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3698 Wexley Way
Vineland, NJ 08361
$715,000
Conventional
Property
Bedroom
5
Bathroom
3
Property Type
Conventional
Square ft
--
Property Description
Welcome to 3698 Wexley Way in East Vineland - where luxury finishes are beautifully blended with contemporary conveniences for selective Buyers. The welcoming foyer has classic marble tile flooring highlighting the winding carved staircase, which is lit by a gorgeous crystal chandelier leading to the upper floor. The main upper flooring is hardwood stained in a warm, nutty brown. It flows through the hallways, generous Living Room, Dining Room and Den, which is currently used as a Home Office. The Den features Mediterranean style arched doorways & pass-through windows on the wall separating the Living Room, allowing for maximum natural light and airflow. The whitewashed stone, wood burning fireplace has a wood mantel, storage for logs and a slate hearth. There are sliding Glass doors leading to a 35ft x 12ft balcony overlooking the backyard & fully fenced, Gunite pool. The back Balcony has a dedicated exterior staircase as well. The Kitchen is modern with tile flooring, 42in white cabinetry and white granite countertops. The white backsplash is beautifully tiled, with a grey contrasting tile inset over the stove. A deep, Farmhouse style sink makes clean up a breeze. There is a large Island with seating for 4, that has a white granite surface and contrasting grey cabinetry. The Dining Room has hardwood floors, a lovely crystal chandelier and room for a large dinner party. Glass sliders open to a front Balcony, which is 44ft x 4ft. The hallway hosts a full, tiled bathroom with dual sinks, shower & tub. There is an over-sized closet in the bathroom with a stackable washer & dryer. The carpeted Primary Bedroom is at the end of the hall and features a Walk-In closet and an attached Bathroom with custom tile Shower and stone flooring. There are 2 other well sized Bedrooms on this level, each with carpeted floors and double closets. On the lower level in the Foyer, is a deep coat closet and Storage Room which has marble flooring. Walk around the staircase to access the large Family Room. A brick wood burning fireplace with decorative glass doors, mantle and slate hearth are featured in this area. A large entertainment space is provided with plenty of room for seating, games or even billiards. There are two more ample Bedrooms located off this space and a full, tiled Bathroom with Shower located down the hall. An oversized 2-Bay Garage is through a door at the end of the hallway and there is a Mechanical Room located in that same hallway for convenience. A full glass Sunroom also attaches to the Family Room, offering a very special feature on the lower level. It is centrally heated and cooled and has Sliding Doors to the pool area. The pool area decking is stamped concrete and the gorgeous Gunite pool is custom-shaped, has a waterfall and slide. The owners purchased a custom Safety cover in 2021 and had the pool surface acid washed, re-plastered and custom blue tile trim installed in 2022 with a 3-year warranty on material and labor. There is also an outdoor utility/storage room which is located underneath the upper balcony. Tall evergreens border the backyard affording privacy and vinyl fencing is along the front & sides. There is an outdoor shed for additional storage. This home is massive at 4284 sq ft and sits on .74 acres - it is truly One-of-a-Kind! It has been meticulously maintained, is very clean and is Move-In-Ready. Make sure to see it for yourself!
Property Information
Lot Size
-- square ft
Property Type
Other
Year Built
1983
MLS Number
583919
Location
Address
3698 Wexley Way
City
Vineland
State
NJ
Zip Code
08361
County
CUMBERLAND
Listing
Provider
Berkshire Hathaway HomeServices Fox & Roach, Real, original listing
Name
Berkshire Hathaway HomeServices Fox & Roach, Real
Phone
Office Name
BHHS Fox & Roach Mullica Hill
Office Phone
(856) 343-6000
Agent Name
Pamela Kotter

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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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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.