Positioned at the confluence of Midtown and Virginia-Highland 587 Virginia offers an uncommon combination of architectural scale, modernized interiors, and direct adjacency to both the Beltline and Piedmont Park. This is not simply an “Intown” location; the building sits at the southeastern edge of Piedmont Park and along the Beltline corridor, placing daily access to both green space and urban infrastructure within immediate reach. The living area filled with natural light and a central open stair with exposed solid cherry treads define the space, while keeping sightlines clear. Abundant light enhances comfort and connection to the outdoors, with sunset views over Piedmont Park from the terrace. The main level has been fully updated with a cohesive, modern palette. Large-format light toned heated tile & European hardwood floors Quartzite leathered countertops Wolf Appliances Integrated wine fridge New sliding doors The kitchen has been fully reworked with an emphasis on integration and proportion. Cabinetry is flat-panel and vertically oriented, extending to near ceiling height, with a warm wood finish that introduces texture without visual fragmentation. Appliances are recently upgraded and include an integrated wine fridge, built-in or flush-mounted, contributing to a continuous plane across the working wall. A prominent stone slab backsplash—with pronounced natural veining—runs horizontally behind the cooktop and prep areas, establishing a clear focal point without reliance on ornamentation. The island is substantial in both scale and function, providing additional workspace and seating while maintaining alignment with the overall geometry of the room. The countertops are quartziete with a leathered finish. The bath on the main level reflects intentionality; incorporating a freestanding soaking tub placed within the open room, paired with a modern vanity and a large circular mirror that anchors the wall plane. The composition is minimal but deliberate, with a balance between light and dark finishes that avoids visual clutter. The primary features a fully tiled walk-in shower with large-format stone tile and a built-in bench, prioritizing both function and material continuity. Upstairs, the layout provides separation between sleeping areas while maintaining a visual connection to the main level below. The upper-level benefits from natural light and includes integrated storage solutions that are consistent with the home’s overall design approach. The balcony extends off the kitchen, and is oriented toward the Midtown skyline, with a clear visual of Midtown High School, Piedmont Park, and the surrounding tree canopy. The sliding doors were recently replaced. The property operates within a narrow band of Atlanta real estate where multiple high-value attributes converge: adjacency to Piedmont Park, direct access to the Beltline Eastside Trail, and immediate proximity to both the commercial density of Midtown and the neighborhood-scale retail and dining of Virginia-Highland. This convergence materially impacts both lifestyle and long-term desirability, and it is not broadly replicable within the market. This home is best understood as a combination of three distinct elements: a vertically organized floor plan that departs from conventional condo layouts, a fully modernized interior executed with restraint and consistency, and a location that sits at the intersection of Atlanta’s primary recreational and urban corridors. Each of these components is independently valuable; together, they position the residence in a category that is notably limited within the current inventory.
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.