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118 W Edmondson St, Culpeper, VA 22701
4 beds · 2 baths · 1,428 sqft
Welcome home to 118 W Edmondson St. where historic charm meets modern living! Nestled just a few blocks from the heart of vibrant Downtown Culpeper, this beautifully maintained 1929 home blends timeless character with thoughtful updates, all just a short stroll from some of the best of the town of Culpeper! Step in through the front door and be greeted by warm hardwood floors and the cozy living area to the right, enter to the spacious open eat-in kitchen, ideal for entertaining. The enclosed back porch off the kitchen is a great place to relax and enjoy your early morning coffee or unwind in the evenings, while overlooking the yard. One bedroom and bath are just off the kitchen on main level. Upstairs you'll find 3 bedrooms and a full bath with double vanities. The smaller middle bedroom could be used as office, nursery or extra walk-in closet space- Possibilities!! Here you’re just minutes walk distance from award-winning restaurants, boutique shopping, the farmer's market, local breweries, Yowell Meadow Park, and many of Downtown Culpeper's crowd pleasing cultural events. Whether you're drawn by the location, the history, or the lifestyle, this home offers a rare opportunity to own a piece of Culpeper’s past while enjoying all the comforts of today. Schedule those showings, and don't miss your chance to own this gem! *NEW ROOF & GUTTERS 2022, HVAC SERVICED 2024, and more in documents section!*
Source: BRIGHT #VACU2010936
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 #VACU2010936
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.
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