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.
Property Type(s):
Single Family
|
Last Updated
|
10/19/2026
|
Tract
|
OLD SOUTH COUNTRY CLUB
|
|
Year Built
|
1993
|
Garage Spaces
|
4.0
|
|
County
|
ANNE ARUNDEL
|
SCHOOLS
| School District |
ANNE ARUNDEL COUNTY PUBLIC SCHOOLS |
| High School |
SOUTHERN |
Additional Details
| AIR |
Electric, Other |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Cooktop, Dishwasher, Disposal, Electric Oven, Electric Range, ENERGY STAR Qualified Water Heater, Exhaust Fan, Humidifier, Microwave, Oven, Refrigerator, Trash Compactor, Washer, Water Purifier |
| BASEMENT |
Other, Yes |
| CONSTRUCTION |
Brick |
| EXTERIOR |
Other |
| FIREPLACE |
Yes |
| GARAGE |
Yes |
| HEAT |
Central, Exhaust Fan, Heat Pump |
| HOA DUES |
1500|Annually |
| INTERIOR |
Central Vacuum, Kitchen Island, Open Floorplan |
| LOT |
1.02 acre(s) |
| PARKING |
Garage Door Opener, Asphalt, Circular Driveway, Paved, Garage, Driveway, Basement, Attached |
| POOL |
Yes |
| POOL DESCRIPTION |
Private |
| SEWER |
Septic Tank |
| STORIES |
3+ |
| STYLE |
Ranch/Rambler |
| SUBDIVISION |
OLD SOUTH COUNTRY CLUB |
| TAXES |
11765 |
| VIEW |
Yes |
| VIEW DESCRIPTION |
Golf Course, Garden |
| WATER |
Private |
Location
Listing provided by Real Broker, LLC
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