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1520 Shiloh Church Rd
Pauline, SC 29374
Maegan Watson with Keller Williams Realty on Main, original listing - (864) 583-1000
$725,000
Conventional
Property
Bedroom
5
Bathroom
Full: 3, ½: 1
Property Type
Conventional
Square ft
3348 Square Feet
Property Description
This stunning home on almost 8 acres in Pauline is the peaceful, country retreat you've been looking for. Boasting over 3300+ sq feet, on prime hunting land with an inground saltwater pool and equestrian stable, this home has something for everyone. Upon entering the home you'll find original hardwood flooring on the main floor. To the right is your dining room and spacious primary bedroom. Coupled with dual closets, and a large primary en-suite with a soaker tub you'll never want to leave this retreat. Your living room has a gas burning fireplace with built in bookcases. You'll never run out of storage space in your kitchen with gorgeous oak cabinetry. A massive island that can seat 4 people is perfect for gatherings. The sink is situated under the window so you can see the pool and stunning outdoor space. A half bath, large laundry room and 3 bay garage with kitchenette (as-is) finishes off the first floor of this expansive home. Upstairs you'll find 4 oversized bedrooms. The bedroom to the left has its own en-suite along with a secondary area that could be a small den or office. The other 3 bedrooms share a guest bathroom with dual vanities. Outside you'll find a saltwater pool with diving board, hot tub and covered eating area for picnics and grilling. The pool house makes entertaining even better or could double as a mother in law suite. It has its own space for a small kitchenette, bathroom and 2 rooms you can transform into your own oasis. For the equestrian in your life, they'll enjoy the 5-stall barn (as-is) equipped with power, water and a lockable feed/tack room. The detached garage has 3 bays plus 4 covered parking spaces for vehicles or equipment. It has 110 and 120 volt outlets for any type of equipment needs along with power and water. Enjoy those front porch evenings watching the wildlife at your new home, this home is sure to impress and won't be available long! **Open house to be held February 2nd 1-3 PM**
Property Information
Lot Size
7 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1997
MLS Number
--
Location
Address
1520 Shiloh Church Rd
City
Pauline
State
SC
Zip Code
29374
County
SPARTANBURG
Listing
Name
Phone
(864) 574-6000
Office Name
Office Phone
(864) 583-1000
Agent Name
Maegan Watson
Agency Phone
(864) 590-5401

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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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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.