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2024 Silver Sycamore Ln
Dumfries, VA 22026
Cathleen Connolly with Gainesville/Manassas, original listing - (888) 536-0216
$960,000
Conventional
Property
Bedroom
6
Bathroom
Full: 5
Property Type
Conventional
Square ft
--
Property Description
Move in immediately to this beautiful walk-out wooded lot and start the new year in your new home! This stunning, two-year-old property, situated on a premium lot in the prestigious Potomac Shores community, has been immaculately maintained with thoughtful updates. It offers six bedrooms and five bathrooms, including a convenient main level bedroom with an ensuite. The spacious, open floor plan is perfect for entertaining featuring numerous upgrades and finishes, including a 55-inch electric fireplace and 77-inch wall mounted Sony OLED with Sonos Arc soundbar. The gourmet kitchen features upgraded cabinets with under-cabinet lighting, exquisite quartz countertops, and a stunning waterfall island. The spacious sunroom offers perfect views of the mature trees in the rear yard and seamlessly extends to a beautiful Trex deck, enhancing your outdoor living experience. The finished walk-out basement features an additional bedroom and full bath with in-wall speakers, offering flexible space with various possibilities due to the plumbed rough-in for a wet bar. Additionally, the newly laid patio provides an excellent outdoor space for relaxation and entertainment. End each day in the magnificent master suite, complete with a sitting room, dual closets, and a luxurious bathroom with a soaking tub and frameless tiled shower. Professional upgrades include a soft water filter, a tankless water heater, and a comprehensive smart home and energy efficiency system. This system features a home security and technology setup with Cat6 network cables, wireless access points, and low voltage enhancements. Additionally, a second HVAC unit was installed in 2023 to ensure optimal comfort throughout all seasons. This year, an inground sprinkler system was added to maintain the beauty of your outdoor space, matching the quality of your indoor living areas. Save yourself time and money with $160K+ upgrades already included! Don't miss out on this incredible opportunity to live in luxury and comfort! Contact us today to schedule a private tour and make this beautiful home yours. Located near the Shores Club pools, gym, and social barn, as well as the Potomac Shores Golf Course and Clubhouse/Tidewater Grill, this exceptional home offers the best location and lifestyle. Potomac Shores features an extensive list of amenities for residents of all ages: Fitness and Relaxation: Enjoy swimming pools and a charming Fitness Barn, perfect for workouts and yoga enthusiasts. For sports lovers, there are multipurpose fields for soccer, baseball, and more, along with numerous walking trails to explore. Events and Social Clubs: The community brings residents together to share hobbies and passions, offering activities such as kickboxing, sewing, cooking, cigars, and craft whisky. Additionally, there are annual Sip-and-Paint nights, Book Clubs, and a Community Garden to join. Nearby attractions include: Historic Dumfries: Explore historic sites, museums, and architecture that offer a glimpse into the past. Potomac Mills Mall: A large outlet mall just a short drive away, featuring a wide assortment of stores. Marine Corps Quantico: Conveniently located for those in the defense sector with many military org's. Easy Commute to DC: With access to I-95 and a Virginia Railway Express station being built within the community, commuting to Washington D.C. is easy and convenient, offering countless cultural and historic attractions.
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2022
MLS Number
--
Location
Address
2024 SILVER SYCAMORE LN
City
DUMFRIES
State
VA
Zip Code
22026
County
PRINCE WILLIAM
Listing
Name
Phone
(888) 536-0216
Office Name
Office Phone
(888) 536-0216
Agent Name
Cathleen Connolly
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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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.