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175 Park View Drive
Blaine, TN 37709
Cathy Faulkner with eXp Realty, LLC, original listing - (888) 519-5113 xx101
$959,000
Conventional
Property
Bedroom
4
Bathroom
Full: 3, ½: 1
Property Type
Conventional
Square ft
3240 Square Feet
Property Description
Must see this incredible modern farmhouse. Situated on a sprawling 4+ acres, the property offers an idyllic setting with breathtaking views of the surrounding countryside. As soon as you step inside, you'll be captivated by the open-concept floor plan, high ceilings, and abundant natural light that create an inviting and spacious ambiance. The main level features a luxurious primary bedroom with an en suite that exudes elegance, along with a kitchen that is a true masterpiece featuring leathered granite countertops reverse osmosis system and ample storage space. The property also boasts office space, a convenient half bath, a mud room, and a laundry room on the main level, as well as a 3-car garage offering plenty of room for storage and projects. A tour of the upstairs reveals three additional bedrooms, including a beautiful bonus room with stunning views, and a second laundry room. The basement, with its ample space and potential, is designed to meet a variety of needs. Its has untapped 2125 sq feet with plumbing waiting for your imagination. Ask for the list of upgrades with fiber optic internet, smartbox, security system etc. The proximity to the Holston River and equine facility, as well as the allowance for horses and potential barn construction, add an extra layer of charm to this already enchanting offering. You can enjoy the Holston Park across the street with soothing sounds of the river. With downtown Knoxville and Sevierville just 30 minutes away and essential amenities within a short 10-minute drive, this property encapsulates the perfect blend of tranquility and convenience. I believe this home is a perfect match for your vision, and I'd be more than happy to arrange a viewing for you. Feel free to reach out for more details or to schedule a personal tour.
Property Information
Lot Size
4 acre(s) square ft
Property Type
Residential-Other
Year Built
2023
MLS Number
--
Location
Address
175 Park View Drive
City
Blaine
State
TN
Zip Code
37709
County
GRAINGER
Listing
Name
Phone
(888) 519-5113 xx101
Office Name
Office Phone
(888) 519-5113 xx101
Agent Name
Cathy Faulkner
Agency Phone
(888) 519-5113 xx101

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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.