615 Traveller Ct, Lothian, MD 20711

$1,049,900
4
BD
3
BA
5,179
SqFt

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List Price
$1,049,900
Price Change
▼ $50,000 1789766142
Status
ACTIVE
MLS#
MDAA2152636
Bedrooms
4
Bathrooms
3
Full Baths
3
Living Area
5,179
Lot Size (Acres)
1.02
Style
Ranch
Year Built
1993
County
Anne Arundel
School District
Anne Arundel County Public Schools

Property Description

Assumable VA loan at 2.375%. A qualified buyer may take over the existing note — same rate, remaining balance, and remaining term — instead of borrowing that balance at a new VA rate near 6.9%. Unpaid balance $438,689, with 290 months remaining. Principal and interest is $1,990 a month, versus about $2,880 a month to borrow the same $438,689 on a new loan. The 2.375% rate does not finance the full price. At the $1,049,900 ask, the equity gap is about $611,000, due at closing in cash or subordinate financing. VA assumption funding fee is 0.5% of the balance, paid in cash. Subject to servicer approval and buyer qualification. Non-veterans may assume. A complete assumption file often takes 45 to 75 days. Custom all-brick residence in Cannon Club Estates at Old South Country Club, on 1.02 acres. About 5,179 square feet across three levels, four bedrooms, three full baths, a finished basement, and a four-space garage. Vaulted ceilings, expansive windows, and a three-sided wood-burning fireplace. Primary suite with a steam shower and a soaking tub. Three-tier patio and an in-ground heated plunge pool. Roof replaced in 2020, with lightning-rod protection, and a hardwired security system. Golf or social club membership is optional.

Additional Information

Subdivision
Old South Country Club
HOA Fee
$1,500
Interior Features
Attic, Breakfast Area, Family Room Off Kitchen, Gourmet Kitchen, Kitchen Island, Separate Dining Room, Entry Level Bedroom, Upgraded Countertops, Bath in Primary Bedroom, Window Treatments, Curved Staircase, Wood Floors, Chair Railings, Open Floor Plan
School District
Anne Arundel County Public Schools
High School
Southern
Fireplaces
2
Garage Spaces
4
Exterior Features
Sprinkler System, Other
View
Garden, Golf Course
Heating
Heat Pump
Cooling
Other
Roof
Architectural
Water
Private Well
Sewer
Septic Tank
Basement
Other

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Real Broker, LLC. Contact: