Home for Sale at 1038 N Farm Road 235, Strafford, MO 65757

Refine Search

1038 N Farm Road 235
Strafford, MO 65757

Shirley Franklin with Alpha Realty LLC, original listing - (417) 818-1237

« Prev

Property Details

List Price:	$799,000
Beds:	4
Baths:	Full: 3
Status:	Active
SqFt:	5293 Square Feet
Agency:	Alpha Realty LLC
Agency Phone:	(417) 719-1560

Map Details Show Map | Show StreetView

Description/Comments

Lot Size:	10 acre(s)
Garage:	Garage
Property Type:	Residential-Single Family Residence
Year Built:	1999
Notes:	Location Location Location, Just 10 minutes from Hwy 65- Hwy 60 and I-44. This wonderful ALL BRICK walk out basement home with 5293 sq ft of living space. It was constructed with 8" walls and is very energy efficient with extremely low utilities. It offers 4 spacious bedrooms with room for more and 3 full baths. There are plentiful living spaces. There is a wood burning furnace in the basement with inside wood storage and it has an emergency propane backup in case the fire goes out. it has a generac generator in case of loss of power. It offers 2 large hot water heaters. The kitchen offers a chefs dream with 2 ovens, 1 dishwashers, 2 cooktops, trash compactor and tons of counter space. There is a pantry, large laundry and more. The upstairs living room has a gas fireplace and the downstairs family/recreation room has a wood stove. There are multiple decks that overlook an amazing view. The extremely large master suite offers spacious living along with a bathroom with a large soaker tub, walk in shower double sinks, large closets. The entire house has speaker system through out the home and a central vac system. There is 200 amp service to the house and fiber optic for great high speed internet. The property also has a 24'x60' shop, electric, insulated with heat and ac. There is an area already set up for raised bed gardening and 2 large rain catcher tanks to water the garden with. There is just so much about this house to make it such a good investment. Make sure you stop and take a look at this one.
MlsNumber:	--
ListingId:	11414040

Listing Provided By:	Alpha Realty LLC, original listing
Phone:	(417) 848-8540
Office Phone:	(417) 818-1237
Agent Name:	Shirley Franklin
Disclaimer:	Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Local Real Estate Expert

Adam Graddy

Graddy Real Estate - Keller Williams Realty

Call Today!: (417) 501-5091

Contact Me

USHUD.com on the Go!

Foreclosure Mobile App

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.

HudExchange.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

HudExchange.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 -