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514 E Garden Street Freeport, IL 61032 Residential - Single Family Pending

Pending
  • 514 E Garden Street, Freeport, IL 61032 Main Photo

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Description

Stop Renting. Start Owning! Unique homeownership opportunity designed for renters ready to make the move to owning. Updated 3-bedroom, 1-bath home with a 1-car garage plus additional space behind the garage-perfect for a workshop or extra storage. Features include new vinyl plank flooring, updated bathroom, some vinyl windows, and 100-amp electrical service. This property qualifies for a unique homeownership program designed to help renters transition to ownership with minimal upfront cash and a simplified approval process. Example terms: $150,000 purchase price with payments as low as $1,295/month. Security deposit may be applied toward the down payment, and the first month's rent becomes the first mortgage payment. Program designed for hardworking buyers, including self-employed, 1099 earners, small business owners, ITIN holders, and credit-rebuilding applicants. If you qualify to rent, you may qualify to own. Program availability and terms vary. All approvals subject to income verification and underwriting guidelines. Equal Housing Opportunity.

Property Highlights

Property Type: Residential - Single Family
Total Living Area SF: 980
Garage Size: 1
Built in 1902
School District: District 145

General Information

Bedrooms: 3
Bathrooms: 1
Sqft: 980
County: Stephenson
Listed By:
Keller Williams Realty Signature 815-315-1111
MRED MLS

Room Information

Bedroom 2: 9X10
Bedroom 3: 9X9
Dining Room: 11X14
Kitchen: 9X17
Living Room: 12X13
Primary Bedroom: 11X14
$150,000
Est. $1,019/mo
3beds
1baths
980sqft
1cars
New to the Market Pending
BEDS3 BATHS1 full SQUARE FEET980 MLS#12593306
STATUSPending PROPERTY TYPEResidential - Single Family SCHOOLDistrict 145

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514 E Garden Street, Freeport, IL 61032.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $150,000$150,000$150,000
Down Payment $30,000$5,250$37,500
Monthly Mortgage Amount $710$848$912
Taxes $209$209$209
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$66$0
Monthly Estimated Total $1,019$1,223$1,221

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