Home for Sale at 135 MARKET LN, Myrtle Creek, OR 97457

135 Market Ln
Myrtle Creek, OR 97457

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Property Details

List Price:	$1,149,900
Beds:	3
Baths:	2
Status:	Active
SqFt:	2184
Agency:	Keller Williams Realty Southern Oregon Umpqua Vall

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Description/Comments

Lot Size:	22 acre(s)
Property Type:	Residential
Year Built:	2015
Notes:	Situated in the Umpqua Valley, this property offers an exceptional opportunity as a multi-generational property. 22.84 acres of farm land on 3 tax lots! Perfect property for a farmer's market, row crop, or fruit stand! Excellent hay crop and fenced for animals. The main home, custom-built for the owners, boasts a single-level design adorned with exquisite hardwood flooring throughout. The bedrooms are carpeted for added comfort, creating a cozy retreat after a long day. The heart of the home is the gourmet kitchen, complete with a cooking island and elegant granite countertops. Imagine preparing meals using the double built-in ovens, a dream for any cooking enthusiast. Indoor and outdoor entertaining is a breeze with the full-length covered patio. For those with a passion for hobbies or storage needs, a spacious 3-bay shop awaits, providing ample space for all your toys and equipment. Additionally, there is a machine shed and livestock building, catering to various agricultural needs. A unique feature of this property is the former silo, artfully converted into a storage area with an upstairs loft/bonus room and a full-circle walk-around deck. This versatile space offers endless possibilities, whether it be a cozy retreat, a hobby room, or a serene spot to enjoy the panoramic views. Dedicated workshop area. Additionally, a greenhouse allows for the cultivation of your favorite plants and flowers. No ranchette would be complete without a barn. With its presence, you can accommodate livestock or pursue equestrian interests. In addition to the main home, there are two other homes on the property, offering additional living spaces for extended family or rental opportunities. The property comes with irrigation equipment and lines included, ensuring optimal use of the old water rights that come with this ranchette. The property is zoned for exclusive farm use and 5R, allowing for a multitude of agricultural uses.
MlsNumber:	24498674

Listing Provided By:	Keller Williams Realty Southern Oregon Umpqua Vall, original listing
Name:	Keller Williams Realty Southern Oregon Umpqua Vall
Phone:	(541) 529-2320
Office Name:	Keller Williams Southern Oregon-Umpqua Valley
Office Phone:	(541) 529-2320
Agent Name:	Mary Gilbert
Disclaimer:	Copyright Â© 2024 Regional Multiple Listing Services. 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

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