Home for Sale at 359 Beulaville Highway, Richlands, NC 28574

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359 Beulaville Highway
Richlands, NC 28574

Wesley Hart with Century 21 Coastal Advantage, original listing - (910) 353-7755

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Property Details

List Price:	$425,000
Beds:	3
Baths:	Full: 2
Status:	Active
SqFt:	1609 Square Feet
Agency:	Century 21 Coastal Advantage
Agency Phone:	(910) 353-7755

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Description/Comments

Lot Size:	9 acre(s)
Property Type:	Residential-Single Family Residence
Year Built:	1988
Notes:	This is the one you have been waiting for! a total renovation in 2015 with a majority of the important items replaced. The chef in the family will love the spacious kitchen with rich custom 42'' cabinets, granite counter top, subway tile backsplash, pantry, and stainless steel appliances. The kitchen is large enough to be an eat in kitchen but if you looking for a more formal area there is a coffered ceiling room off the kitchen. The living room features engineered hardwood flooring, crown molding, arched entry ways, and wainscoting. The owner's suite is well-sized and includes an en-suite bath with beautiful tile work surrounding the shower. This home features a large detached 2 car garage with plenty of storage areas and even has 220V to supply heavy -duty tools. The highlight of this home is the almost 9 1/2 acres with its own private pond. This lot is nearly a blank canvas for for any of your outdoor wants and needs. Easy commute to both MCAS New River and Camp Lejeune. Make you appointment today and dont wait on this one as these properties rarely come on the market.
MlsNumber:	--
ListingId:	100487432

Listing Provided By:	Century 21 Coastal Advantage, original listing
Phone:	(910) 353-7755
Office Phone:	(910) 353-7755
Agent Name:	Wesley Hart
Disclaimer:	Copyright © 2025 Hive MLS / Jacksonville Board of Realtors NC. 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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