236 Newsome Trl, Mcdonough, GA 30252
5 beds · 4 baths · 4,132 sqft
This STUNNING 5 bedroom, 4 bathroom estate boasting 4,132 sq ft of spacious living. Nestled on a serene acre of land in the prestigious Perrion Pointe community and backing up to a vacant wooded lot, this property offers the perfect blend of luxury, space, and privacy, ideal for families and entertaining. The expansive open-concept layout features abundant natural light, the gourmet kitchen is a chef's dream, equipped with modern stainless steel appliances, an enormous island for effortless meal prep, a butler's pantry/ wine bar, and an oversized kitchen pantry providing all the storage space you need to keep things organized. Each of the five bedrooms provides generous closet space, with the master suite offering a very large sitting room, the perfect space to relax, read a book and enjoy your private retreat. The en-suite bathroom is spa-like, providing a tranquil escape for ultimate relaxation. In addition to the main living areas, the home features a partially finished basement with excellent potential. With its outside entrance, the basement could easily function as a downstairs apartment or a private guest suite. The space has potential for a kitchen, living area, three additional bedrooms, and a bathroom, providing endless possibilities for customization to suit your family's needs or to create a separate living area. Enjoy relaxing or entertaining outdoors with both a back porch and a front porch, ideal for enjoying the views of your serene property, sipping coffee in the morning, or unwinding at the end of the day. The large backyard is a true oasis, perfect for barbecues, gardening, or simply relaxing in the fresh air. The property is part of a community with great amenities, including a kids playground, clubhouse, and a poo ideal for family fun and social gatherings. Each home sits on generously sized lots, offering plenty of space and privacy. Conveniently located just minutes from vibrant downtown McDonough, you'll have easy access to a variety of shops, restaurants, and entertainment options. Sandy Ridge Park is also within walking distance, offering even more outdoor activities for the whole family. Quick access to I-75 makes commuting to Atlanta and surrounding areas a breeze, while nearby parks and recreational facilities offer plenty of opportunities for outdoor activities and family fun. This property is a rare find in McDonough! Schedule your private tour today and experience the charm and spaciousness of this incredible home! Up to $26,150 in down payment and closing cost assistance available with preferred lender!
Source: GAMLS #10408940
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10408940
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 45-day close.
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: #10408940