This 1940s bungalow-style single-family home features 3 bedrooms and 1 bathroom, situated on a spacious corner lot. This property offers a cozy, traditional layout with plenty of potential for additional updates. Located in the heart of Leesburg, this single-family home boasts a solid concrete block foundation and excellent construction quality. It is ideal for handy first-time homebuyers or a great investment opportunity! This property offers a comfortable living space and the inviting large screened-in front porch provides the perfect spot to savor those summer breezes. Noteworthy features of this home include a unique outdoor square, and two-toned rustic finish fire pit, ideal for gathering with friends and family for some outdoor fun! Enjoy the convenience of being a short distance to several public buildings, convenience stores, and parks. With the recent replacement of carpet, freshly painted inside, and new air conditioner system. This property is in a prime location and is a must-see for anyone looking for a charming and affordable home in Leesburg.
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Our Executive Mortgage Banker:
Our Insurance Division:
$250,000
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 | $200,000 | $200,000 | $200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.295% | 6.538% |
Monthly Tax Payment | $163 | $163 | $163 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,331 | $1,347 | $1,715 |
Total Monthly Payment | $1,569 | $1,585 | $1,953 |
* 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.