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Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 912 sqft
Price per Sqft $356
Subdivision Fairmount
MLS Listing ID MDPG2222604
Style Ranch/Rambler
Bedrooms 3
Full Baths 1
Half Baths 1
HOA Y/N N
Abv Grd Liv Area 912
Year Built 1950
Annual Tax Amount $3,645
Tax Year 2025
Lot Size 7,641 Sqft
Acres 0.18
Property Sub-Type Detached
Source BRIGHT
Property Description
**AN INCREDIBLE OPPORTUNITY TO ASSUME A VA MORTGAGE WITH AN INTEREST RATE OF JUST 2.375%!** In today's lending environment, opportunities like this don't come around often! Welcome to 5014 N Englewood Drive, a charming, move-in-ready detached home offering 3 bedrooms, 1.5 bathrooms, and an exceptional location just outside Washington, D.C. With a recently improved asking price AND the potential to assume the seller's existing VA loan at an astonishing 2.375% interest rate, this property offers a financing opportunity that truly sets it apart from the competition!
**LOCATION, LOCATION, LOCATION!** Whether you're stationed at Joint Base Andrews, Joint Base Anacostia-Bolling, or the Washington Navy Yard, or simply looking for convenient access to the nation's capital, this home's location deserves your attention. Situated in Capitol Heights, you're within easy reach of Washington, D.C., Northern Virginia, National Harbor, and major employment centers throughout the DMV. Nearby access to the Capital Beltway (I-495), Route 50, I-295, and Metro connections makes commuting throughout the region convenient. From shopping and dining to entertainment, parks, and everyday essentials, everything you need is within reach.
Step inside and discover a home that offers comfortable living spaces, natural light, and a practical layout designed for everyday living. With three bedrooms and one full bathroom plus a convenient half bath, there's flexibility for a variety of needs, whether you're looking for your first home, downsizing, or simply searching for a detached property close to D.C. Outside, enjoy the convenience of your own private driveway and yard, providing additional space for outdoor entertaining, relaxing, or enjoying time at home.
**BUT WHAT REALLY SETS THIS PROPERTY APART IS THE FINANCING OPPORTUNITY!** The seller's existing VA mortgage carries an interest rate of just **2.375%**, and qualified buyers may have the opportunity to assume that loan rather than obtain an entirely new mortgage at prevailing rates. Buyers who need additional funds to cover the difference between the remaining loan balance and the purchase price may also be able to explore **junior financing, such as a second mortgage**, potentially reducing the amount of cash needed upfront. Any secondary financing would be subject to lender availability, buyer qualification, and approval by the appropriate parties. This combination could create an attractive financing opportunity for the right purchaser.
Between its recently reduced asking price, detached-home appeal, convenient location near major military installations and Washington, D.C., and the opportunity to assume a VA loan at just 2.375%, **5014 N Englewood Drive offers a combination of location, value, and financing potential that's difficult to overlook!** Don't miss your chance to explore this unique opportunity. Schedule your private showing today!
**VA loan assumption is subject to servicer approval, buyer qualification, and applicable loan-assumption requirements. The 2.375% interest rate applies only to the outstanding assumable loan balance. Junior financing, if available, would carry separate terms and require applicable approvals.**
Location
State MD
County Prince Georges
Zoning RSF65
Rooms
Main Level Bedrooms 3
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Flooring Vinyl
Heat Source Natural Gas
Exterior
Water Access N
Roof Type Shingle
Accessibility Doors - Swing In
Garage N
Private Pool No
Building
Story 1
Foundation Slab
Above Ground Finished SqFt 912
Sewer Public Sewer
Water Public
Architectural Style Ranch/Rambler
Level or Stories 1
Additional Building Above Grade, Below Grade
Structure Type Dry Wall
New Construction N
Schools
School District Prince George'S County Public Schools
Others
Senior Community No
Tax ID 17182119683
Ownership Fee Simple
SqFt Source 912
Acceptable Financing Cash, Conventional, FHA, VA, Assumption
Listing Terms Cash, Conventional, FHA, VA, Assumption
Financing Cash,Conventional,FHA,VA,Assumption
Special Listing Condition Standard
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Nearby Locations
Questions About This Property?
Saad Jamil
(703) 782-4830Arslan Jamil
(571) 621-5413Request Sent!
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