1806 Short Leaf Ln, Soddy Daisy, TN 37379
3 beds · 3 baths · 1,768 sqft
Welcome to 1806 Short Leaf Ln, a beautifully renovated split-level home in the heart of Soddy-Daisy. This inviting 3-bedroom, 2.5-bathroom residence exudes charm and functionality, offering an impressive layout perfect for modern living. Upon arrival, you'll be drawn to the home's solid foundation and architectural design. The spacious two-car garage provides ample storage, and an adaptable flex space on the lower level offers endless possibilities. Whether you envision a home office, gym, additional living area, or a comfortable space for an in-law suite, this home meets diverse needs with ease. The split-level design ensures privacy and convenience, with main living areas and bedrooms strategically separated. On the main floor, you'll find two well-lit bedrooms sharing a full bathroom, alongside the master suite, which offers a private retreat with its own full bathroom. The heart of the home features a newly renovated open concept kitchen and dining area, complete with gleaming granite countertops, new flooring, and modern appliances. A fresh coat of paint and updated elevation enhance the home's aesthetic appeal, while the newly constructed deck extends your living space to the outdoors—ideal for entertaining or relaxation. Downstairs, discover a generous bonus room, a laundry room, and an additional half bathroom—offering flexibility and convenience for everyday living. The entire property is fully fenced, ensuring both privacy and security, while its central location places you close to everything Soddy-Daisy has to offer. This home will be FHA available starting 11/21/24 and also qualifies for 100% USDA financing, making it a superb opportunity for a wide range of buyers. Don't miss your chance to own this stylish and versatile home. Schedule a viewing today and start envisioning your life at 1806 Short Leaf Ln! Information is deemed reliable but not guaranteed. Buyer to verify any and all information they deem important.
Source: REALTRACS #2753751
Interest rate and monthly payment estimated based on public records.
Source: REALTRACS #2753751
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless closing.
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.
What is Roam?
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.
What is an assumable mortgage?
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.
Why is an assumable mortgage valuable?
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
MLS ID: #2753751
