Home for Sale at 137 Kallan Road, Hartwick, NY 13348

137 Kallan Road
Hartwick, NY 13348

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Property Details

List Price:	$1,550,000
Beds:	5
Baths:	4
Status:	Active
SqFt:	3000
Agency:	LAKE LADY PROPERTY MANAGEMENT LLC

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Description/Comments

Lot Size:	389 acre(s)
Property Type:	Farm And Agriculture
Year Built:	1880
Notes:	Kallan Farm is a renovated 5 bdrm/3bath farmhouse set on 389 picturesque acres. With a blend of wooded, open, and tillable land, 7 lots combine to create the full 389 acres. The house and two Morton style barns sit upon a 149 acre parcel. The town of Hartwick has attractive zoning allowing for multiple uses. Short term rentals are permitted. Sell off or develop individual lots. Renovated between 2013-2016, the house has a "Soho meets Rural Countryside" flavor with concrete floors and counters. An open concept kitchen, dining, family and living room with wood burning fireplace, sync to create a casual and ambient tone for the whole space. Each window offers views of pretty hills, fields and wide open sky. Outside features a fenced in heated in ground pool with new liner and pool heater (2023). Who doesn't enjoy cozying up on the porch? This accessible porch wraps around the full front of the home allowing for endless pastoral views. A lovely patio in the backyard which is surrounded with stone-faced walls and an outdoor fireplace, is sure to be the focal point of many special gatherings. There is a pool house which provides a half bath, outdoor shower, and storage for pool equipment. 4 new ponds were added on the hillside behind the house. Trails have been established throughout the acreage ~ ideal for a stroll in the woods, trail run, mountain biking, motor sports, hunting fish in the stream and ponds, put in a baseball field! If you can dream it, you can likely make it happen here. Currently, the land is managed by a local farmer who plants and rotates 207 acres of crops annually, allowing for an AG tax exemption. The two barns are for hay and equipment storage. Farm contracts renew every March for one year. Located only 12 minutes from the village of Cooperstown, 20 minutes to Oneonta, and 1.5 hours to Albany, 4 hours to NYC.
MlsNumber:	11266685

Listing Provided By:	LAKE LADY PROPERTY MANAGEMENT LLC, original listing
Name:	LAKE LADY PROPERTY MANAGEMENT LLC
Office Name:	LAKE LADY PROPERTY MANAGEMENT LLC
Agent Name:	Michelle Barry
Disclaimer:	Copyright Â© 2024 My State 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

ForeclosureWatch.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 ForeclosureWatch.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 ForeclosureWatch.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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