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2351 Bull Swamp Road
North, SC 29112
$849,999
Conventional
Property
Bedroom
4
Bathroom
3
Property Type
Conventional
Square ft
3560
Property Description
Remarkable Country Estate on 63 Acres in St. Matthews/North area just 6 miles to I-26 for easy access to Columbia located just 28 miles away, 15 miles to Orangeburg, and 75 miles to Charleston. For outdoor enthusiasts, this estate is a dream come true with ample hunting opportunities, a creek, sprawling hardwoods enhancing the rural charm. Don’t miss the 1900 sq. ft workshop offering a 6-bay garage with room for up to 9 vehicles, ideal for car enthusiasts or additional storage. 2 garage doors and a side door for large equipment access. Entertain guests on the expansive deck, covered front porch or relax by the inground pool with a waterfall accent feature. The pastures provide excellent spaces for horses or livestock, enhancing the rural charm. This stunning property greets you with tree lined, gated, driveway, palm trees and leads to serene landscapes, perfect for those seeking privacy and tranquility. The estate features a spacious 3560 sq. ft. home, offering 4 bedrooms, 2.5 baths, hardwoods throughout, open floor plan with Chef Style Kitchen boasting island, an abundance of cabinetry, bar area, 2 huge pantries, built-in desk and the most amazing Butler Pantry all open to the Great Room with Fireplace. The Keeping Room/Sunroom opens to the Kitchen and would be perfect for a large farm table for big family gatherings; the primary suite has an attached office with built-ins that could also be a dream closet; master bath with tiled walk-in shower, seamless glass door, dual sinks, his and hers closet and makeup/dressing area. All bedrooms and theatre room are all located on main level. A separate bonus room with sink/wet bar area is on the 2nd level and could be a 5th bedroom. Additional acreage is available for those looking to expand. Secure and private so you can work in the city or work from home on a peaceful paradise with 5G Internet. Don’t miss this opportunity to own a piece of paradise. Schedule your private tour today.
Property Information
Lot Size
63 acre(s) square ft
Property Type
Residential
Year Built
2007
MLS Number
585644
Location
Address
2351 Bull Swamp Road
City
North
State
SC
Zip Code
29112
County
ORANGEBURG
Listing
Provider
Keller Williams Palmetto, original listing
Name
Keller Williams Palmetto
Phone
(803) 722-1900
Office Name
Keller Williams Palmetto
Office Phone
(803) 722-1900
Agent Name
Candy Limehouse

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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.