WOW - This spectacular retreat is back and better than ever. Situated on 4 sprawling, wooded acres in a quiet cul-de-sac along the Hudson River, this stately brick home offers a rare opportunity with multiple living options, where distinction and charm shine throughout. From the moment you arrive, the stunning setting makes a lasting impression, while the split-level design provides abundant and flexible living possibilities. DETAILS: *5 Bedrooms / 5 Full Baths *3,380+/- SQ.FT. *Year Built: 1988 *In-Law Apartment. SPECIAL FEATURES: -Extensively renovated throughout, with 3 separate living quarters complete with living and dining spaces, and kitchens -Updated Bathrooms -ALL NEW windows -Updated Electrical and Plumbing Systems -NEW gutters -Wood-burning fireplace -Decorative light fixtures --2" blinds -Laminate, Tile flooring -Tons of Storage Options. FLOOR PLAN: -Designed with a split-level layout, this home offers versatile and flexible living arrangements. -Welcoming, Split-level Foyer. -Formal Living Room with carpet flooring and picture window. -Eat-in Kitchen reconfigured removing a center wall to create a spacious, sunlight dining space completely open to the Kitchen. Sliding Glass Doors lead to the rear deck. -The kitchen features granite countertops, stained cabinets, laminate flooring, and a complete appliance package. APPLIANCES: ~Stove/Double Oven Combination ~Dishwasher ~Refrigerator ~Vent-hood Microwave. BEDROOMS/BATHS: -The main level hosts three cozy bedrooms grouped together down the hall, each with ceiling fan light fixtures and generous closet space. -The Hall Full Bath is updated with new tile floors, decorative vanity, updated lighting and new garden tub. -Reimagined, the oversized Owner's Suite now offers an addition featuring a sitting area, 6x10 closet, private deck, and a renovated ensuite bath with custom vanity and upgraded tile shower. LOWER LEVEL: 2 Suites with Living Quarters. -SUITE 1: Oversized, private living area, wood-burning fireplace, carpet flooring, private access to the screened porch, and updated full bath. -An oversized recreation room offers endless possibilities for entertaining or flex space. The layout has been redesigned, offering a spacious dining area with custom chandelier, media space, upgraded kitchen with custom cabinets, **quartzite countertops with pebbled stone backsplash, and stove/oven combo. -Laundry Room/Mud Room with storage closet, rear yard access, and a Full Bath. SUITE 2/In-Law Apartment: -Private front entry with covered patio porch. -Open layout with spacious Living Room and Kitchenette space with sink. -Tile Floors. -10Ft. Ceiling. -Bedroom with spacious closet. -Full Bath featuring a tiled shower. The in-law suite is a potential income producing unit! EXTERIOR: ~Newly Extended Open-air deck with built-in bench seating. ~Newer Screened Porch. ~Spiral staircase connecting to the lower living areas and yard. ~Fenced Rear Yard ~Chicken Coop. ~Garden beds ~2 storage buildings ~Oversized, 20x30 powered workshop with dual garage doors, climate control and covered 10x20 front porch ~Fruit-producing Peach Tree, Apple Tree, Muscadine Vine and Blackberry Bushes. ~Over 700+/- Feet River Frontage. EXTRAS: -Brick and Hardiplank Exterior. -Private Well (for outdoor watering) and septic tank. -All-Electric Systems. LOCATION: -7 minutes to Hwy. 441. -Within 6 miles to Banks Crossing shopping, I-85 and Tanger Outlets. --22 miles to Athens. A rare combination of acreage, unique living opportunities, and modern updates offers unmatched flexibility that sets this home apart.
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.
