Home for Sale at 1714 PRESTON ROAD, ALEXANDRIA, VA 22302

1714 Preston Road
Alexandria, VA 22302

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Property Details

List Price:	$360,000
Beds:	1
Baths:	1
Status:	Active
SqFt:	805
Agency:	Samson Properties

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Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	1941
Notes:	UPDATE 4/12/24: OWNERS HAVE OFFERED A CREDIT IN THE AMOUNT OF $2500.00 TO GO TOWARDS NEW KITCHEN APPLIANCES!!<br /> <br /> Beautifully maintained condo in conveniently located Historic Parkfairfax! This sun drenched one bedroom, one bath condo has been painted throughout. It has updated Central A/C and Heat throughout, MINISPLITS with a dual system! Minisplits also have a dehumidifier feature as well. If you are looking for a quiet solution for your A/C and Heat, this is it! <br /> <br /> The Kitchen was designed by Architect Salvatore Benvenga! The inviting Kitchen has granite counter tops and plenty of cabinets. It also has a gas range, and natural cork flooring. A breakfast bar for three is a great addition! It has a very spacious master bedroom with lots of closet space! One year old washer and dryer are conveniently located in hall closet. There is a laundry room in the adjacent building for bulky items if needed. This condo has only had two owners. <br /> <br /> The many amenities includes 3 outdoor swimming pools, tennis courts tot lots, Gym, Close to shopping, Fairlington Shopping Center, Bradlee Shopping Center, Pentagon City Mall, and Bailey's Crossroads. Restaurants, entertainment and all major access routes. And remember, Amazon is here, as well as Raytheon and Boeing and very close by! Just minutes from Arlington and DC! * You don't want to miss this one!*<br /> <br /> This Condo is Energy Efficient! The Energy Efficient Upgrades are listed below. <br /> -Attic completely insulated with 16 inches of cellulose blown in (except for area where boxes can be stored and exhaust fan from bathroom)<br /> -Insulating "tent" placed over attic hatch in the attic to keep cold air out of condo in winter and heat from summer sun<br /> -Insulation sprayed behind toe molding to reduce drafts on floor; insulation sprayed between dry wall and outer wall around windows.<br /> -Weather stripping applied around all doors and windows<br /> -Installed Mitsubishi Mini-Split system for heating/cooling/dehumidifying - two units mounted on wall - one in bedroom and one in living area each with separate thermostats. Condensate lines hidden in a Soffit.
MlsNumber:	VAAX2031902

Listing Provided By:	Samson Properties, original listing
Name:	Samson Properties
Phone:	(703) 896-5869
Office Name:	Samson Properties
Office Phone:	(703) 378-8810
Agent Name:	Randall Woods
Disclaimer:	Copyright Â© 2024 Bright MLS. 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.

USHUD.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

USHUD.com is an Equal Housing Opportunity

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