shari rocks' presents 147 colony road in newport news

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Presented by Shari Rocks Property Book FOR SALE

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Don't miss out on this 4 bedroom 2 bath cape cod that offers tons of room. With a spacious layout, the home features generous sized bedrooms. Outside you will find an oversized two car garage with additional storage shed.

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Page 1: Shari Rocks' Presents 147 Colony Road in Newport News

Presented by

Shari Rocks

Property Book

FOR SALE

Page 2: Shari Rocks' Presents 147 Colony Road in Newport News

WaldenZip Code: 23602

Property Condition: IE(insurable with escrows)$800.00 (replace thermostat and repair HVAC if needed)

Earnest Money must equal 1% of sales price, no less than $500, no more than $2000.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

WELCOME HOME

Welcome home to 4 bedroom 2 full bath cape cod. Home features a spacious layout. Den could be used as a 5th bedroom.

The home features generous sized bedrooms. The detached oversized two car garage offers additional storage space.

This home is located convenient to shopping, airport, military bases, and entertainment.

Ask you agent about the FHA appraisal, closing cost assistance available and the ease of purchasing a HUD owned property.

Page 3: Shari Rocks' Presents 147 Colony Road in Newport News

Newport News Tax Assessor’s Information

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Parcel ID: 138000609

Assessment: Land $ 60,000Improvements $124,500Total $184,500

Special Condition: Airport ApproachZone: R3 Single Family Dwelling

Owner History10/12/2012 $255,68012/9/1977 35,000

Assessment History07/01/2012 Total Tax $2029.50Total Assessment $184,500

07/01/2011 Total Tax $2139.50Total Assessment $194,500

07/01/2010 Total Tax $2269.30Total Assessment $206,300

Visit the Newport News City Tax Assessor’s

website atwww2.nngov.com

Fun Facts★Newport News, settled in 1621, is approximately 23 miles long and three miles wide.

★Newport News is the 4th largest city in size in the state

★Newport News’ population is approximately 185,200 people.

★No one knows for sure where Newport News got its name, but “Newportes Newes” first appears in the Virginia Company records in 1619, making it one of the oldest place names in the New World. The most widely accepted folktale is that the city is the namesake of Captain Christopher Newport, commander of Susan Constant, flagship of the three ship English fleet that landed on Jamestown Island in 1607. He made several voyages to Newport News in the early days of the Jamestown Colony, bringing "good news" of supplies and settlers.

Page 4: Shari Rocks' Presents 147 Colony Road in Newport News

147 Colony Rd Newport News 23602

NAGR Luxury Home Team | 5224 Indian River Road Virginia Beach, VA 23464 |Mobile 757.986.9125

NAGR, Native American Group Realty is licensed broker in Virginia and North Carolina

4 bedroom2 bath

cape cod

1675 square feet

storage shedtwo car detached garage

built 1961

washer/dryer hookup

Listed: 02/07/2013$149,000property condition IE$800.00 (replace broken thermostat & repair HVAC if needed

Page 5: Shari Rocks' Presents 147 Colony Road in Newport News
Page 6: Shari Rocks' Presents 147 Colony Road in Newport News

Deadlines for Bidding

During the Exclusive Listing Period, bids may be submitted only by Owner Occupant purchasers, which HUD defines as owner-occupant purchasers, qualified nonprofit organizations and government entities.  There will be: a thirty (30) day Exclusive Listing Period for Owner Occupant purchasers for properties listed Insurable and Insurable with Escrow Repairs,

Exclusive Listing Period Priority (Owner Occupant Priority).For Insurable and Insurable With Escrow properties, bids shall be opened and reviewed on the tenth (10th) day of the Exclusive Listing Period. All bids will be treated as having been received simultaneously.  If no winning bid is received by the tenth (10th) day, bids shall be opened and reviewed on each day after the tenth (10th) day up to the thirtieth (30th) day, or until a winning bid is received. If no winning bid is received in that thirty (30) day period, the listing shall be extended to all buyers.

Exclusive Listing Period Priority Ends February 15, 2013 11:59:59pm CST

Exclusive Listing Period Ends March 7, 2013 11:59:59pm CST

BUYING A HUD HOME

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Buyers' FAQs:

I hear that HUD sells homes. How can I buy one?Visit hud.gov and read: How to Buy a HUD Home. Then look at the listings of HUD homes available at hudhomestore.com. If you find a home that interests you, you will need to contact a HUD-approved real estate broker (most brokers are HUD-approved), who can submit a bid for you. Successful bids are posted right on the page for your state.Who Can Buy a HUD Home?Almost anyone. If you have the cash or can qualify for a loan (subject to certain restrictions) you may buy a HUD Home. HUD Homes are initially offered to owner-occupant purchasers (people who are buying the home as their primary residence). Following the priority period for owner occupants, unsold properties are available to all buyers, including investors.How Are HUD Homes Sold?All properties available for purchase by the public are offered for sale at the HUD listing website: hudhomestore.com. Any real estate broker registered with HUD may submit an offer and

contract to purchase on your behalf. HUD pays the real estate broker's commission, if included in the contract.HUD Homes are offered for sale at fair market value, based on a recent appraisal. Generally, HUD Homes are sold in what is known as either Exclusive or Extended Offer Period, during which a potential buyer's offer must be made. At the end of the Offer Period, all offers are opened and the bid providing the highest acceptable net return to HUD may then be accepted. Following the initial “Exclusive Offer Period" homes remaining unsold are offered on an "extended" basis which means offers may be submitted on any business day. If a bid on one of these homes is acceptable, the broker will usually be notified within 48 hours of HUD's acceptance of the offer.Do HUD Homes have a warranty?HUD Homes are sold "As Is" without warranty. No repairs will be performed by HUD after closing. Purchasers are encouraged to have the properties inspected by a qualified home inspection service company to satisfy themselves as to the condition of the property.

Page 7: Shari Rocks' Presents 147 Colony Road in Newport News

Where Can I Learn About Available HUD homes?Visit hudhomestore.com to view available property listings, to learn about HUD programs, to locate a HUD broker and to find out how to purchase a HUD home.I am interested in purchasing a HUD home – how do I find a HUD broker to assist me?Please visit hudhomestore.com – you will be able to enter location information and find the names of HUD approved real estate brokers in your area.What is HUD’s Earnest Money Policy?Required Earnest Money: Must be in the form of a cashier's check, money order, or other certified funds made payable to the U.S. Department of Housing and Urban Development.  The original Earnest Money check should be submitted with the sales contract after bid acceptance.  The Earnest Money deposit will be sent to the Closing Agent after contract execution.1% of purchase price, minimum of $500 and maximum of $2000Will HUD pay for closing costs? HUD pays certain Closing Costs up to 3% of the purchase price. For consideration, the request for

closing costs must be made when the bid is submitted.When are you expected to close on your HUD home purchase?Effective October 18, 2011, All purchasers must close on or before the number of days of contract acceptance date as follows: 45 days for owner occupants and 30 days for investors.

FACTS YOU SHOULD KNOW

• HUD homes are sold as is without warranty

• Properties listed as "INSURABLE WITH ESCROW REPAIRS" means that certain repairs (not to exceed $5,000.00) are required to meet Minimum Property Standards for an FHA mortgage. These properties can qualify for FHA Section 203(b) mortgages if the purchaser and lender establish a repair escrow at the closing for the completion of repairs within 90-days of the closing.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

To find HUD homes for sale:Visit www.HudHomeStore.com

For More Information on Buying HUD homes:

Visit www.HudGov.com

Page 8: Shari Rocks' Presents 147 Colony Road in Newport News

Around TownSchools

Public SchoolsElementaryGeneral Stanford Elementaryhttp://generalstanford.nn.k12.va.us

Middle Mary Passage Middlehttp://passage.nn.k12.va.us

High SchoolDenbigh High Schoolhttp://denbigh.nn.k12.va.us

Higher EducationThomas Nelson Community CollegeChristopher Newport UniversityWilliam & Mary UniversityHampton University

The businesses are given as mere suggestions and no endorsement or monetary relationship exist.

ShoppingJefferson Commons 12551 Jefferson AvenuePatrick Henry Mall http://shoppatrickhenrymall.comPeninsula Town Center http://www.peninsulatowncenter.com

AttractionsNewport News Parkhttp://www.nnparks.com/parks_nn.phpVirginia War Museum http://www.warmuseum.orgVirginia Living Museumhttp://www.thevlm.org

TravelNewport News/Williamsburg International Airporthttp://www.flyphf.com/content/

Parks & RecreationFor activities around the city of Newport News, visit the city website at http://www.nngov.com/parks-and-recreation .

Check out the Newport News Visitor’s Guide athttp://www.newport-news.org/request-brochures.php

for your guide around Newport News. Available for download.

Page 9: Shari Rocks' Presents 147 Colony Road in Newport News

The Listing Agent

shari rocksreal estate agent

[email protected]

For me personally, it’s more than just buying and selling a home. It is truly about growing and enriching our lives and communities we live in.Often referred to as a Realtor’s Concierge, I pride myself in taking care of others during their real estate transaction. Rest easy knowing you have the convenience and ease with my services that take care of a spectrum of details and arrangements of your real estate transaction

During this transaction, if I am not representing you as the buyer you can rest assure your agent is getting amazing service and I am working towards a successful close.

Buyer Services Include:✓Property Matching✓Market Data Research✓Power Negotiations

✓Marketing✓Transaction Concierge

✓Preferred Partners Network✓Seamless Communication

And more than just real estate

Seller Services Include:✓Market Data Research✓Power Negotiations

✓Customized Marketing Plan✓Transaction Concierge

✓Preferred Partner Network✓Seamless Communication & Reporting

My knowledge, expertise and experience are at your fingertips!

native american group realtylicensed broker in VA & NC

5224 indian river roadvirginia beach, va 23464

47 w queens wayhampton va 23669

www.nagrhomes.com

shari rocksdirect 757.986.9125

fax 757.244.7069

[email protected]

Live Your Lifestyle In Luxury

Page 10: Shari Rocks' Presents 147 Colony Road in Newport News

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Recent Walden Neighborhood Activity

Active Listings174 Mark Twain Drive3bed/1bath | 1293sf | ranch | built 1966 | $101,000 | Bank Repo176 Edsyl Street3bed/1.5bath | 1372sf | ranch | built 1964 | $139,000 | Short Sale173 Colony Road4bed/2bath | 1350sf | cape cod | built 1350 | $169,700139 Bret Harte Drive4bed/1.5bath | 1510sf | colonial | built 1971 | $185.000Pending Listings118 Whitman Road3bed/2bath | 1209sf | ranch | built 1963 | $110,000Sold Listings165 Edsyl Street3bed/1.5bath | 1404sf | ranch | built 1964 | $177,000 | sold 12/12/12172 Emerson Circle3bed/1.5bath | 1040sf | ranch | built 1963 | $163,500 | sold 11/02/12181 Colony Road4bed/2bath | 2200sf | colonial | built 1961 | $195,000 | sold 09/21/12

*data based on the past 6 months of history available on REIN MLS