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173 Empress Alexandra Pl, Fredericksburg, VA 22406
4 beds · 4 baths · 4,706 sqft
Welcome to your dream oasis! Nestled on an enchanting 4+ acre wooded lot, this stunning 4-bedroom, 3.5-bath home, built in 2015, offers the perfect blend of modern luxury and serene country living. Step inside to discover a spacious and inviting layout with high-quality finishes throughout, incredible amount of storage AND A LAUNDRY CHUTE. The main level features an open-concept living area that flows seamlessly into a gourmet kitchen, perfect for entertaining family and friends. Natural light pours in through large windows, showcasing the peaceful views of the surrounding trees. Retreat to the expansive back deck, where you can relax and enjoy the tranquility of nature or host summer barbecues in your private backyard paradise. The double car garage provides ample space for vehicles and storage. But that's not all—venture downstairs to the fully professionally finished basement, a true standout feature of this home. This versatile space includes a kitchenette, a generous bedroom, a luxurious bathroom, and an office, making it ideal for guests, in-laws, or as a private retreat. Every detail in this home has been thoughtfully crafted with high-quality products, ensuring durability and style. The sellers have dedicated themselves to making this home the best it can be, and now it's ready for you to make it your own. Don't miss your opportunity to own this unique, meticulously maintained property that perfectly combines comfort and elegance. Schedule your private showing today and experience the serene lifestyle you've been searching for!
Source: BRIGHT #VAST2040010
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 #VAST2040010
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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