Meticulous standards are met at this exceptional offering in Douglas Park! Featuring well over $200,000 in mechanical, cosmetic, and exterior improvements, this 3,800 square foot four-bedroom, three-and-a-half bath, two-car garage residence is truly an entertainer's move-in ready dream. ALL major systems are young (AC 2024, Water Heater 2022, Roof 2020, Furnace 2019) and the .26 acre lot features extensive, top-notch landscaping and hardscaping improvements. Entering from the covered front porch, you'll find 9' ceilings and solid Oak hardwoods across the entire main level along with spacious dual living spaces, dual dining spaces, a gas fireplace, and an upgraded white kitchen with center island, granite counters, and stainless steel appliances. A customized ELFA walk-in pantry with barn door, a powder room, and two storage closets complete the main level. A two-story staircase with sunlit landing leads to the top floor of the home, a truly private retreat with elevated views. The owner's bedroom is comfortably oversized at 18' by 17' with windows on two sides. Dual custom walk-in closets (with drawers and adjustable features throughout) feature charming barn doors and upgraded lighting. The attached owner's bath offers spacious, separate dual vanities and recent upgrades including new sink and shower fixtures, upgraded lighting and mirrors, new hardware, and a new shower door (2026). This generously sized room is filled with natural light and includes a separate linen closet. The top level of the home also features a laundry room with full size washer and dryer (both new in 2022) and an adjacent walk-in storage closet. Both upper level secondary bedrooms are nicely sized, offer large closets, windows on two sides, and share access to the large hall bath with linen closet. All top floor bedrooms offer brand new ceiling fans. Retreat to the lower level to find a basement that feels nothing like one! The entire basement space has brand new carpeting and fresh paint (2026). The rec room offers a full size window and tons of natural light, upgraded recessed lighting, and a custom barn door to separate the lower level bedroom. Heading into the legal 4th bedroom (a permitted egress window was added in 2020) you'll be amazed at how large and flexible this space is! At nearly 17' by 12', this versatile space can easily function as a guest suite, office, gym, or playroom. This space has recessed lighting and a new ceiling fan, but natural light is of no shortage here. Additional storage and a third full bathroom are also located on this level of the home, as is the two-car attached garage. The garage is spotless, offering a brand-new polyaspartic floor coating (2026), an EV charger (2023), and a convenient side exit to the yard. This is a clean, casual, and useful entry point to this incredible home (and the perfect drop zone)! Last but certainly not least, escape to your own backyard oasis! With over 100 custom plantings and a stunning re-design by Landed Landscapes in 2019, you'll find everything from open grassy areas to natural stone walkways, paver staircases, retaining walls, expansive patios, a peaceful water feature, in-lawn irrigation system, landscape lighting, and useful side yard pathways...all fully fenced-in (re-stained 2025). A separate dog run was added in 2021 and a storage shed is tucked away for yard essentials. If spaces carry their own set of memories, this entire outdoor zone is one that is filled with laughter and happy moments entertaining friends and loved ones. In addition to the seemingly endless set of features within 1621 S Taylor Street, this location has so much more to offer just outside of it including: 2 blocks to the W&OD Trail, Four Mile Run Trail, and Metro Bus; <1.5 miles to Villages at Shirlington with a plethora of popular dining options, grocery, sports bars, theaters, etc.; 4 miles to DC; 5 miles to Reagan National Airport.
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.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
