Home for Sale at 444 Arbor Ridge Drive, HAMPSHIRE, IL 60140

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444 Arbor Ridge Drive
Hampshire, IL 60140

Nicole Durbin with D.R. Horton - Chicago, original listing -

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Property Details

List Price:	$434,990
Beds:	4
Baths:	Full: 2, ½: 1
Status:	Active
SqFt:	2051 Square Feet
Agency:	D.R. Horton - Chicago
Agency Phone:

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Description/Comments

Lot Size:	0 sqft
Property Type:	Residential-Single Family Residence
Year Built:	--
Notes:	Welcome home to the Bellamy floor plan located in the Prairie Ridge community in Hampshire, IL. This 2-story single family home offers 4 bedrooms, 2.5 bathrooms, 2 car garage and 2,051 sq. ft. of living space. Imagine walking into your new home, as you enter through the front door you will see a study/flex space flowing to the foyer that has ample wall space for decor. As you walk down the hallway, you will see the guest bathroom, coat closet, and access to the stairs leading you to the second floor. This open concept floor plan flows seamlessly allowing the heart of the home to feel functional. This modern open concept design features large windows that bring in the light, and luxury vinyl plank flooring. Homeowners enjoy the design and functionality the kitchen provides. The kitchen features quartz countertops, stainless steel appliances, and a spacious walk-in pantry. An added bonus is the oversized built-in island that includes the sink and dishwasher, plus the ability to serve as a table or serving area. When it is time to wind down, the upstairs becomes the perfect haven. The laundry room is at the center of all the rooms and you will find three spacious secondary bedrooms with equal closet space, the second bathroom and a linen closet. The large primary bedroom sits at the front of the house and has plenty of space which includes an en suite bathroom with a double vanity sink, a private water closet, and a walk-in closet.
MlsNumber:	--
ListingId:	53407+530-53386-534060000-0927

Listing Provided By:	D.R. Horton - Chicago, original listing
Phone:	(847) 851-4644
Agent Name:	Nicole Durbin
Disclaimer:	Copyright © 2025 D.R. Horton. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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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.

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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.

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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.

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