615 Traveller Court Lothian, MD 20711

$1,049,900
4
Beds
3
Baths
1.02
Acres
5,179
SQFT
203
$/SQFT
$1,049,900
4
Beds
3
Baths
5,179   sf
$203 / sf
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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.

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.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Anne Arundel
  • HOA Dues
    $125/mo
  • Tax Amount
    $11,765
  • Status
    Active
  • Listing #
    MDAA2152636
  • Built
    1993
  • Lot Size
    1.02
  • Listed on site
    66 days
  • Listing Agent Id
    800987804090

Listed by:
Real Broker, LLC

Source:
BRIGHT MLS

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Property details

Community Features

  • Has HOA
  • No Adult Community

Property Features

  • No Builder Restrictions
  • On Golf Course

View

  • Golf Course View

Exterior features

  • Deck
  • Has garage
  • Pool
  • Sprinkler System
  • Basement

Interior Features

  • Fire Place
  • Main Floor Bedroom

Style

  • Ranch / One Story

Property History

DateDays AgoEventNew Price
Sep 18, 202617 days agoPrice decreased50,000 (5%)$1,049,900
Sep 3, 20261 mo agoPrice decreased25,000 (2%)$1,099,900
Jul 31, 20262 mos agoNew on market$1,124,900
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