Home for Sale at 12872 Norris Avenue, Sylmar, CA 91342

12872 Norris Avenue
Sylmar, CA 91342

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Property Details

List Price:	$999,999
Beds:	6
Baths:	3
Status:	Active
SqFt:	1959
Agency:	Management Systems, Corporation

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Description/Comments

Lot Size:	6,722 sqft
Property Type:	Residential
Year Built:	1952
Notes:	This beautiful property with its ADU is located in a fantastic central Sylmar neighborhood, and as soon as you lay your eyes on it you'll immediately recognize the owner's true "Pride-Of-Ownership". Here are just a few of 12872 Norris Avenue's features: Ornate wrought iron/brick pillar fencing and vibrantly colorful planters enhance its eye-catching curb appeal You'll step into a flowing open concept floor plan that is in "Move-In-Condition" with a designer paint scheme, recessed lighting, and easy care tile flooring The spacious living room is bathed in natural light and has an efficient room air conditioner The family's cook is going to appreciate the kitchen abundant custom cabinets, built-in wine rack, ample granite counters, durable dual basin stainless steel sink, gas range with ventilation hood, refrigerator, and the convenience of the adjoining dining area with ceiling fan and direct patio access All 4 bedrooms have ceiling fans for easy cooling; 1 bedroom also has direct backyard access The grand suite has a well appointed private bathroom A total of 2 bathrooms Functionally located laundry area Energy efficient dual pane windows will help keep utility bills low and the interior quiet Rain gutters Plenty of off street parking on the driveway behind the rolling security gate **12874 Norris Avenue features: Built in 2024 with a private side entrance A flowing floor plan with recessed lighting, designer paint scheme, and complementary laminate flooring Spacious living room Well-appointed kitchen with with abundant cabinets, ample counters, deep basin stainless steel sink, built-in appliances, refrigerator, and adjoining dining area 2 bedrooms 1 bathroom Washer & dryer are included * Central air & heat Dedicated electric meter All of this sits on a large 6,719 square foot lot that is close to schools, shopping, grocery stores, 5 & 210 freeways, and Sylmar Park with its Recreation Center, gym, children's play area, picnic tables, and comprehensive sports facilities and activities *Call now at 661-212-9892 for all the details and I'll gladly arrange a private tour.
MlsNumber:	SR24110915

Listing Provided By:	Management Systems, Corporation, original listing
Name:	Management Systems, Corporation
Phone:	(818) 363-6116
Office Name:	Park Regency Realty
Office Phone:	(818) 363-6116
Agent Name:	Maria Arias
Disclaimer:	Copyright Â© 2024 California Regional 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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