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1114 South Highland St # 1, Arlington, VA 22204
2 beds · 1 baths · 952 sqft
*Qualified VA buyers can assume the seller’s exceptionally low 2.625% VA loan with an estimated $114,000 payment gap. Enjoy a total monthly payment of just $2,164—a significant savings compared to today’s interest rates! Don’t miss this stunning, like-new two-bedroom condo in the recently built Axumite Village community (completed in 2021). The spacious, single-level floor plan offers a modern open-concept kitchen and living area designed for both comfort and style. Enjoy updated designer lighting, a custom mosaic tile backsplash, sleek Porcelanosa cabinetry, and striking quartz waterfall countertops. Oversized windows flood the space with natural light, creating a bright and welcoming atmosphere ideal for relaxing or entertaining. Step outside to your own private, patio oasis—perfect for cozy evenings or catching the game outdoors. With string lighting, shade sail, decorative greenery, and privacy panels, this space feels like an outdoor living room. The generous primary suite features a huge walk-in closet and direct access to the patio. The spa-inspired bathroom includes a soaking tub, Porcelanosa tile and chrome fixtures for a sleek, serene feel. Additional perks include a deeded parking space, private storage unit, bike racks, and beautifully landscaped community walkways. As a newly constructed building, everything in this home—from the systems to the finishes—is just a few years old, offering peace of mind and low maintenance. AND the condo fees are only $187/mo and includes water! The location of this condo offers exceptional convenience. Enjoy quick access to major commuter routes, the Pentagon, and Amazon HQ2. You’re just minutes from the lively shops, dining, and entertainment options of Columbia Pike, Clarendon, and Ballston. Plus, the nearby Walter Reed Community Center offers sports courts, fitness classes, playgrounds, and frequent community events, adding to the vibrant neighborhood lifestyle. Parks, bike trails, and public transit are also close by—perfect for anyone wanting an active, connected Arlington experience.
Source: BRIGHT #VAAR2060872
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: BRIGHT #VAAR2060872
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.
No credit check. Takes 2 minutes.