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316 S Monterey Drive
Moore, SC 29369
$659,900
Conventional
Property
Bedroom
5
Bathroom
4
Property Type
Conventional
Square ft
--
Property Description
Welcome to River Mist, where luxury and comfort blend seamlessly! This magnificent all-brick home is a true gem, boasting 5 bedrooms and 4 bathrooms, including an enticing inground pool that beckons you to unwind and bask in the tranquility of your private oasis. As you enter, be prepared to be captivated by the meticulous attention to detail found in every corner of this abode. The grandeur of the formal dining room sets the stage for elegant gatherings and cherished memories. The office/study offers a refined space to work from home or indulge in personal projects. The open great room is an absolute showstopper, boasting a soaring cathedral ceiling, built-in bookcases, and a gas log fireplace that imbues warmth and ambiance. The gleaming hardwood floors span this welcoming space, providing a seamless flow throughout. Prepare to be inspired in the modern kitchen, featuring top-of-the-line stainless steel appliances, a convenient bar space, luxurious granite counters, ample cabinets and counter space, and a delightful breakfast nook. This culinary haven is tailor-made for creating culinary masterpieces and fostering culinary adventures. Utilize the walk-in laundry room with ease, complete with a utility sink for added convenience. The guest space or in-law suite is a welcoming haven, with direct access to a full-sized hall bath and private access to patio. The master suite is a true sanctuary, offering a trey ceiling, multiple walk-in closets, and stunning hardwood floors. Retreat to the luxurious private bath, where relaxation awaits with a rejuvenating walk-in shower, a separate jetted garden tub, and an elegant double vanity. On the second level, you'll discover two generously proportioned bedrooms, thoughtfully designed with abundant closet space. A full-sized hall bath caters to the needs of these rooms, ensuring comfort and functionality. Another private bath accompanies the additional 5th bedroom, offering convenience and privacy for guests or family members. Step outside and immerse yourself in the breathtaking backyard, where a blissful outdoor oasis awaits. Lounge and unwind on the screened-in porch, perfect for savoring the view of your captivating in-ground pool. Surrounding this picturesque haven are a charming gazebo, an inviting picnic area, and a relaxing hammock, all artfully nestled within the borders of the wooded lot, ensuring a serene ambiance and utmost privacy. Additional features include new Gutter Guard gutter system with gutter guard, complete security system with cameras and full lawn sprinkler system River Mist is a quiet, beautifully walkable neighborhood with mature trees and the enjoyment of a stocked, catch & release pond! Conveniently located to Spartanburg Greer and Greenville, this residence is zoned for the highly acclaimed district 6 schools, and a short drive to I-85 and Hwy 101. Don't miss out on the opportunity to make this captivating home yours to enjoy! Schedule your tour today.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2008
MLS Number
1511643
Location
Address
316 S Monterey Drive
City
Moore
State
SC
Zip Code
29369
County
SPARTANBURG
Listing
Provider
Coldwell Banker Caine, original listing
Name
Coldwell Banker Caine
Phone
(864) 250-2800
Office Name
Coldwell Banker Caine Real Est
Office Phone
(864) 585-8713
Agent Name
Brian Hurry

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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.