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19226 Park Place Boulevard
Eustis, FL 32736
$600,000
Conventional
Property
Bedroom
3
Bathroom
3
Property Type
Conventional
Square ft
3204
Property Description
Under contract-accepting backup offers. EXQUISITE, MOVE-IN READY, 3 BR HOME WITH LAKE ACCESS, FIREPLACE, AND OUTDOOR ENTERTAINING SPACES LOCATED IN DESIRABLE PARK PLACE ON LAKE JOANNA. Welcome home to this centrally located, tranquil, highly sought-after community nestled on the shore of spring-fed Lake Joanna. Residents can enjoy the family-friendly neighborhood park and resident boat launch. Arrive home to be greeted with lovely curb appeal. The manicured lush lawn, mature trees, and colorful landscaping is the ideal backdrop for this impressive 3,204 SF estate home with a gabled roof (replaced 2020), expansive windows, 2-car oversized garage, large driveway, and paved path to the covered-entry double front doors. Be enveloped by the sophisticated yet comfortable elegance found in this light-infused interior with wonderful features such as soaring ceilings, crown molding, transom windows, arched openings, gorgeous tile floors, and a soothing neutral color palette flowing throughout. Flanking the foyer are the formal living and dining rooms. Through a set of French doors is the formal living room, with its charming two-sided wood-burning fireplace. The formal dining room is the setting of your holiday family meals with abundant space, a large window, crown molding, a tray ceiling, and direct access to the kitchen. An arched doorway leads into the open-concept family and kitchen areas, the perfect space for entertaining while making cherished, life-long memories. The family room enjoys the two-sided fireplace shared with the living room. It is finished with a beautiful mantal and custom built-ins to hold your favorite treasures. The refined kitchen is well-appointed for the chef in your family with neutral-tone custom cabinetry and storage drawers, stunning granite counter-tops, glass tile backsplash, upgraded stainless appliances, dishwasher, and built-in oven and microwave. There’s a breakfast bar, and a convenient dining space with backyard vistas. The family room and kitchen areas are rich in natural light from the many windows and the amazing telescoping glass sliding door that opens to the rear entertaining areas. First, there’s the spacious tiled Florida room (under heat/air) offering backyard views from its windows that span continuously across two walls. Beyond that is the covered, screened lanai with paver flooring, a summer kitchen, a convenient half-bath, and a hot tub for the ultimate in outdoor relaxation. Back inside, you will find the private Owner’s retreat with two walk-in closets and an en-suite with two sink vanities, a make-up station, a tiled shower, and a large soaking tub. Two guest bedrooms share the full hallway bathroom with shower and an exterior door for entertaining convenience. You will love the abundant storage from multiple closets, the large laundry room with sink, and the extra room that can serve several purposes, from a small bedroom to an extra pantry, craft room, exercise space, and more. When you entertain or relax outdoors, you will appreciate privacy from the backyard vinyl fencing. Park Place is conveniently located just two miles from a multitude of retail amenities from restaurants, Publix, Lowe’s, Starbucks and more. It’s a stone’s throw to historic downtown Mount Dora and Eustis, the ever-expanding toll roads provide quick access to Orlando International Airport, popular east coast beaches, and Walt Disney world. What a perfect home in an idyllic setting!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1992
MLS Number
G5079746
Location
Address
19226 PARK PLACE BOULEVARD
City
EUSTIS
State
FL
Zip Code
32736
County
LAKE (NORTH)
Listing
Provider
ERA Grizzard Real Estate, original listing
Name
ERA Grizzard Real Estate
Phone
(352) 504-0055
Office Name
ERA GRIZZARD REAL ESTATE
Office Phone
(352) 735-4433
Agent Name
Loretta C. Maimone

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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.

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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.