Home for Sale at 173 E Shore Rd WEST Caroga, Caroga Lake, NY 12032

173 E Shore Rd West Caroga
Caroga Lake, NY 12032

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Property Details

List Price:	$425,000
Beds:	4
Baths:	2
Status:	Active
SqFt:	1440
Agency:	ADK Realty

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Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	1940
Notes:	New to the market! Generational lake house can be yours to make memories! Fabulous lakeside 3 season home on West Caroga Lake! Facing West you'll have sunset views forever! This is a beautiful lake front with sandy lake bed that is shallow entry and waist deep for 100' out. Almost every room in the house has lake views! The updated large kitchen opens to the generous living room with a beautiful fireplace. There are 4 bedrooms and 2bathrooms, 1 with a laundry room. You'll be in awe of the 180 degree view of the lake and plenty of seating on the the classic wrap around porch that faces the lake for endless enjoyment overlooking the great view of the lake. There is a formal dining room too! 3 Season use, heated by the fireplace and space heaters, you should stay toasty on cooler nights. It's a classic 'camp' looking for someone to enjoy like this family has! The beach is shared with neighbors on Pine, Balsam and Lakeview Ave who have deeded rights for the "Free and unobstructed use of the beach for bathing and boating, no structures are allowed". This area of Caroga Lake has been known as Lakeview Grove for decades. You do not have to pay to use the beach. There is no HOA or legal Lakeview grove Association. East Shore road is a slow traffic zone and the beach is just steps away from this home. You will be enjoying the Western sun set views and beautiful waters of West Caroga Lake. These owners carry in drinking water and use lake water for showers. The lake water is shared with the neighbor to the south. This is common to Caroga lake, many of us go to the local spring or the camp ground for drinking water. Some install UV water filters to purify the lake water for drinking. A private septic system is in place. This property has been in the same family for decades, now it's your turn to make amazing memories! It is a nice sized corner lot with a garage too! Many furnishings can stay to make this ready for you to enjoy Caroga lake immediately! And yes! There is past rental history too! (Permit needed for short term rentals) There's lots to do in Caroga! Summer concert series sponsored by the Caroga Arts Collective (CAC) just a short walk down East Shore Rd to "Sherman's". Other events all summer and fall are also held at Sherman's. Enjoy out door activities? Fishing, Golfing, hiking, apple, peach and berry picking, bike trails, even motor sports and skiing at Royal Mountain. Lots of trails to hike and places to explore! We even have a Rodeo in town! There are many Farmer's markets, berry, peach and apple picking near by! Come see why Caroga is "THE" Place to be in the Southern Adirondacks! SOP require buyers be pre-approved or provide proof of funds to view, thank you.
MlsNumber:	11287766

Listing Provided By:	ADK Realty, original listing
Name:	ADK Realty
Phone:	(518) 835-2357
Office Name:	ADK REALTY
Office Phone:	(518) 835-2357
Agent Name:	MaryEllen Charles
Disclaimer:	Copyright Â© 2024 My State 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

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