Picasso

For

$374,990

Estimated Monthly Payment

$2,120

Own a home at Laurel Oaks Condos
Temporary Interest Rate Buydown Subsidy Available.
Year 1: Payment of $2,120, based on a 3.375% Interest Rate, 5.945% APR
Year 2: Payment of $2,331, based on a 4.375% Interest Rate
Year 3-30: Payment of $2,554, based on a 5.375% Interest Rate

Principal & Interest

$1,626

Property Tax

$266

Hazard Insurance

$62

Mortgage Insurance

$166

Total estimated monthly payment

$2,120

Financing example based on a FHA 30 year fixed loan product with a 2-1 buydown. Based on a sales price of $374,990, a loan amount of $367,903 and a 3.5% down payment. Principal and interest payment of $1,626/month with a rate of 3.375% for year one, $1,837/month with a rate of 4.375% for year two, $2,060/month with a rate of 5.375% for year three and an APR of 5.945%. Rates come at a cost of 2.875% of the loan amount. Real estate taxes are estimated at $266 per month, mortgage insurance is estimated at $166 per month and hazard insurance is estimated at $62 per month for a total monthly payment of $2,120 for year one, $2,331 for year two and $2,554 for years 3-30. Interest rate is based on a 30 day rate lock. Rates and APR on loan programs may vary based on credit criteria, final amount of down payment and are subject to current market pricing. Maximum product permissible Interested Party Contribution Limits and QM points/fee limits apply. Certain restrictions may apply. Prices, offers and financing are subject to change without notice. Financing is available through NVR Mortgage Finance, Inc. NMLS ID# 1127.

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804.258.4155

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Get in touch with us to learn more about building this home.

Located in Laurel Oaks Condos

3 Bedroom

2,617 Sq.Ft.

2 Full Bath

1 Half Bath

1 Car Garage

Floor Plan

Virtual Tour

About the Home

Welcome home to the Picasso in Laurel Oaks – available for quick move-in!

QUICK MOVE-IN PICASSO, ALL UPGRADES INCLUDED. This one-car garage condo is designed to be both practical and stylish, with more than 2,600 square feet, this penthouse unit offers the space of a single-family home! The kitchen is a chef’s dream with a huge island and pantry. An amazing sky lanai with an outdoor gas fireplace brings the outdoors in. Upstairs is a truly magnificent owner’s suite featuring dual walk-in closets, sitting area, and en suite bathroom with oversized shower, dual vanities and a private water closet. This level also features two spacious secondary bedrooms with hall bath, linen closet and laundry room.

Laurel Oaks offers the perfect location you’ve been searching for, with an array of nearby shopping, dining, and activities just waiting for you to explore! Enjoy a bite to eat at popular restaurants like Potros Mexican, Franco’s Italian, and Bruster’s Real Ice Cream. You can also shop conveniently at the nearby Target, Marshall’s, Kroger, Food Lion, and Publix. Looking for even more? Six miles in either direction find Short Pump or Scott’s Addition. You’ll never run out of options!

Located in the

Laurel Oaks Condos Community

8042 Lake Laurel Lane, Unit B
Glen Allen, VA 23060

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Decorated Model

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From $399,990+

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Floor Plan

Virtual Tour

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Private tours of Quick Move-In Homes are available by appointment only. Please fill out your preferred day and time and we will contact you to schedule your tour.

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