Home for Sale at 4835 Shelley Court, Waterloo, IA 50701

4835 Shelley Court
Waterloo, IA 50701

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Property Details

List Price:	$819,899
Beds:	5
Baths:	4
Status:	Active
SqFt:	3818
Agency:	Structure Real Estate

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Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	2020
Notes:	The word to describe this home is PREMIUM. There is more than meets the eye on this spectacular custom-built ranch. It is situated on nearly an acre lot in the highly desirable Nottingham subdivision. Premium interior and exterior products have been installed throughout. The exterior welcomes you with beautiful landscaping, over 40 recently planted trees, an irrigation system and a lovely covered front porch perfect for sunset viewing. LP siding and trims, Andersen Windows and Grand Sequoia, lifetime warranty, shingles are some of the premium features on the exterior! You will love the open and inviting feel of the interior as you step into the main floor which features beautiful hardwood flooring, specialty coffered and tray ceilings, top-of-the-line gas fireplace, neutral paint colors and the perfect blend of natural daylight and soft lighting throughout. The living room opens into a spacious kitchen with a double oven, electric stovetop, generous pantry space and custom cabinetry. Off the kitchen, you'll love the formal dining space that flows on the deck overlooking the backyard and the three-seasons porch that is perfect for your morning coffee. The private master suite features trey ceilings, walk-in closet, a spectacular master bath. Master bathroom offers a custom tiled shower with electronic controls for multiple shower heads. Also on the main level, there are two additional bedrooms - one with a walk-in closet and the other with its own private 3/4 bathroom. Finishing off the main level is an additional full bath with linen closet and a a drop zone and laundry room combination. The lower level is ideal for entertainment space with a full wet bar including a refrigerator, two separate family room spaces - a theatre room and another for a pool table and gaming for kids and adults alike. The private bonus room would function perfectly as an exercise room or office. There is also a hidden safe room/storm shelter, 2 more bedrooms and a 3/4 bath. Walk out sliders lead to the outdoor patio and fire pit space that is great for entertaining. GEOTHERMAL System provides an extremely efficient system with Ave electrical bill under $200. An enviable 1100 square foot garage will give you plenty of room for cars, yard equipment and more. There is also still time remaining on the tax abatement!
MlsNumber:	20242037

Listing Provided By:	Structure Real Estate, original listing
Name:	Structure Real Estate
Phone:	(319) 239-7805
Office Name:	Structure Real Estate
Office Phone:	(319) 239-7805
Agent Name:	Brian Wingert
Disclaimer:	Copyright Â© 2024 Northeast Iowa Regional Board of Realtors. 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

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