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705 Cardinal Drive
Aiken, SC 29803
$450,000
Conventional
Property
Bedroom
4
Bathroom
3
Property Type
Conventional
Square ft
3864
Property Description
Need SPACE? Timeless Brick Home in Established Houndslake This property perfectly blends style, function, and flexibility with a floor plan full of livability. Whether you prefer formal settings or a more relaxed atmosphere, this home accommodates your lifestyle choices. Constructed with quality heavy brick, it boasts architectural interest and sought-after features, including beautifully renovated spaces. Nestled on a golf course lot, the .64-acre lot offers a wonderfully private, fenced rear yard that backs up to the fairway, allowing you to be nature's neighbor. Upon entering, you'll appreciate the wide foyer with striking flooring that flows into the spacious main living areas, accented by outstanding barn doors. The residence chef will be delighted with the renovated, well-planned kitchen, which features extensive cabinetry, gorgeous quartz counters, a serving bar, a walk-in pantry, and a cheerful breakfast room. This space adjoins a dining room with custom built-ins, ideal for hosting gatherings, and has access to a grand-sized, low-maintenance deck. This area is perfect for large family gatherings and offers a wonderful space to dine al fresco while enjoying picturesque views of your rear grounds. Retreat to the generously sized owner's suite located on the main level with private deck. The serene primary bath includes a custom tilework, a large stunning vanity, and a great walk-in closet. Another comfortable main-level bedroom features access to a fun retro-style bathroom with colorful pops. Additionally, there is another room on the main level, complete with a closet, that is ideal for a small bedroom, hobby room, or whatever your family needs. The lower level is where the fun begins! The lower-level introduces an office with built-in and a bedroom, with access to a full nostalgic bath. The grand-sized family room boasts an outstanding brick fireplace and easy access to a huge three-season room, offering another wonderful space for family fun, relaxation, and enjoyment of the views. The large yard is perfect for children, pets, and gardening, ready for your inspiration and outdoor fun. Also downstairs, there is a huge utility room with laundry hookups and utility sink. The home also features a convenient circular driveway, additional parking, and easy access to the large two-car garage. This home is perfectly situated in the established community of Houndslake, providing excellent access to shopping, recreational activities, Houndslake Country Club, Hitchcock Woods, and historic Aiken. Enjoy the simple pleasures of life in this exceptional Aiken home. #thesearchisover
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1978
MLS Number
211888
Location
Address
705 Cardinal Drive
City
Aiken
State
SC
Zip Code
29803
County
AIKEN
Listing
Provider
Meybohm Real Estate, original listing
Name
Meybohm Real Estate
Phone
(803) 646-5144
Office Name
Meybohm Real Estate - Aiken
Office Phone
(803) 648-7653
Agent Name
Brandi Cook + Vikki Crossland - Aiken Homes Team

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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.