Welcome to this beautifully maintained four level townhome in the sought after South Alex community. Offering 4 bedrooms, 3 full bathrooms, 2 half bathrooms, and nearly 2,900 square feet of thoughtfully designed living space, this home combines modern finishes, functional spaces, and an unbeatable location. The entry level features a spacious family room and a half bath, creating the perfect space for a home office, media room, or additional living area. The attached two-car garage is finished with an epoxy floor and includes a Rogue Fold Back wall-mounted fitness system, overhead storage racks, and plenty of room for parking and storage. The utility room, complete with the tankless water heater and HVAC system, rounds out this level. The main living level is designed for everyday living and entertaining, featuring an open concept layout that seamlessly connects the living room, dining area, and gourmet kitchen. The kitchen is appointed with quartz countertops, Bosch stainless steel appliances, custom pantry shelving, an updated Samsung refrigerator (2024), and new luxury vinyl plank flooring. Just off the kitchen, step onto the private deck to enjoy your morning coffee or unwind after a long day. The third level offers three bedrooms, including the spacious primary suite with dual closets and a luxurious ensuite bathroom featuring a walk in shower, soaking tub, dual sink vanity, separate water closet, and additional shelving for storage. Two additional bedrooms share a full hall bath, while the conveniently located laundry area and built in hallway hamper cabinet make everyday living even more convenient. The fourth level provides a private guest suite complete with a large bedroom, walk-in closet, plantation shutters, and a full bathroom. From this level, step outside to the spectacular rooftop terrace featuring upgraded composite decking (2024). The patio furniture conveys, allowing you to immediately enjoy outdoor entertaining or simply relax while taking in the views. Throughout the home you'll find numerous thoughtful updates, including fresh interior paint throughout the main living areas, hallways, and staircases, custom carpeted stairways on every level, a SimpliSafe security system, Google Nest smoke and carbon monoxide detectors, smart lighting, and whole-home surge protection. The upper-level HVAC system is equipped with an Aprilaire humidifier/dehumidifier, AquaAlarm Wet Switch, and EZ Trap system for added peace of mind. Additional maintenance includes professionally cleaned ductwork (2026), Len The Plumber service agreement with two yearly inspections, and upgraded toilet tanks. Residents of South Alex enjoy exceptional community amenities, including a dog park, tot lot, and guest permit parking on Red Star Lane. Commuters will appreciate the home's close proximity to Huntington Metro Station, Alexandria Amtrak and VRE Station, I-495, I-95, Route 1, the George Washington Memorial Parkway, and Ronald Reagan Washington National Airport. Shopping, dining, and everyday conveniences are just minutes away at South Alex, while Old Town Alexandria, National Landing, Amazon HQ2, the Pentagon, and Washington, D.C. are all within easy reach. Don't miss this opportunity to own a beautifully updated home in one of Alexandria's most convenient and desirable communities.
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.
