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12814 Appel Road Se
Little Orleans, MD 21766
$449,000
Conventional
Property
Bedroom
--
Bathroom
--
Property Type
Conventional
Square ft
--
Property Description
“Vacation property, Airbnb portfolio or full time home. So many possibilities, this property could even be broken into 2 separate Airbnb listings! Major renovations were done starting in 2022 including a new standing seam metal roof, new exterior doors, new siding and soffit, updated plumbing, electrical & HVAC and much more. A wall was taken down to create an expansive main room with beautiful tounge & groove v-joint natural wood ceilings, new engineered hardwood floors, a gorgeous kitchen with custom cabinets, black leathered granite countertops, a commercial grade 6 burner stove and rustic locally sourced live edge maple shelving. A cozy nook bar is located just off just off the kitchen. Enjoy your morning coffee or evening bourbon in the bar or head out to the deck to enjoy your beverage in the crisp mountain air of Western Maryland. Too many other new upgrades to list…come on out and see for yourself! This unique property sits on the edge of the Green Ridge State Forest- the largest adjoining block of public land in Maryland – and is less than 2 hours from DC, Baltimore and Northern Virginia. From the property, you can see and hear 15 Mile Creek as is flows into the Potomac River. Hike or bike an easy ¼ mile from the property to the C& O Canal Towpath Trail and the Western Maryland Rail Trail. Enjoy hiking, biking, kayaking, canoeing, fishing, hunting and much more in this serene setting. Originally a 600 sq ft one-room school house built in 1870, the property was transformed into a 3,269 sq ft lodge in the 1990’s catering to hikers, bikers and outdoor enthusiasts. The old school house is now a living room with a wood burring stove and original hardwood floors. Several bedrooms and bathrooms on the main living level provide plenty of room to enjoy. You can choose the owners suite – 3rd level with 2 bedrooms, a full bathroom and a private terrace overlooking 15 Mile Creek or the spacious 2nd level bedroom with private bathroom. A brand new platform composite deck with safari tent overlooking the creek, fire pit gathering area and grill area create the perfect outdoor experience you have been dreaming about! The current short term rental listed on Hipcamp features a Queen size bed and access to the indoor suite with a full bathroom, kitchenette, sleeping area and covered outdoor seating. The property has it all and is located within walking distance to a pub and a short drive to Locust Post Brewery and Rocky Gap Casino and Resort.
Property Information
Lot Size
1 acre(s) square ft
Property Type
Commercial
Year Built
1870
MLS Number
MDAL2008962
Location
Address
12814 APPEL ROAD SE
City
LITTLE ORLEANS
State
MD
Zip Code
21766
County
ALLEGANY
Listing
Provider
Marsh Realty, original listing
Name
Marsh Realty
Phone
(301) 696-1196
Office Name
Marsh Realty
Office Phone
(301) 696-1196
Agent Name
Craig Marsh

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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.

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.