FIXER UPPER HISTORICAL(1927) *POOL HOME* WITH ADDITIONAL *LOT* IN THE CITY OF LEESBURG. This *estate home* is a *six bedroom 3 bath* home on . 48 acres(acreage includes the additional lot next to this home). The additional lot had a home demolished in the 2000's so a portion of the impact fees may already be paid. Each lot is 50x210. Opportunity awaits for the fixer upper/flipper in this historical two story home in the historical downtown Leesburg. Gorgeous wood floors, beautiful high ceilings, architecture from the 1927's that is so rare. Front porch with swing so you can sit and enjoy the beautiful large oak trees and tree shaded street. Downstairs has 3 bedrooms with large living room and kitchen while a separate stairwell leads to the upstairs where you will find another three bedrooms with a kitchen. This home was used as a boarding house so it had separate entrances. Recent plumbing PVC pipes installed. Quick closing possible.
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$395,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $316,000 | $316,000 | $316,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $119 | $119 | $119 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,183 | $2,129 | $2,688 |
Total Monthly Payment | $2,376 | $2,322 | $2,881 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.