615 Grandview Avenue Newport KY 41071

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615 Grandview Avenue

Newport, KY 41071

Suburb: Newport

$225,000

3bd

2 - 1ba

2,000sqft

Under Contract

Investors dream here! This home has a newer roof, windows, water heater and HVAC but is in need of cosmetic updates. With 3 bedrooms and 2.5 baths plus shower in laundry and a two-car garage it's perfect to transform into a lovely home. Large deck in back and a treed view. Deck does need work but a perfect place to enjoy. No same day showings but reach out to your agent to set an appointment soon.

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Property Details

General Information

Property Type	Residential
Style	Single Family Residence
Suburb	Newport
Zip Code	41071
School District	Newport Indep
MLS#	626496

Additional Information

Levels	Bi-Level
Construction	Brick, Vinyl Siding
Architecture	Traditional
Total Acres	0.19
Water	Public
Sewer	Public Sewer
Foundation	Poured Concrete
Semi-Annual Taxes

Property Features

Property SqFt.	2,000
Basement	Finished
Cars	2
Parking	Garage, Off Street, On Street, Oversized
Windows	Insulated Window(s)
Heating	Forced Air
Cooling	Central Air

Additional Features

Appliances	Dishwasher, Refrigerator, Electric Range
HOA Fee 1
HOA Fee 2
HOA Fee 3
Total Yearly HOA Fees

Room Information

	Dimensions	Level
Living	14 x 13	1
Dining	11 x 9	1
Kitchen	10 x 10	1
Family	24 x 14	Lower

Bedroom Information

	Dimensions	Level
Master Bedroom	12 x 11	1
Bedroom 2	11 x 10	1
Bedroom 3	11 x 10	1

Bathroom Information

	Type	Level

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You can calculate the mortgage loan amount from the price of the real estate by providing the down payment percentage.

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Or if you know the price of the real estate and the loan amout and enter "0" for the down payment percentage, the calculator will calculate the down payment amount and percentage.

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.

The term (duration) of the loan is expressed as a number of months.

60 months = 5 years
120 months = 10 years
180 months = 15 years
240 months = 20 years
360 months = 30 years

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

The data relating to the real estate for sale on this web site comes in part from the Broker Reciprocity program of the Northern Kentucky Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Comey & Shepherd Realtors are marked with the Broker Reciprocity logo or Broker Reciprocity house icon. The properties displayed may not be all the properties available through Broker Reciprocity.

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