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185 Mt Hope Church Rd
Stafford, VA 22554
$1,265,000
Conventional
Property
Bedroom
5
Bathroom
6
Property Type
Conventional
Square ft
--
Property Description
Welcome to Mt Hope Church Rd in Stafford! Indulge in luxury living with this captivating 8-acre woodedsanctuary. Location, location! The VRE is less than a 1/3 mile away, charming downtown Fredericksburg is less than 10 minutes' drive. and all major shopping and commuter lots are within 10 miles.Nestled on a beautiful wooded and landscaped lot, this magnificent property boasts an array offeatures both inside and out. This exquisite custom Insulated Concrete Form (ICF) home providessustainability, solidity and is environmentally efficient. The location, lot size and home afford a rareopportunity to own this 5 bedroom, 4.5 bath home nestled North Stafford.Inside you will see elegance throughout this 6,000 + sq. ft. home. You will enter into a two-storygrand foyer featuring, crown molding, and hardwood flooring through the main level.Delight in the cozy warmth provided by the in-floor radiant heating, meticulously zoned across all threelevels for optimal comfort and efficiency. On the main level you will find a spacious living room, familyroom and a wood burning fireplace, formal dining room, a eat-in kitchen equipped with top-of-the-lineappliances, wood cabinets, a center island, and work space. Stay productive and organized in yourown private office, featuring custom built-ins and plenty of natural light. Enter the primary bedroomwith its own gas fireplace and private deck overlooking the wooded yard and swimming pool. The primarybath features dual vanities, a walk-in shower and an Asian soaking tub and meditation deck. Luxury at its finest!Enter the upper level from either of the two stairways. Three additional bedrooms, all generouslysized ensuring comfort and convenience for family or guests. Two of the three bedrooms have their own private full baths! All the bedrooms have oversized closets.As you enter the lower level prepare to be captivated by the endless entertainment possibilities thatawait you in this magnificent home. Embrace the allure of entertainment with a wine cellar, beckoningconnoisseurs to indulge in the finest vintages, your private theater room, recreational room and gymroom round out this luxurious space. Discover the versatility of a multigenerational or rental unit,featuring a spacious 950-square-foot in-law suite boasting a full kitchen, bath, and private walk outentrance-all accompanied by its own alarm system for added privacy and security.Enjoy the security and connectivity with structured network wiring for internet and cable,complemented by a whole-house monitored alarm system for peace of mind. A whole home centralvacuum and inground watering system and instant hot water are just some of the additional features.Walk down the paver walkway to your private back yard oasis. A maintenance free deck and outdoorkitchen with Viking grill and granite counters beckons your grilling and al fresco dining experience.Relax under the custom built gazebo before strolling over to the hot tub. This tranquil space is idealfor dining, lounging, or simply taking in the serene views of the backyard. After your soothing hot tubdip, step down into the private swimming pool area with lush landscaping and outdoor lighting.The side area has an expansive lush lawn for corn hole, bad mitten or a future play set. A largeenclosed garden area for home grown vegetables and watering system sits adjacent. A large shedwith exterior planting table and covered deck finishes the out-door oasis.Elevate your lifestyle with this unparalleled Stafford property, where luxury meets location in atriumphant expression of elegance and comfort. The luxury of a private oasis with the convenience ofa location central to shopping,
Property Information
Lot Size
8 acre(s) square ft
Property Type
Residential
Year Built
2006
MLS Number
VAST2028992
Location
Address
185 MT HOPE CHURCH RD
City
STAFFORD
State
VA
Zip Code
22554
County
STAFFORD
Listing
Provider
Long & Foster Real Estate, original listing
Name
Long & Foster Real Estate
Phone
(888) 536-0216
Office Name
Fredericksburg
Office Phone
(888) 536-0216
Agent Name
Donald J Helleu

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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.