Home for Sale at 5157 STANSBURY DRIVE, SOLON, OH 44139

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5157 Stansbury Drive
Solon, OH 44139

Laura Lyons with Schmidt Realty, original listing - (440) 526-0500

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Property Details

List Price:	$459,900
Beds:	4
Baths:	Full: 2, ½: 1
Status:	Active
SqFt:	3083 Square Feet
Agency:	Schmidt Realty
Agency Phone:	(440) 526-0500

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Description/Comments

Lot Size:	0 acre(s)
Property Type:	Residential-Single Family Residence
Year Built:	1979
Notes:	Beautiful North Solon home with over 3,000 square feet of living space, situated on a pretty inside corner lot surrounded by all of nature's autumn splendor! The private back yard is perfect for entertaining and has a gazebo as well as a brick patio. The grand foyer opens to the light filled vaulted living room with picture window and dining room with newer bay window-both rooms have recently installed hardwood flooring. The kitchen is next to the dining room and boasts granite countertops, stainless appliances, and an additional pantry cabinet conveniently located next to the refrigerator. Two steps down from the kitchen is the huge family room which has a newer wood burning fireplace insert and a sliding door to the patio. There's a wall of closets and a powder room near the large first floor laundry room which has cabinets and a washtub. Upstairs there are 4 large bedrooms including the primary suite with it's own bathroom and recently remodeled shower. Tankless water tank and security system. The oversized 2 car side load garage is extra wide and extra deep. Close to the South Chagrin Reservation Metroparks. Well known landmark, Miles Market is right up the street. Residents of Solon can join the pool and rec center and the Solon Senior Center is close by. Minutes to Pinecrest and Chagrin Falls shopping and dining. Approximately a 30 minute drive to downtown, Cleveland Clinic, CWRU, University Circle, wonderful museums for everyone! AWARD WINNING SOLON SCHOOLS and an amazing library as well as 3 fire departments that service the city. ONE YEAR HOMEWARRANTY IS OFFERED TO THE NEW BUYER.
MlsNumber:	--
ListingId:	5080081

Listing Provided By:	Schmidt Realty, original listing
Phone:	(330) 998-4762
Office Phone:	(440) 526-0500
Agent Name:	Laura Lyons
Disclaimer:	Copyright © 2024 Coldwell Banker Schmidt 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.

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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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