5436 Balls Mill Rd, Midland, VA 22728
4 beds · 4 baths · 3,584 sqft
Welcome Home! This beautifully maintained 4-bedroom, 4-bath rambler offers tons of square footage of versatile living space on nearly 2 private acres with no HOA - ideal for multigenerational living, rental income, or simply room to spread out in comfort and style. Located just 10 minutes from historic Old Town Warrenton, you’ll enjoy easy access to local favorites like the Warrenton Farmer’s Market, Old Town After Hours on Friday Spring through October, great breweries, charming shops, and beautiful nearby parks - making this location as convenient as it is enjoyable. Inside, the main level features hardwood floors, a bright eat-in kitchen with granite countertops, white cabinetry, and new stainless-steel appliances - all flowing into spacious, light-filled living areas. Cozy up by the wood-burning fireplace or relax in the sunroom with three sliding glass doors - perfect as a home office, reading nook, or plant haven. You'll also find four generously sized bedrooms, two full baths, and a new washer/dryer hookup for added flexibility. The fully finished walkout basement includes a private covered entrance, full second kitchen, two full baths, beautiful tile flooring, two large bonus rooms, and a second wood-burning fireplace with a striking brick mantle - an ideal space for extended family or rental income. Freshly painted and move-in ready! Outside, enjoy a gorgeous, landscaped setting with plenty of patio space for grilling, dining, or relaxing. The heated and cooled two-car garage is perfect for a workshop, gym, or creative space, and the oversized driveway offers ample parking. As a fun and functional bonus, the pool table and moveable wet-bar in the basement both convey - creating a built-in family game area that’s perfect for movie nights, friendly competition, or entertaining guests with ease. With a one-year-old condenser unit, a hot water heater 3 years old, and a roof approximately 12 years old, this home offers peace of mind and move-in readiness. Thoughtfully updated and lovingly cared for, this home checks all the boxes. Whether you're looking for your forever home, space for extended family, or income potential - this one has it all. Schedule your private showing today and fall in love with everything this home - and the Warrenton area lifestyle - has to offer!
Source: BRIGHT #VAFQ2016572
Source: BRIGHT #VAFQ2016572
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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.