Home for Sale at 5700 Riverview Plantation Drive, Theodore, AL 36582

5700 Riverview Plantation Drive
Theodore, AL 36582

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Property Details

List Price:	$1,800,000
Beds:	5
Baths:	6
Status:	Active
SqFt:	--
Agency:	Roberts Brothers, Inc.

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Description/Comments

Lot Size:	1 acre(s)
Property Type:	Residential
Year Built:	2002
Notes:	*OPEN HOUSE, SUN. APRIL, 28TH, 2-4.*Come see this beautiful home situated on Dog River! This 5 bedroom, 4 full bathroom & 2 half bathroom home is located on the wide part of the river with a boathouse that has 2 boat lifts & a jet ski lift that holds 2. High ceilings and beautiful crown molding accentuate the house. The spacious kitchen has been remodeled with gorgeous granite countertops. Enjoy cooking on the Thermidor gas range. Enjoy looking at Dog River while having your meal in the eating area of the kitchen or at the large island. The lovely dining room is accented with columns and wainscoting. Entertain friends in the oversized living room, which overlooks Dog River and the pool area. There are 3 bedrooms downstairs. The downstairs primary bedroom has a custom designed closet. The remodeled primary bathroom has double sinks, a vanity area, separate shower & a jetted tub. The gorgeous winding staircase leads to the second floor where 2 ensuite bedrooms are located. The upstairs family room can be used as a media room. All the upstairs rooms have entrances to the large screened veranda. Enjoy your afternoon coffee lounging on the veranda while looking for manatees in Dog River. The pool area is great for entertaining. There's a half bathroom located by the pool area. Have a great time cooking at the covered outdoor kitchen with seating at the bar. The 3-car garage has a workshop area that could be used for storage. The Seller updated the other 3 full bathrooms in 2022. Seller reserves the curtains located in the downstairs bedroom near the kitchen; in the kitchen and in the upstairs bedroom on the north side. This house has so many wonderful features, that they can't all be stated. Easy access to I-10. Make your appointment to see the house, today! The central vacuum is not connected. Any/all updates are per Seller. Listing Broker makes no representation to square footage accuracy. Buyer to verify.
MlsNumber:	7336140

Listing Provided By:	Roberts Brothers, Inc., original listing
Name:	Roberts Brothers, Inc.
Phone:	(251) 344-9220
Office Name:	Roberts Brothers West
Office Phone:	(251) 661-4660
Agent Name:	Tricia Graham
Disclaimer:	Copyright Â© 2024 Gulf Coast 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.

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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