been completely renovated by a professional bringing this solid horse of a house up to code. Such house you have discovered here! Not only has the owner, not a stranger to such endeavors, completely brought this charming home up to code, but cleverly added a touch of glamour anyone would enjoy living in! To mention a few updates: new electrical systems, plumbing, HVAC, and a new roof. Of course the old windows have been replaced with vinyl thermal windows. The exterior showcases navy hardie-board siding complemented by crisp white trim. The concrete front porch is perfectly suited for leisurely family moments in rocking chairs. Upon entering the home you will be welcomed into an airy open-concept living room and kitchen. The kitchen, is a culinary haven featuring brand-new stainless steel appliances, sleek granite countertops, stylish tile backsplash, and an expansive island ideal for hosting gatherings with loved ones. The open floor plan concept brings your guest and loved ones closer to you, while you enjoy the feel of this upgraded kitchen. Throughout the home, new lighting fixtures add a touch of sophistication and ambience. 2 spacious bedrooms and 2 full bathrooms on the main level add ease, while upstairs 2 additional large sized bedrooms with a completely remodeled 3rd bathroom can accommodate anyone you care about. A convenient laundry/mudroom and plenty of oversized closets all throughout this home including walk in closets in the bedrooms makes this a very practical living arrangement. Yes, you can bring your stuff! The prettiest hardwood-clad staircase is easy and secure to use. All througout the owner has chosen a soft light sofisticated grey tone to lighten the walls and will make it easy for you add your personal touch or adjust the color as you wish! Step outside to the brand-new small deck, which is a haven for grilling enthusiasts, offering ample space for play, gardening, or relaxation. A concrete driveway and pad present the perfect canvas for a future garage or workshop, adding further versatility to this remarkable property. Comfort and convenience, historical value, in historical Abbeville and just enough of a yard for easy maintenance yet great for gardening or entertaining if that's what you are into! Best of all? Location! Maple street is tucked away, only the locals and your gps can find, yet you are only minutes away from the Abbeville Historic Square, charming shops and eateries. Are you looking for a quiet, hidden away place where you can chill? And only 15 +/- minutes to Greenwood this convenient location will enhance your errand running experience in both cities! A price below appraisal means money in your bank, not to mention the historical value you can enjoy! All you have to do, is add your designer touch and experience high end living at a very affordable price!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1914
MLS Number
130554
Location
Address
305 Maple St
City
Abbeville
State
SC
Zip Code
29620
County
ABBEVILLE
Listing
Provider
Greenwood Realty, Inc, original listing
Name
Greenwood Realty, Inc
Phone
(864) 388-0202
Office Name
Greenwood Realty Inc.
Office Phone
(864) 388-0202
Agent Name
Heidi McConnell

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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.