Home for Sale at 5111 Miembro, Laguna Woods, CA 92637

5111 Miembro
Laguna Woods, CA 92637

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Property Details

List Price:	$1,200,000
Beds:	3
Baths:	2
Status:	Pending
SqFt:	1592
Agency:	Century 21 Rainbow Realty

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Description/Comments

Lot Size:	1,592 sqft
Property Type:	Residential
Year Built:	1973
Notes:	Lovely remodeled VILLA SERENA residence in the sought-after Gate 11 neighborhood of the Laguna Woods senior community. This popular single-level detached three-bedroom, two-bath floorplan boasts nearly 1600 square feet of living space. This residence has excellent curb appeal and is situated on a quiet street centrally located within Gate 11 and far from busy roads and noisy highways. There are two outdoor patios. The front courtyard is perfectly suited for outdoor social entertaining or dining. The more private rear patio faces a narrow greenbelt and hillside and is a lovely tranquil spot for quiet outdoor relaxation. Enter the residence through a gorgeous front door with stylish glass inserts. The generous-sized living room easily accommodates large furnishings. The large kitchen boasts ample cabinetry and countertop workspace. Additional kitchen features include stainless steel appliances, granite countertops, pots and pans drawers, built-in trash/recycling drawer and soft-close cabinet doors and drawers. There is a lovely view of the front courtyard from the kitchen window. <br /> The original wall separating the kitchen from the living room has been removed and replaced with an extended breakfast bar that comfortably seats up to four. The primary bedroom has plantation shutters, ceiling fan and separate entrance to the rear patio. The primary bathroom features dual sinks, stone countertops and a walk-in shower with seat, grab bar and convenient accessory shelf. Either of the two guest bedrooms could serve as a home office, gym, sewing room or arts and crafts studio. One of the guest bedrooms has a nice outlook onto the front courtyard. The guest bathroom features a walk-in shower with grab bars and an accessory shelf. Additional features throughout the residence include central HVAC, smooth ceilings, recessing lighting, dual-pane windows and vinyl flooring in all rooms (except tile in the bathrooms). The oversized garage contains huge storage capacity, washer-dryer hookups and space for two vehicles plus golf cart. The driveway can accommodate two additional vehicles. There is also ample street parking for visitors. Do not miss this lovely home!
MlsNumber:	OC24042626

Listing Provided By:	Century 21 Rainbow Realty, original listing
Name:	Century 21 Rainbow Realty
Phone:	(949) 206-3630
Office Name:	Century 21 Rainbow Realty
Office Phone:	(949) 770-9626
Agent Name:	Chris Framan
Disclaimer:	Copyright Â© 2024 California Regional Multiple Listing Service, Inc. 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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