Home for Sale at 1207 Monroe Avenue, Winthrop Harbor, IL 60096

1207 Monroe Avenue
Winthrop Harbor, IL 60096

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Property Details

List Price:	$424,900
Beds:	4
Baths:	3
Status:	Pending
SqFt:	2349
Agency:	RE/MAX Showcase

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Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	2000
Notes:	GORGEOUS 2-STORY in one of Winthrop Harbor's favorite neighborhoods!! Almost 4,000 finished square feet!! This elegant property boasts a Grand Foyer leading into a Formal Dining Room or Den, all adorned with Gleaming Hardwood Floors. The spacious Family Room, Mainfloor Primary Suite, and Remodeled Kitchen also feature these stunning Hardwood Floors. Recently updated, the Kitchen showcases Stainless Steel Appliances, New Sink and Faucet, New Cabinets, Quartz Countertops, and a tiled Backsplash - simply Beautiful! Open Concept from Kitchen to Family Room, where you will find a Cathedral Ceiling with trendy wood beams and a Warm Gas Fireplace with insert. French doors lead to the Main Floor Primary Suite, complete with a Walk-in Closet and a Luxurious Bath featuring a soaker corner tub and separate shower. PLUS there is a Main Floor Laundry Room complete with Washer & Dryer, and a remodeled Half Bath.Upstairs, discover 3 more Bedrooms and a Full Bath, all freshly painted and adorned with New Carpet and fixtures. Attic storage provides ample space for belongings. The Full Finished Basement offers additional Living Space, with Huge Family Room, Bult-In Bar, and Shelving, plus loads of Closet Space! New Carpet on the stairs, escape windows, and stubbed for a half bath (with the potential to easily convert to a full bath). Recent upgrades include a new sump pump with battery backup, Brand New Roof (in process), Newer Garage Door, and New A/C in 2023. The Tankless hot water heater, less than four years old, ensures efficient energy usage. Convenient 3 Car Attached Garage! Dream Yard with Large Deck, and a Newer white vinyl fence and Playset for the Kids. All New 6 Panel Doors and LED Lighting! The optional removal of the sunroom/lean-to on the back of the home adds flexibility to the space, allowing for personalized preferences. MUST See all this home has to offer!
MlsNumber:	12012442

Listing Provided By:	RE/MAX Showcase, original listing
Name:	RE/MAX Showcase
Phone:	(847) 596-6100
Office Name:	RE/MAX Showcase
Office Phone:	(847) 596-6100
Agent Name:	Lori Mattice
Disclaimer:	Copyright Â© 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

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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or licensed by the US Department of Housing and Urban Development

USHUD.com is an Equal Housing Opportunity

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