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7309 Friden Dr
Falls Church, VA 22043
Ellen G Heather with Arlington, original listing - (888) 536-0216
$1,695,000
Conventional
Property
Bedroom
5
Bathroom
Full: 4, ½: 1
Property Type
Conventional
Square ft
--
Property Description
This Craftsman home, a Merion Home built in 2017, has just had a $23,000 refresh so that it is move-in ready for the next happy owners - fresh paint throughout, new carpet upstairs, and an updated Primary Bath. Enjoy living in nearly-new construction, with the added perks of this recent work as well as the owners' other additions over the short lifespan of the home. While they were involved with the initial construction and added many upgrades to the base model, they didn't stop there. Since 2017 they have added more to the kitchen (a backsplash, an additional pantry, a wine fridge), replaced the carpet in the main floor sitting room with wood flooring, upgraded the primary bath shower and added a frameless shower door. They also built out the basement... it now includes a rec room, a bonus room, a bedroom (with a huge walk-in closet) and a full bath adding approximately 1,342 square feet to the home's finished square footage (for a total of @4,400 - 4700 square feet, there are small differences between the assessor and the floorplan calculations). And they didn't stop at the house! They took on the backyard and made it a retreat, adding landscaping, extensive hardscaping and a play set. It is made for fun and relaxation and it is large enough for many synchronous activities such as kicking a ball, swinging on the playset, BBQing and relaxing around the patio's built-in fire pit. * The rooms in this home are all generously sized, plenty of space for everyone and everything. * The primary suite is well-construed in every way: nicely sized, positioned with a backyard view, sporting two walk-in closets, a sitting area drenched by natural light and a long, beautiful, updated bathroom. * The main floor is an entertainer's dream, anchored by the expansive kitchen. * The location of this home cannot be beat, it is on the quieter side of Pimmit, tucked back close to the many parks and playgrounds inside the community. Olney Park with all of its amenities is just a stone's throw away, as are a few different parks around Pimmit Run. * This address is in the Marshall High School pyramid. * Pimmit Hills is incredibly convenient, located near many great restaurants, stores, entertainment venues, public libraries, metro stations, major thoroughfares and surface streets that can get you to nearby Tysons Corner, McLean and the City of Falls Church quite easily. DC and MOCO are also readily accessible from this location. * The school bus stop is 2 blocks down from the home. * Don't miss this great opportunity to own a nearly new home with a grand backyard inside the beltway for under $2.0M. * Sellers would prefer a rent back till the end of the school year if possible (mid-June). * There are Alexa units around the house.*
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2017
MLS Number
--
Location
Address
7309 FRIDEN DR
City
FALLS CHURCH
State
VA
Zip Code
22043
County
FAIRFAX (NORTH)
Listing
Name
Phone
(888) 536-0216
Office Name
Office Phone
(888) 536-0216
Agent Name
Ellen G Heather
Agency Phone
(888) 536-0216

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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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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.