Home for Sale at 4120 Stuart Avenue, Richmond, VA 23221

4120 Stuart Avenue
Richmond, VA 23221

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Property Details

List Price:	$899,000
Beds:	5
Baths:	4
Status:	Pending
SqFt:	3109
Agency:	The Steele Group Sotheby's International Realty

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Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	1926
Notes:	Nestled in the desirable Grove Avenue Crest neighborhood, this enchanting 1927 Tudor Revival storybook home lives larger than it appears with 5 bedrooms, 4 full baths, a versatile floorpan and over 3100 square feet of living space. As you approach the home, you are immediately drawn in by its classic architectural beauty and quality construction with English-bond brick exterior, unique slate roof and copper gutters. You are welcomed by a spacious screened porch with slate floor and the original Tudor plank door with stained glass window. The gracious entrance hall has several arched openings and a beautiful turned staircase. The living room offers multiple windows, flanking built-in glass bookcases with arched niches and is completed by a stone fireplace. A set of French doors opens to the formal dining room with large windows overlooking the backyard. The updated kitchen offers sleek white cabinets, Bosch and GE Profile stainless steel appliances and solid surface counters. The first floor is completed by three spacious bedrooms and two full updated baths - one is currently used as an office - the perfect work-from-home space. Upstairs you will find two spacious bedrooms plus a large renovated bathroom with granite vanity and large tiled walk-in shower with glass door. The finished waterproofed lower level offers a wonderful family room with curved walls, an open rafter ceiling with recessed lighting and a granite bar complete with sink and icemaker. There is also an updated full bath, a large laundry area and workshop that walks out to the rear yard. The landscaped private backyard with slate patio is perfect for alfresco dining or quiet afternoons surrounded by lush greenery. Recent updates include newly painted interior, Anderson replacement windows, plantation shutters, new sewer line to street and fresh landscaping. Convenient location with nearby shopping and dining in Scott's Addition, Carytown or Libbie Grove and easy access to downtown and the interstate.
MlsNumber:	2412258

Listing Provided By:	The Steele Group Sotheby's International Realty, original listing
Name:	The Steele Group Sotheby's International Realty
Phone:	(804) 282-3136
Office Name:	The Steele Group
Office Phone:	(804) 282-3136
Agent Name:	Jill Davenport
Disclaimer:	Copyright Â© 2024 Central Virginia Regional Multiple Listing Service. 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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or licensed by the US Department of Housing and Urban Development

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