Home for Sale at 2010 COLLEGE DR, Baton Rouge, LA 70808

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2010 College Dr
Baton Rouge, LA 70808

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Property Details

List Price:	$245,000
Beds:	4
Baths:	2
Status:	Active
SqFt:	1611
Agency:	Keller Williams Red Stick Partners

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Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	1960
Notes:	Welcome to this charming 4 bedroom, 2 bathroom home nestled in the desirable Westdale Terrace subdivision. As you step inside, you'll be greeted by a warm and inviting atmosphere, with a spacious living and dining area adorned with beautiful wood flooring. The layout creates a seamless transition into the kitchen, which boasts tile flooring, elegant tile countertops, and convenient access to the utility room. The primary suite of this home offers ample space with its generous closet and open windows. One of the standout features of this home is its spacious and private nature. The spacious backyard offers a serene outdoor space, perfect for relaxation or entertaining. Plus, with two garage spaces in the front and two carport spaces in the back, there is ample parking for multiple vehicles. Location-wise, this home is a true gem. Situated on College Dr., right by the interstate, you'll enjoy easy access to transportation, making your daily commute a breeze. Additionally, you'll find an abundance of local shops, restaurants, and entertainment options just moments away, providing you with endless opportunities for leisure and enjoyment. For families with children, this property is ideally located a stone's throw away from Westdale Heights Academic Magnet school, ensuring a convenient and top-tier education for your little ones. This charming home in Westdale Terrace offers a delightful blend of comfort, convenience, and privacy. HVAC system and ductwork is brand new, and the roof is 3 years old!
MlsNumber:	2023011031

Listing Provided By:	Keller Williams Red Stick Partners, original listing
Name:	Keller Williams Red Stick Partners
Phone:	(225) 768-1800
Office Name:	Keller Williams Realty Red Stick Partners
Office Phone:	(225) 768-1800
Agent Name:	Trey Willard
Disclaimer:	Copyright Â© 2024 Greater Baton Rouge Association 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.

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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.

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.

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.

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