Community Details
Employee Pricing is Here. Discover Your Savings!
Marleigh Manor, Atlantic Builders’ newest active adult community for those aged 55+, is well located along Leavells Road in Spotsylvania County at the intersection of Tipperary Trail in close proximity to I-95 and Route 1. The Spotsylvania Regional Medical Center and the brand new Fredericksburg VA Healthcare Center, which offers a comprehensive range of outpatient services for Veterans including Primary Care and Mental Health services, are both approximately 3.5 miles from Marleigh Manor. Abundant shopping, dining and recreational opportunities are also just minutes away in Cosners Corner, Central Park and Downtown Historic Fredericksburg.
Atlantic is offering one and two level attached duet homes with 2-3 bedrooms, 2-car garages at Marleigh Manor that have been designed for what today’s active adults want in a new home.
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*Financing example based on a 700 credit score and an FHA 5/1 CMT Adjustable-Rate Mortgage (ARM) with 1/1/5 adjustment caps. The scenario is based on a purchase price of $469,000, with a $23,450 down payment and a total loan amount of $453,347. The initial interest rate is 5.450% with an APR of 6.693%. There are no discount points being charged for the interest rate shown. The estimated monthly real estate taxes of $288.71 are calculated using the Spotsylvania County real estate tax rate of 0.7373%, applied to the $469,000 purchase price. Actual property taxes may vary based on the property’s assessed value, applicable exemptions, and future changes to the county tax rate. Homeowners insurance is estimated at $1,500 per year ($125 per month). The actual premium will be determined by the insurance provider and may differ from this estimate. The FHA 5/1 CMT ARM 1/1/5 provides a fixed interest rate for the first five years of the loan. After the initial five-year period, the interest rate may adjust once annually based on the applicable CMT index plus the loan’s margin. The 1/1/5 caps mean the interest rate may increase or decrease by no more than 1% at the first adjustment, 1% at each subsequent annual adjustment, with a maximum lifetime increase of 5% above the initial interest rate, subject to the terms of the final loan documents. The estimated monthly housing payment is $3,231.86, consisting of $2,559.85 principal and interest, $125.00 homeowners insurance, $288.71 real estate taxes, and $258.30 mortgage insurance. All figures shown are estimates for illustration purposes and are subject to change based on final credit qualification, loan approval, property information, insurance premiums, tax assessments, and market conditions. The interest rate is not guaranteed until it has been locked. Financing is through Guaranteed Rate, Inc. | NMLS #2611.
