Home for Sale at 223 Chick Crossing Road, Wells, ME 04090

223 Chick Crossing Road
Wells, ME 04090

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Property Details

List Price:	$1,499,000
Beds:	4
Baths:	3
Status:	Active
SqFt:	3290
Agency:	Keller Williams - Portsmouth

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Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	1997
Notes:	Welcome to an Equestrian's Haven - This spacious 4 bedroom, 2 1/2 bath Victorian home is a working coastal horse farm with elegance and modern functionality located just miles from several world renowned beaches. Upon entering, the handcrafted grand staircase steals the show, while ornate tin ceilings and farmers porch add to the charm. The spacious gourmet kitchen, complete with granite countertops, stainless steel appliances and double ovens is a culinary enthusiast's dream. The home offers a formal dining room as well as a breakfast nook overlooking the property perfect for entertaining family and friends.The second floor offers 4 spacious bedrooms, with new carpeting throughout, ample storage and a large bonus room. The full walk out basement could be finished for an additional 1,110 sq ft living space or an ADU with separate entrance and driveway. The exterior is a testament to impeccable maintenance. An equestrian paradise, the property embraces 24.8 acres with the Northeastern boundary line of property along Branch Brook, complete with 3 pastures, approximately 3 acres total, with approximately 1 acre of additional pasture space available to be fenced. NEW 5-6' diameter pressure treated round post fencing with Black LightningÃ‚Â® Poly Coated Cable 'railing' intended for horses and/or a variety of livestock. The 66'x144' indoor lighted riding arena is set up as a dressage short court and has automatic utility doors on both sides for easy access. The indoor arena has a lean style barn attached with the capacity for 6 stalls and room for tractors, mowers and numerous farm-related implements and attachments. The barn has a tack room, office, 8 attached stalls (two that have existing run-outs, 4 stalls that could be converted to feature run-out) and 2 additional detached stalls. The Outdoor Lighted riding ring is 75'x200' with DG Footing. The property's proximity to the 135 Acres Kennebunk Plains Preserves/Blueberry Plains offers a plethora of riding
MlsNumber:	1591907

Listing Provided By:	Keller Williams - Portsmouth, original listing
Name:	Keller Williams - Portsmouth
Phone:	(603) 610-8500
Office Name:	Keller Williams - Portsmouth
Office Phone:	(603) 610-8500
Agent Name:	Tanya Cattabriga
Disclaimer:	Copyright Â© 2024 Keller Williams Realty, 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.

USHUD.com is a private company not affiliated or associated with or endorsed, authorized, approved, sponsored
or licensed by the US Department of Housing and Urban Development

USHUD.com is an Equal Housing Opportunity

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