Home for Sale at 533 E Sierra Madre Avenue, Glendora, CA 91741

533 E Sierra Madre Avenue
Glendora, CA 91741

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Property Details

List Price:	$4,100,000
Beds:	8
Baths:	8
Status:	Active
SqFt:	10366
Agency:	DPP

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Description/Comments

Lot Size:	45,825 sqft
Property Type:	Residential
Year Built:	1987
Notes:	Situated on a private street in North Glendora this custom-built Tudor residence spans an impressive 9,716 SqFt of living space on 1.052 acre flat lot and is a testament to timeless elegance and privacy. This impressive estate offers a sanctuary for relaxation and recreation set in the most serene setting w/manicured grounds and mature trees with custom pool/spa spa, lighted tennis court, and spacious lawn area. The attention to detail is evident thru-out from the moment you arrive at this amazing residence from the leaded glass front windows to the magnificent brick walkway and gorgeous front porch. The double door front entry and impressive foyer w/2-story ceilings and beautiful staircase set the stage for this one-of- a-kind estate. The step down spacious formal living room offers gorgeous leaded glass windows, cozy fireplace, and French doors that open to a private patio. The home features two family rooms, the first one adjacent to the kitchen, with a beautiful fireplace and French doors to backyard, the second family room features an impressive brick fireplace, gorgeous two-story wood pitched ceiling, a built-in bar, and French doors leading to covered patio. built-in BBQ and spacious lounge area next to pool/spa. The gourmet kitchen w/center island is perfect for a large family w/double ovens, two dishwashers, built-in refrigerator, walk-in pantry, and kitchen eating area w/backyard views and access to the covered patio. There is a formal dining room with French doors leading to private balcony w/beautiful views. The main level also offers four bedrooms (two ensuite),powder room, private office w/French doors, large laundry room w/sink and plentiful storage, and a hallway bathroom w/upgraded vanity and shower. The upper level offers a primary suite complete with cozy retreat with fireplace and gorgeous windows overlooking the backyard and two balconies. The primary bathrooms features an oversized vanity with two sinks, spa bathtub, oversized shower, dressing area, and an amazing walk-in closet. There are two additional upstairs bedrooms, each with access to a shared bathroom and walk-in closets, and an additional bonus room/bedroom with a full bathroom. The lower level of the home accessed by the main staircase is an open palate and has the potential for a large game room, man cave, and a separate room for potential wine cellar. Spacious driveway parking w/porte cochere and 3 car attached garage and RV parking on south side of the property.
MlsNumber:	CV24094790

Listing Provided By:	DPP, original listing
Name:	DPP
Phone:	(626) 683-0777
Office Name:	Compass
Office Phone:	(626) 914-2904
Agent Name:	Maureen Haney
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

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