Home for Sale at 1400 Cedar Lane Drive, Waverly, IA 50677

1400 Cedar Lane Drive
Waverly, IA 50677

« Prev

Property Details

List Price:	$389,000
Beds:	3
Baths:	2
Status:	Active
SqFt:	2578
Agency:	Oakridge Real Estate

Map Details Show Map | Show StreetView

Description/Comments

Lot Size:	5 acre(s)
Property Type:	Residential
Year Built:	1968
Notes:	This unique property is like living on vacation all year! What a dream to start your morning sitting on your front porch enjoying this lake view. All year long you get to watch the changing views with each season & nature right in front of you. But it doesn't stop there- You have an acreage right on the edge of town. That is what most people dream of! With almost six overall acres, three being the forest reserve. There is so much to love here! Moving inside, upon entering the front door going into the hall you will find the large bedroom that is similar to a master, with three closet spaces and without question will hold so much more than just a king sized bed. Moving forward in the hall there are large double closet spaces for the whole family to use. Then you have a large double bedroom that has closet space separated for multiple kids. The space is Great!! You also have the main floor full bath close by. You have now circled the hall which will lead you into the open kitchen/dining room, living room & den spaces. The living room showcases the large front picture window to enjoy those lake views all day. The living space is spacious enough for all of your furniture settings. The dining room can host a small or large gathering, giving you the option to change the table size. Off the dining space you have French doors that will lead you into the den. The wood beams & stone wood burning fireplace are going to draw you in to spend your winter days there. The kitchen provides a tremendous amount of counter space including the L shaped section where you have stool seating too. With this kitchen layout you have a big window above the kitchen sink to enjoy the backyard views too. It also provides a nice amount of cupboard & pantry space. As your walking towards the end of the house, you have a bathroom with a corner shower and the plumbing is there for future laundry hookups if you wish. You can then get to the side yard patio space, downstairs or the attached garage. As you go to the downstairs you have another family room area. As another bonus there is also a very large non-conforming bedroom with a large walk in closet. On the other side of the basement you have a workshop area, a large storage space, the mechanicals & another laundry area. The backyard has a patio area to enjoy too. Schedule your showing soon so you don't miss out on this amazing property to call your home!
MlsNumber:	20242253

Listing Provided By:	Oakridge Real Estate, original listing
Name:	Oakridge Real Estate
Phone:	(319) 277-5005
Office Name:	Oakridge Real Estate
Office Phone:	(319) 277-5005
Agent Name:	Betty Wroe
Disclaimer:	Copyright Â© 2024 Northeast Iowa Regional Board 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

- Pat. 7,813,958 - Pat. 7,958,007 - Pat. 8,046,258 - Pat. 8,073,737 - Pat. 8,190,476 - Pat. 8,195,514
- Pat. 8,306,856 - Pat. 8,412,576 - Pat. 8,510,165 - Pat. 8,825,527 -