1581 Poplar Grove Dr
Reston, VA 20194
3 beds · 3 baths · 1,343 sqft
$575,000
Get prequalified1581 Poplar Grove Dr
Reston, VA 20194
3 beds · 3 baths · 1,343 sqft
$575,000
Get prequalifiedPerfectly nestled in a premium corner location on quiet street and backing to woodlands for ultimate privacy in sought-after Birchfield in Reston this beautifully updated 3 bedroom, 2.5 bath end-unit townhome offers 1,343 square feet of living space, and all the modern luxuries homebuyers seek. The beauty begins outside a tailored exterior, 2 assigned parking spaces, and an oversized fenced rear yard with a large patio deck and shed surrounded by privacy fencing and backing to majestic trees. Inside, gleaming bamboo hardwood flooring, a soft neutral color palette, crisp crown moldings, chic upgraded lighting, a renovated kitchen, tastefully updated baths, and an abundance of windows on 3 sides are just some of the features that make this home so special.****** An open foyer welcomes you home and ushers you into the living room where windows on two walls fill the space with natural light illuminating warm hardwood flooring, crown molding, and neutral on trend paint. Onward, the renovated kitchen is sure to please with bright white cabinetry, gleaming granite countertops, custom tile backsplashes, and quality appliances including a smooth top range and a new microwave. A peninsula with pendant lighting provides bar style seating, while hardwood flooring flows into spacious large room that spans the entire home providing versatile dining and living space. Here, a paned glass door opens to the oversized fenced yard with an expansive patio deck, cute garden shed, and majestic trees beyond making indoor and outdoor entertaining and simple relaxation with family and friends a breeze. Back inside, a powder room and a laundry closet with full sized upgraded LG washer and dryer compliments the main level. ****** Hardwood flooring continues upstairs and into the light filled primary bedroom boasting triple windows, crown molding, and a stylish lighted ceiling fan. The luxurious ensuite bath features a sleek vanity with matching mirrored cabinet and a glass enclosed shower enhanced by chic metro style hand laid tile surround and flooring. Down the hall, you’ll find two additional bright and cheerful bedrooms, each with hardwood flooring, crown molding, and lighted ceiling fans, sharing the well-appointed upgraded hall bath. Additional features include a 2019 HVAC system, Ring Doorbell, Yale Keypad lock, and a Nest Thermostat for added convenience and security. ****** All this can be found in a peaceful community with all the fabulous amenities Reston has to offer, including pools, sports courts, playgrounds and so much more. Everyone will take advantage of the fine shopping, dining, and entertainment options in every direction, including Reston Town Center and nearby North Point Village Center putting all your daily necessities right at your fingertips. Outdoor enthusiasts can take advantage of the myriad of parks with miles of walking trails that truly make this community special, while commuters will appreciate the close proximity to Reston and Fairfax County Parkways, Route 7, Dulles Greenway, Silver Line Metro Station, and other major routes. If you’re looking for a quality built home upgraded with modern and stylish upgrades in a spectacular location, this is it!
Source: BRIGHT #VAFX2249252
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
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