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457 Shady Rd
Oliver Springs, TN 37840
Sharon Vagasky with Rocky Top Realty, original listing - (865) 498-0183
$1,200,000
Conventional
Property
Bedroom
4
Bathroom
Full: 2
Property Type
Conventional
Square ft
2044 Square Feet
Property Description
Absolute Picturesque rare find and literally minutes from the very popular Windrock Park and campground. This property has so much to offer with 17 acres of a unique blend of landscapes including a mix of flat, rolling, level, clear and wooded areas, There is a spring fed pond, creek, 6 horse stable, Storage shed, 125 ft deep well, cistern, 3 different septic systems, water supply and electricity spread out in different areas for future expansions with natural gas hook up on site. This is a nature lovers haven with plenty of wild life! Out back is a huge Fire pit for enjoying family and friends in the fall evenings. Detached 2 car garage w/new roof, plenty of parking space, even for your RV. The home boasts modern finishes with an abundance of natural light, and fresh paint with new fandeliers in every room. Eat-in kitchen features double oven self cleaning range, dishwasher, refrigerator, new microwave and pantry. A formal dining room for family dinners and down from the foyer is a private office. The spacious primary suite includes an extra large walk-in closet and private bath. 3 bedrooms down the hall with large walk-in closets. A cozy porch that extends across the front of the home to sit and take in the very prestigious country setting around you. Total privacy but yet a 15 minute drive to Oak Ridge where you will find plenty of shopping, restaurants, Theaters, bowling and so much family entertainment. Excellent medical facilities, and Oakridge Methodist Medical Hospital. 23 minutes to Kingston, and 40 minutes to Knoxville. NO RESTRICTIONS! Professional Photos coming soon! Showings begin Oct 1st.
Property Information
Lot Size
17 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2008
MLS Number
--
Location
Address
457 Shady Rd
City
Oliver Springs
State
TN
Zip Code
37840
County
ROANE
Listing
Name
Phone
(865) 498-0183
Office Name
Office Phone
(865) 498-0183
Agent Name
Sharon Vagasky
Agency Phone
(865) 498-0183

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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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USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

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.