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8839 Hebbertsburg Rd
Crab Orchard, TN 37723
$549,000
Conventional
Property
Bedroom
3
Bathroom
2
Property Type
Conventional
Square ft
1573
Property Description
Attractive Custom built Country home with striking curb appeal. Completed and occupied February 2022. Stick built home on concrete slab with no crawl space or basement. Five acres partially cleared with a very gradual slope. It has a real country feel. Two miles from Catoosa wild life management area. Lots of hunting close by and canoeing, kayaking with miles of trails for the outdoor enthusiasts. NO Home Owners Association and no restrictions, so bring your chickens, horses and family pets. Metal roof. Double attached garage with extra built in shelving. One Rubbermaid storage shed for mowers etc. on a concrete base. An area by the house has been cleared to make way for RV standing, barn, workshop what ever your heart desires. The home is 1573 sq ft. The large front and rear covered decks with 2 rear out door ceiling fans increase the room for relaxing and outdoor family pursuits. The rear deck is pre-wired for a hot tub just outside the bedroom door. Both concrete decks have recently been coated professionally in an outdoor concrete flake system with a seven years guarantee against yellowing and delamination and could easily be screened in. The master bedroom has a double vanity, an elongated toilet with a recently installed walk-in tiled shower, with double sliding glass doors. The second has a shower tub, extra deep for those relaxing soaks,19 inches deep to the overflow with a single vanity & elongated toilet. Bedroom 1 has a walk-in wardrobe. Bedroom 2 and 3 have large double door wardrobes with lights plenty of storage space. All bedrooms and lounge area have lights and ceiling fans with remote controls. All the floors are wood laminate. Tongue and groove. The home comes with a fully owned Culligan water softener and whole house filtration system with a reverse osmosis sink spigot. There are motion light detectors on each corner and an assumable Brinks burglar and fire monitoring system. The internet is provided from fiber to the pole. The nearest neighbors each have 5 acres. 11 miles from the supermarket and six miles to the post office, banks and filling stations at Fairfield Glade. Just close enough, but just far enough away. The road is paved and county maintained. Zillow shows this house sold in February 2023 but its a mistake on their part it has been owned by the present owners since completion. Mortage is assumable by a VA approved candidate with a rate from days gone by of 2.99% . Home comes with whirlpool washer and drier electric stove microwave Fridge freezer dishwasher. Owned Security system Rubbermaid storage shed Chicken coops
Property Information
Lot Size
5 acre(s) square ft
Property Type
Residential
Year Built
2022
MLS Number
1259042
Location
Address
8839 Hebbertsburg Rd
City
Crab Orchard
State
TN
Zip Code
37723
County
CUMBERLAND
Listing
Provider
United Real Estate Solutions, original listing
Name
United Real Estate Solutions
Phone
(865) 621-2040
Office Name
United Real Estate Solutions
Office Phone
(865) 444-2400
Agent Name
Braddock Tollett

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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.