Home for Sale at 405 S Main Street, Stantonsburg, NC 27883

405 S Main Street
Stantonsburg, NC 27883

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Property Details

List Price:	$439,000
Beds:	3
Baths:	3
Status:	Active
SqFt:	2854
Agency:	ENC Pirate Realty

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Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	1910
Notes:	Well maintained home located in the quiet community of Stantonsburg, located just minutes from Wilson with ease of travel to Raleigh and Greenville. Enjoy small town living in this spacious well appointed home sitting on a large lot and includes a 1800 sq ft shop building. Walking distance to everything Stantonsburg has to offer including the post office, library, bank, parks and the local elementary school. The home features three large bedrooms (two downstairs) and three full baths, hardwood floors with walnut inlay, updated kitchen with custom cabinetry and granite countertops. The living room, formal dining room and kitchen are open to each other and give this older home a more modern style all while maintaining traditional characteristics including plantation shutters, wood paneling and coffered ceilings. Work from home? This home features a dedicated office space with a built in desk and room for additional storage. The downstairs primary bedroom features an on suite bath with separate walk in shower and Mansfield jetted tub and a large walk in closet. The additional downstairs bedroom has an attached bonus room that could be used as an office, workout space or dressing room adjacent to another large walk in closet. Upstairs you will find a large bonus room for additional living space, an additional bedroom with built in twin beds and cabinetry for storage and a full bath. Other highlights of this home include a wired security system, wired speaker system in the living room, central vacuum system, a laundry chute and two car carport. Outside you will find a large covered front porch and a nice rear deck and patio, great for relaxation and entertaining. The multi use shop building features a kitchen area, full bath, car lift and a loft storage area. The shop is also equipped to store an RV with power hook ups and a sewer disposal. An ideal space for any person who needs storage for their boat, RV or other toys.
MlsNumber:	100440955

Listing Provided By:	ENC Pirate Realty, original listing
Name:	ENC Pirate Realty
Phone:	(252) 378-2313
Office Name:	Allen Tate - ENC Pirate Realty
Office Phone:	(252) 378-2313
Agent Name:	KRISTY CONWAY
Disclaimer:	Copyright Â© 2024 NCRMLS/ Coastal Plains Association of REALTORS. 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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