Home for Sale at 302 Chestnut Forest Cove, Fort Wayne, IN 46814

302 Chestnut Forest Cove
Fort Wayne, IN 46814

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Property Details

List Price:	$750,000
Beds:	4
Baths:	5
Status:	Active
SqFt:	5119
Agency:	RE/MAX Results

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Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	1999
Notes:	You've got to see this property! Situated partially wooded lot of nearly one acre, backing up to the golf course on a tranquil cul-de-sac street, this home is located at the entrance of "The Forest" in Chestnut Hills. An all-brick exterior & 6" walls, this custom-built Masterpiece home boasts 5,119 S.F. The recently replaced roof has 50-year shingles. The Great Room showcases a striking floor-to-ceiling stone fireplace flanked by built-in bookcases, offering a captivating view thru the large windows that span the Great Room & over-sized nook. Enjoy a formal living room, a formal dining room with a bay window & an offset for a hutch & a year-round sunroom. The kitchen has been tastefully updated with granite counters, an undermount sink, ample cabinet space, with appliances staying. Convenient half bath & laundry room with cabinets & sink. The main floor features a generous primary bedroom ensuite with updated countertops, dual vanities, a jetted tub, & beautiful tiled shower. An adjoining den, accessed thru a pocket door, also opens into the 2-story foyer. Three bedrooms up, one with an Ensuite, and the other Two share a Jack 'n Jill Bath with private vanities. The Daylight Basement is equipped with a Screen and Projector, built-in bookcases, a playroom, a full bath, and ample storage. Outside, the Private, park-like setting is enhanced by a water fall feature with a Koi pond, a brick patio & custom grill area. The residence offers a 3-Car Garage with epoxy floors. Security & Irrigation Systems. Residents enjoy the amenities of the Association pool (with lifeguards!), playground & Tennis Courts all with reasonable HOA dues. Access to the Chestnut Hills Golf Course; an excellent & affordable public course. Enjoy exploring this walkable community conveniently located near shopping/restaurants, I-69 in 9, downtown/airport in 20 minutes. Excellent SWA Schools. This stunning and spacious home is move-in ready and on an over-the-top gorgeous lot!
MlsNumber:	202406599

Listing Provided By:	RE/MAX Results, original listing
Name:	RE/MAX Results
Phone:	(260) 490-1590
Office Name:	RE/MAX Results
Office Phone:	(260) 490-1590
Agent Name:	Jane Yoder
Disclaimer:	Copyright Â© 2024 Upstate Alliance of REALTORSÂ® Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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.

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or licensed by the US Department of Housing and Urban Development

USHUD.com is an Equal Housing Opportunity

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