501 Clairmont AVE SPRINGFIELD OH 45505

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501 Clairmont AVE

SPRINGFIELD, OH 45505

Suburb: Springfield

$99,900

3bd

1 - 0ba

Under Contract

Handyman special! With a little work this can be your next dream home. This cute cape cod has solid bones and offers 3 bedrooms and 1 bath as well as an unfinished basement, 1 car detached garage and a fence in yard. Offering many features including original hardwood floors that can be restored. Kitchen comes equipped with appliances. Basement offers a shower and the laundry facility. House is built with steel beam construction. Situated in a quiet neighborhood. Don't wait! After repair value projected at $155,000-$165,000.

Directions

E HIFH ST TO CLAIRMONT TO ADDRESS

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Property Details

General Information

Property Type	Residential
Style	Single Family
Suburb	Springfield
Zip Code	45505
School District	Springfield
MLS#	923725

Additional Information

Levels	1.5 Story
Construction	Vinyl
Lot Dimensions	43 x 148
Total Acres	0
Occupancy	At Closing
Semi-Annual Taxes

Property Features

Basement	Full, Unfinished
Garage	1 Car, Detached
Cars	0
Heating	Forced Air, Natural Gas
Cooling	None

Additional Features

Room Information

	Dimensions	Level
Living	16 x 12	1ST
Dining	12 x 12	1ST
Kitchen	17 x 9	1ST

Bedroom Information

	Dimensions	Level
Bedroom 2	12 x 12	1ST
Bedroom 3	13 x 12	2ND
Bedroom 4	16 x 12	2ND

Bathroom Information

	Type	Level

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Points, Annual Property Taxes, Annual Insurance and Private Mortgage Ins. (PMI) are all optional. If you enter values, the periodic portion of each will be calculated and shown on the schedule. Property taxes and insurance are combined under escrow.

If a borrower does not have cash to cover at least 20% of the purchase price, some lenders will require the borrower to purchase private mortgage insurance (PMI) to cover against a possible default. Premiums are typically 0.5% to 2.0% of the original loan amount. The borrower can drop the insurance coverage once the mortgage balance is less than 80% of the original purchase price. The calculator handles this automatically. (There may be other conditions as well under which the lender will no longer require PMI. One such case might be apprciation of the real estate.)

Points are charges that are normally due at closing. Borrowers (normally only in USA) may select to pay a lender "points" up front in exchange for a lower interest rate. Points are expressed in percent and are calculated on the amount borrowed. 3 points on a $200,000 mortgage equals $6,000. If the user enters points, this calculator includes their value in the summary and as part of the total payment at loan origination on the payment schedule.

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Need more options including the ability to solve for other unknowns, change payment / compounding frequency and the ability to print an amortization schedule? Please visit, https://AccurateCalculators.com/mortgage-calculator

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