Home for Sale at 5607 Sheba Drive, Belmont, MI 49306

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5607 Sheba Drive
Belmont, MI 49306

Lance Tiffany with Greenridge Realty (Cascade), original listing - (616) 949-8900

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Property Details

List Price:	$539,000
Beds:	3
Baths:	Full: 3
Status:	Active
SqFt:	2672 Square Feet
Agency:	Greenridge Realty (Cascade)
Agency Phone:	(616) 949-8900

Map Details Show Map | Show StreetView

Description/Comments

Lot Size:	0 acre(s)
Garage:	Garage
Property Type:	Residential-Single Family Residence
Year Built:	2017
Notes:	Like new craftsman style ranch home in highly sought after Boulder View Community. The front porch made for sitting and enjoying a cup of coffee with the rising sun beaming on your face is the first of many spectacular features this 3 bed, 3 Full bath home in Plainfield township offers. Upon entering the home, you can't help but notice the pride of ownership. Beautifully lit main level living room with 11-foot ceilings and a fireplace opens to a walk-through dining room. The kitchen boasts a large center island, snack bar, quartz counter tops, soft close doors/drawers and ample pantry storage. Main floor primary ensuite offers a spacious bedroom, large walk-in closet, floor to ceiling tiled shower and is adjacent to main level laundry room, 2nd main level full bath and a second bedroom. Lower level offers a sizeable family room with full length daylight windows, a 3rd bedroom, 3rd full bathroom, a partially finished 4th bedroom/exercise room and plenty of storage. On a beautiful day you can take in the afternoon sun on the rear deck, located just off the dining room and with a large group you can migrate down the deck steps and enjoy the newly poured concrete patio. This amazing home has in-ground irrigation, an invisible pet fence and is a short walk down neighborhood sidewalks to Boulder Creek Golf Course and Restaurant. Why wait for a new build to be completed when you have the opportunity to own a like-new home for less?! Call to set up your private showing today. No Showings until 1pm on Friday 3/21.
MlsNumber:	--
ListingId:	25010619

Listing Provided By:	Greenridge Realty (Cascade), original listing
Phone:	(616) 262-5488
Office Phone:	(616) 949-8900
Agent Name:	Lance Tiffany
Disclaimer:	Copyright © 2025 Michigan Regional Information Center, LLC. 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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