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519 Cardinal Ln, Warrenton, VA 20186
5 beds · 5 baths · 7,207 sqft
BETTER PRICE! Don't miss it. Where else can you get this much house for such an amazing price. This home is meticulous. ”Strategically Priced for today's Market. Stunning Colonial Masterpiece in Cardinal Fields Welcome to 519 Cardinal Lane, a magnificent colonial home nestled on over a third acre in the sought-after Cardinal Fields neighborhood of Warrenton, VA. Enjoy all this home has to offer, starting with close proximity to several grocery stores, parks, and wonderful community events in downtown Warrenton. This exquisite property, built in 2009 and extensively remodeled in 2023, offers an impressive 7,207 square feet of luxurious living space across three beautifully finished levels. Every detail has been meticulously crafted to create the perfect blend of elegance and comfort. Elegant Interior Features As you step inside, you'll be greeted by a thoughtfully designed open floor plan. The main level boasts stunning acacia wood floors, a beautiful office space, a custom-built island in the gourmet kitchen, a morning room that will boost your day, and a coffered ceiling in the inviting family room, complete with custom built-ins and a double-sided gas fireplace. The primary suite is a true retreat, featuring a spacious sitting area, three closets with beautiful built-ins, and a large ensuite bathroom with two sides that will eliminate challenging mornings. With a total of four bedrooms above grade and three full bathrooms, and the additional fifth bedroom/office and full bathroom in the fully finished basement, this home offers ample space for family and guests alike. Enjoy evenings as you and your loved ones sit by the double-sided fireplace or view movies in the spacious theater room. Entertaining is so easy on the lower level with the additional kitchenette. Entertaining and Relaxation The fully finished basement wired for automation is an entertainer's dream. It includes a kitchenette, theater room, gym, and additional office or potential fifth bedroom. The built-in wine/liquor closet is perfect for storing your favorite beverages. Outdoor Oasis Step outside to the expansive Trex Composite deck, which features a charming cedar pergola, perfect for enjoying the fresh air and moonlit evenings. The fenced yard provides privacy and a safe play space for children and pets. Additional Highlights - New carpet on the main floor - Wainscoting in the dining and office - Built-in shelves and countertop in the laundry room for storage and convenient folding surface. - HOA fee of just $585 per year - Assumable VA loan at 2.75% interest rate for qualified veterans Don't miss the opportunity to make this stunning colonial masterpiece your forever home. Schedule a private showing today and experience the unparalleled luxury and charm of 519 Cardinal Lane. This home shows like a model.
Source: BRIGHT #VAFQ2016646
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Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: BRIGHT #VAFQ2016646
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.
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