Bowie Rental Townhome with Everything You Need in Perfect Location

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For additional information, contact Angel S. BrownPhone: 240-34-ANGEL

Mobile Phone: (301) 928-1007Have a Question?Request a Showing

15903 ELF STONE CT, BOWIE, MD 20716 

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Listing# PG8481979

Price: $2,000

Bedrooms: 4

Full Bathrooms: 2
Half Bathrooms: 2

Type: Residential - Townhouse

County: PRINCE GEORGES

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REMARKS

Clean large three level town home with 1 car garage. Hard wood floors on second level. Large deck off kitchen for entertaining. Recreation room which enters to a gorgeous patio and fenced back yard. A bathroom on every level. Wall mount for flat screen TV is already in.

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OVERVIEW:- collapse

Property Type:	Residential - Townhouse
Listing Status:	Active
Subdivision:	BOWIE NEW TOWN
Style:	Colonial
Stories:	3
Year Built:	1995
Exterior:	Brick and Siding
Roofing:	Composite
Windows/Doors:	Bay/Bow Windows, Double Pane Windows
Garage Description:	1 Car, Garage, Front Loading Garage
Parking:	Garage, Drvwy/Off Str
Heat Type:	Natural Gas
Heat Source:	Forced Air
Air Conditioning:	Electric Central A/C
Water:	Public
Sewer:	Public Sewer
Acres:	0.04
Zoning:	MAC

FEATURES:- collapse

Exterior Features:	Deck, Fenced-Rear, Patio
Amenities:	Auto Gar Dr Opn, MBR-BA Full, Shades/Blinds, W/W Carpeting, Wood Floors
Fireplace:	Y
Comm. Industrial Misc:	Floor Plan-Open
Foundation:	Concrete Slab
Handicap:	Lvl Entry-Main

ROOM INFO:- collapse

Total Full Baths:	2
Total 1/2 Baths:	2

SCHOOLS:- collapse

High School:

Bowie

FINANCIAL:- collapse

Rent/Lease:	$2,000
Tenant Pays:	Utilities - All, Fireplace / Flue Cleaning, Insurance, Light Bulbs / Filters / Fuses / Alarm Care, M
Lease Information:	No Smoking
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All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Keller Williams Preferred Properties. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Portions Copyright © 2014 Metropolitan Regional Information Systems, Inc . All rights reserved.

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Lower Your Federal Taxes, Every Year, For the Life of Your Loan

Maryland HomeCredit Program

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Lower Your Federal Taxes, Every Year, For the Life of Your Loan

A Maryland HomeCredit can save a homebuyer tens of thousands of dollars over the life of a home loan, and makes owning a home more affordable. Together with a home loan through the Maryland Department of Housing and Community Development's (DHCD's) Maryland Mortgage Program (MMP), which offers Down Payment Assistance and the certainty of a 30-year fixed interest rate, the State of Maryland is making the dream of sustainable homeownership a reality for more Marylanders than ever.

To get started, contact one of our approved MD HomeCredit lending partners today.

You may already know about the mortgage interest deduction that most homeowners already claim each year on their federal taxes. The Maryland HomeCredit Program is different, and provides a federal tax credit to eligible homebuyers. A tax deduction reduces the homeowner’s “taxable income”. In contrast, a tax credit, such as the Maryland HomeCredit, provides the homeowner with a reduction in their actual federal tax liability.

DHCD's Maryland HomeCredit Program provides eligible homebuyers with a federal tax credit that may be claimed annually, the value of which is equal to 25% of the value of mortgage interest payments (up to $2,000) paid each year, for the life of the loan (i.e. until payoff, sale, refinance or transfer).

How to Get a Maryland HomeCredit

Homebuyers apply for a Maryland HomeCredit through an approved mortgage lender.  The Lender will confirm the borrowers' eligibility for this program, and submit an application to the Maryland Department of Housing and Community Development (DHCD).

Who Can Get a Maryland HomeCredit?

To get a HomeCredit, you must be purchasing a home in Maryland and meet borrowing criteria that include:

• You must meet the same income limits and home purchase price limits as the Maryland Mortgage Program;
• You cannot have owned a home during the past three (3) years, UNLESS you are purchasing in aTargeted Area;
• The home  you purchase must be your primary residence.

 NOTE - the Maryland HomeCredit Program is not available for refinances or existing homeowners

Calculating the Value of an Maryland HomeCredit

The size of the tax credit received by a homeowner with a HomeCredit is 25% of that year's mortgage interest payments, up to a maximum credit of $2,000 in any single year. 

Note that the actual net savings due to the HomeCredit are likely to be less than the face value of the tax credit, since the value of the of interest payments associated with the tax credit (25% of total interest payments) cannot also be used as a standard mortgage interest deduction. 

The following example shows a typical calculation:

 

 

Our downloadable calculator can help you estimate how a Maryland HomeCredit can provide you with savings over the life of a loan. 

Maryland HomeCredit Fees

 

 

GET STARTED - Talk to an Approved Maryland HomeCredit Lender

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