Home for Sale at 2320 Terrace Avenue, Winterset, IA 50273

2320 Terrace Avenue
Winterset, IA 50273

« Prev

Property Details

List Price:	$850,000
Beds:	4
Baths:	4
Status:	Pending
SqFt:	2009
Agency:	Madison County Realty

Map Details Show Map | Show StreetView

Description/Comments

Lot Size:	38 acre(s)
Property Type:	Residential
Year Built:	2003
Notes:	This acreage has everything you are looking for,,,and more! Let's start outside with the gorgeous 38 acres - 2 stocked ponds, timber and amazing views. As you walk from the house to the horse barn(30x40) on the concrete sidewalk, you'll pass by the 10x14 shed that currently houses peacocks and chickens. The horse barn has 4 stalls(room for 2 additional stalls)and a tack room. Pasture is fenced for horses. Mosey back to the house to take in the 4 bedroom, 4 full baths, 2009sf+1232 finished in LL. Spacious home office, 4 seasons sunroom overlooking the spectacular backyard. Huge laundry/mudroom off of the garage. The walk-out lower level features a heated floor, full kitchen, huge family room, theater room, 2 bedrooms, 2 full baths and a 2nd laundry room. From the LL walk-outside the amazing back entertaining area. You'll be WOWED by the 40x13 concrete pool. Swim up to the built-in table/chairs for a snack break. There is plenty of room for everyone to gather around the outdoor kitchen/bar for a meal. Don't miss the pool house, with a changing room and a half bath. There is also a space for an outdoor shower. 2 decks and a cool waterfall feature completes this amazing outdoor space. This is the ultimate acreage for entertaining large groups of people - bonfires, pool parties, target practice ,horse riding, fishing, ATV riding - you name it, you can do it.
MlsNumber:	695114

Listing Provided By:	Madison County Realty, original listing
Name:	Madison County Realty
Phone:	(515) 462-3120
Office Name:	Madison County Realty
Office Phone:	(515) 462-3120
Agent Name:	Jennifer Stover
Disclaimer:	Copyright Â© 2024 Des Moines Area Association of REALTORS Â®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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.

USHUD.com is a private company not affiliated or associated with or endorsed, authorized, approved, sponsored
or licensed by the US Department of Housing and Urban Development

USHUD.com is an Equal Housing Opportunity

- Pat. 7,813,958 - Pat. 7,958,007 - Pat. 8,046,258 - Pat. 8,073,737 - Pat. 8,190,476 - Pat. 8,195,514
- Pat. 8,306,856 - Pat. 8,412,576 - Pat. 8,510,165 - Pat. 8,825,527 -