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2414 Long Ridge Rd
Reisterstown, MD 21136
$1,575,000
Conventional
Property
Bedroom
5
Bathroom
7
Property Type
Conventional
Square ft
--
Property Description
Introducing this exquisite home tucked away in the sought-after Belmont Farm neighborhood, featuring five bedrooms accompanied by five full bathrooms and two half baths. NEW HVAC, NEW PREMIER SS APPLIACES, NEW ROOF (2020) and NEW WATER HEATER!! Spanning three levels, this exceptional home offers unparalleled living spaces, both indoors and outdoors, set on a beautifully landscaped 1.43 acre lot. Showcasing ornate trim moldings, wainscotting, coffered and tray ceilings, sun-filled windows, 10-foot ceilings, a freshly-painted neutral color theme and updates throughout. Step inside where the two-story foyer greets you with a dramatic curved staircase leading upstairs. Off the foyer, the elegant dining room is perfect for hosting dinner parties. Kick your feet up and relax in the family room, complemented by a cozy gas fireplace with stone surround. Prepare your favorite meals in the gourmet chef's kitchen, fully equipped with two islands, a walk-in pantry, granite countertops, tile backsplash, BRAND NEW premier stainless steel appliances, a planning desk, and a breakfast nook for casual meals. The main level also hosts an office that is ideal for working from home with privacy. Finishing the main level are two half bathrooms and a laundry room with built-in shelving. Ascend upstairs where the expansive primary suite awaits, complete with a sitting room and two large walk-in closets. The luxurious bathroom features a jetted soaking tub, a large walk-in shower, separate water closet, and a massive vanity with dual sinks. Down the hall, the second bedroom suite includes a private bathroom. Another two bedrooms with walk-in closets and private en-suite bathrooms complete the upper level, along with a cedar closet and additional storage. The fully-finished lower level is an entertainer's delight with space for everyone's activities. The game room features a full-size wet bar and a dual-sided gas fireplace shared with the recreation room. Additionally, there is a home theater with tiered seating, an exercise room, and tons of storage. The lower level also offers the fifth bedroom suite with a walk-in closet and private full bathroom. Discover the outdoor features designed for entertainment and relaxation, with a deck overlooking the rear yard that backs to trees. The paver stone patio boasts an outdoor tiki bar with a grill, television and fire pit. The oversized four-car garage has an electric vehicle charger and additional storage. There is also a whole-house generator, a lawn irrigation and sprinkler system. Recent improvements include a new roof in 2020, a new HVAC system and a new water heater.
Property Information
Lot Size
1 acre(s) square ft
Property Type
Residential
Year Built
2005
MLS Number
MDBC2092504
Location
Address
2414 LONG RIDGE RD
City
REISTERSTOWN
State
MD
Zip Code
21136
County
BALTIMORE (NORTHWEST)
Listing
Provider
Long & Foster Real Estate, original listing
Name
Long & Foster Real Estate
Phone
(888) 536-0216
Office Name
Northrop - Quarry Lake
Office Phone
(888) 536-0216
Agent Name
Julie Singer

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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.