Home for Sale at 3212 LEVERTON AVENUE, BALTIMORE, MD 21224

3212 Leverton Avenue
Baltimore, MD 21224

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Property Details

List Price:	$200,000
Beds:	2
Baths:	1
Status:	Active
SqFt:	1599
Agency:	Cummings & Co. Realtors

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Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	1920
Notes:	Looking for charm and character? Look no further than 3212 Leverton Ave. It has everything you are looking for and more. This 2 bedroom, 1 bath home is perfect. Move in ready, this spacious light infused home has tall ceilings, wood floors and, and is no cookie cutter! From the moment you walk up and see the custom stained glass, you will feel at home. Once inside you will be surprised by the spaciousness of the home. The living room and dining room offers a large open space perfect for get togethers and parties as well as Friday nights hanging out on the couch watching your favorite movies. You will enjoy cooking in the large kitchen, where there is plenty of cabinet and counterspace and ample space to include an island or create an eat in kitchen. The back deck is perfect for grilling, having a glass of wine, reading a book and/or gardening. The second floor boasts 2 bedrooms and 1 full bath. The front bedroom is spacious with beautiful sunlight and a original brick. The back bedroom would easily fit a queen-size bed with plenty of room for additional furniture and provides the room you need for friends and family to visit. The basement provides additional space for band practice, to work, workout, craft, or hang out. There is a large closet for storage as well. This is a terrific home in a sweet location, convenient to stores, restaurants and amenities! You will not be disappointed! City living made easy. You're within walking, biking, or a short drive's distance from Patterson Park, as well as awesome restaurants and cafes! This will be a great place to call home.
MlsNumber:	MDBA2124254

Listing Provided By:	Cummings & Co. Realtors, original listing
Name:	Cummings & Co. Realtors
Phone:	(410) 675-1550
Office Name:	Cummings & Co. Realtors
Office Phone:	(410) 823-0033
Agent Name:	Naomi Reetz
Disclaimer:	Copyright Â© 2024 Bright MLS. 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.

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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Property Details

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Description/Comments

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HUD Foreclosures

Foreclosure Listings Increasing