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752 New Light Rd
Winfield, TN 37892
Jordan Lambert with Tennessee Life Real Estate Professionals, original listing - (865) 357-6510
$389,000
Conventional
Property
Bedroom
3
Bathroom
Full: 2
Property Type
Conventional
Square ft
2165 Square Feet
Property Description
Welcome to this beautiful turn-key home, nestled in the serene setting of Winfield, TN. This home has had everything done to perfection and is move in ready. Offering 3 spacious bedrooms and 2 full bathrooms, this property combines modern updates with cozy charm, making it the perfect place to call home. Original home was a manufactured home, but now includes frame built additions with block foundations on both sides of the home as well as porches on 3 sides, and a ton of upgrades. Step inside to find vaulted ceilings and a semi-open floor plan, complemented by durable laminate flooring throughout, with waterproof flooring in the kitchen and bathrooms. The custom-made hickory kitchen cabinets are beautiful and functional, laminate countertops, and black stainless appliances—including a Side by Side Refrigerator, smooth-top range, dishwasher, and microwave—create a dream kitchen. A stainless-steel sink with garbage disposal and dimmable can lighting add functionality and ambiance to this space. Elegant arched doorway in the kitchen leads seamlessly into the dining room, creating a warm and inviting flow for entertaining or family meals. The home features vinyl tilt-in windows adorned with 2-inch venetian slatted blinds Home features painted walls with a stylish knockdown finish. French doors leading out to the expansive porches provides elegance and flow. The dining room boasts a free-standing gas fireplace with an oak mantle and hearth, ceiling fans in every room and a 4-year-old gas furnace ensure comfort year-round. The master suite is a true retreat, offering two closets ,one with mirrored sliding doors, that run across the entire side wall giving plenty of storage and a walk in closet. Attached master bathroom with a tub/shower combo. French doors leading out to the back deck. Newly installed tankless water heater for endless hot water. The utility room has multiple cabinet storage, with counter space for folding, and a sink base. The den or office also opens to the back porch, providing a peaceful space for work or relaxation. Outdoor living is a highlight of this home, featuring a wrap-around covered side, back and front porch, porches are adorned with ceiling fans for comfort on warm days, and the rebar slats in the porch railing add a stylish, modern touch. Fenced in back yard for your pets. Impressive Garage and Additional Amenities This property includes a stunning stand-alone garage, color-matched to the home, measuring an expansive 50' x 50'. The garage is a dream for hobbyists or professionals, featuring three wireless remote-operated 12' x 14' H garage doors, concrete floors, and is completely wired and plumbed. Garage includes three 30-amp receptacles, RV hookups with hot and cold water, a floor drain connected to its own septic system for sanitation, and mounted air hoses for each bay. A negotiable floor lift is also available if wanted for vehicle projects. Above the garage, there's a 16' x 16' loft for additional storage, room, office or workspace. Below, you'll find a fully equipped Bathroom, complete with a stand-up shower featuring dual shower heads, a urinal, a commode, and a vanity with a single sink. Outside, there's a 12' x 50' concrete storage pad, ideal for parking an RV or other large vehicles. Garage is on its own Septic tank. Additionally, the property includes two wired storage sheds, offering even more space for tools, equipment, or hobbies. An additional electric and sewer hook up on the lower part of the property with its own driveway where you could add an additional home. Located in a beautiful and quiet area, this home offers everything you need for comfort, style, and functionality. Schedule a showing today and experience all this incredible property has to offer!
Property Information
Lot Size
1 acre(s) square ft
Property Type
Residential-Other
Year Built
1994
MLS Number
--
Location
Address
752 New Light Rd
City
Winfield
State
TN
Zip Code
37892
County
SCOTT
Listing
Name
Phone
(423) 539-1427
Office Name
Office Phone
(865) 357-6510
Agent Name
Jordan Lambert
Agency Phone
(865) 357-6510

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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.