Home for Sale at 857 South Brownell Road, Williston, VT 05495

Refine Search

857 South Brownell Road
Williston, VT 05495

Geri Reilly with Geri Reilly Real Estate, original listing - (802) 862-6677

« Prev

Property Details

List Price:	$439,900
Beds:	3
Baths:	Full: 1
Status:	Active
SqFt:	1297 Square Feet
Agency:	Geri Reilly Real Estate
Agency Phone:	(802) 862-6677

Map Details Show Map | Show StreetView

Description/Comments

Lot Size:	0 acre(s)
Garage:	Garage
Property Type:	Residential-Single Family Residence
Year Built:	1952
Notes:	Charming 3 bedroom, 1 bathroom ranch style home with beautiful hardwood floors and woodwork throughout the house. This home has been cared for and in the same family since it was built! Great opportunity to revamp this elegant home and mix a modern flare with the classic touch it already has. As you walk inside you will betaken back by the craftsmanship throughout. You have what once was a one car garage that has transitioned into additional living space, perfect for a den or office.The kitchen/dining room gives you the opportunity to socialize and chef things up in the large, open space. The oversized living room brings in an abundance of naturallight making it an inviting space to spend time relaxing. Additionally, on the first floor you will find three bedrooms all decent sized and a shared bathroom that is readyfor you to give it new life. And if that wasn’t enough, you have a full basement, and large detached two story, two car garage and shop with additional space above for storage. The lot itself is 0.55 acres—almost double in size of that compared to most neighbors. A portion of the lot is wooded in the back which creates a peaceful and private setting. This property is ready for its next owner and the possibilities are endless! Convenient Williston Location, minutes to Taft’s Corners, Finney Crossing, I-89 andBurlington. Minutes to UVM, UVM Medical Center, and more.
MlsNumber:	--
ListingId:	5017247

Listing Provided By:	Geri Reilly Real Estate, original listing
Phone:	(802) 862-6677
Office Phone:	(802) 862-6677
Agent Name:	Geri Reilly
Disclaimer:	Copyright © 2024 PrimeMLS. 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

Shawn Cheney

eXp Realty

Main: (802) 782-0400

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 -