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417 Ridgecrest Rd
Luttrell, TN 37779
$299,950
Conventional
Property
Bedroom
3
Bathroom
1
Property Type
Conventional
Square ft
2450
Property Description
Take a peek at this sprawling 3 bedroom, 1 bath house that offers so much space and potential to customize to your needs! This residence has been extensively updated inside and out in a show of pride-of-ownership. These updates begin at the curb with newer dimensional shingle roof, new 6″ gutters, 3″x4″ downspouts and 8 sets of shutters, plus some new windows. Located on a large 1.17-acre lot in a lovely country setting, you'll notice the 10′ x 24′ covered front porch as soon as you drive up. Wood walkways all the way around the home connect outdoor spaces, where you'll find plenty of places to kick up your feet and enjoy the views. Step inside where the living room opens to the kitchen and new oak hardwood floors span throughout. New appliances enhance the functionality of the home, and fresh paint breathes new life into each room. The unique 2,450 SF floor plan boasts several large rooms to use as additional living space, including a living room, a dining room, a family room, a bonus room and an office. A large 20' x 24' deck with fresh stain is tucked off the living room and accessed via French doors. It offers partial shade, perfect for alfresco dining or lounging. The large bathroom has double sinks, and the plumbing has all been redone and the large laundry room makes chore time a breeze. This home provides so much storage including a huge cedar-lined walk-in closet, which could be converted to an additional bedroom if needed. Large den on the back of the house with an adjoining office or possible bedroom adds great flexibility for any lifestyle need. A spiral staircase leads down to the 19′ x 23′ garage workshop providing endless uses. New carpet and central heat/air in the main house, plus the residence is connected to utility water. Another bonus of the property is the detached 16′ x 26′ building at the rear of the home that could be converted to additional living space or standalone apartment. Large detached 20′ x 24′ storage building/garage serves as additional parking or workshop space, perfect for the mechanic or DIYer! Boasting 235.78′ of road frontage, this house catches your heartstrings at first sight and continues to impress with its endless possibilities. Contact now to start dreaming and planning!! Buyer to verify all information.
Property Information
Lot Size
1 acre(s) square ft
Property Type
Residential
Year Built
1975
MLS Number
1262220
Location
Address
417 Ridgecrest Rd
City
Luttrell
State
TN
Zip Code
37779
County
UNION
Listing
Provider
Hometown Realty LLC, original listing
Name
Hometown Realty LLC
Phone
(865) 693-7653
Office Name
Hometown Realty, LLC
Office Phone
(865) 693-7653
Agent Name
Ryan Coleman

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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.

Free Foreclosure Listings

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.