621 Mcgruder St NE, Atlanta, GA 30312
3 beds · 2 baths · 1,533 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Step off the Eastside BeltLine, and in less than 2 minutes, you are at 621 McGruder Street. Built when cotton looms still hummed nearby at the Fulton Cotton Mill, this 1930 historic mill cottage is Atlanta history wrapped in original heart-pine floors and sunlight. The home’s front-facing gable steals the show, sporting cheerful stripes of red, orange, and pink that let you know this cottage is anything but ordinary. Inside, three oversized bedrooms feature 10' ceilings, vintage picture rail, and nearly foot-tall baseboards that showcase original millwork. There are no cramped bedrooms here! Both front bedrooms are anchored by a stunning decorative double-sided fireplace, previously coal-burning. Step into the living room where vintage charm meets modern comfort. The open-concept floor plan with soaring cathedral ceiling is drenched in natural light, highlighting newly refinished hardwood floors that flow throughout. The kitchen offers granite countertops, newer stainless steel appliances, and French doors that lead directly to the back deck, creating a seamless indoor-outdoor connection. The laundry closet is discreetly integrated into the kitchen behind decorative double doors and includes a custom shelving unit to keep everything organized, keeping it out of sight but easy to access when needed. Just beyond the kitchen, the spacious primary suite feels like a private retreat in the treetops, with French doors that open to a large deck shaded by mature oak and pecan trees. A walk-in closet offers generous storage and a custom-designed shelving system that optimizes space and organization. The thoughtfully designed primary bathroom is a luxurious spa retreat, featuring premium finishes and a curbless shower to enhance accessibility. The fenced backyard has a fire pit for cool evenings, a playhouse tucked beneath the trees, and a tree swing that is ready to carry on the pleadings for “One more push!”. In the fall, the pecan trees will drop more than enough for a homemade pie or two. The basement offers valuable storage space with enough headroom to stand. Located in the heart of one of Atlanta’s most coveted neighborhoods, this home offers exceptional access to the city’s intown neighborhoods and activities. Having the Beltline at the end of your block makes staying active effortless. Coffee, tacos, breweries, gourmet pizza, vintage shops, live music — there are too many options to name. If you like to step out your door and straight into the action, this is your home. Schedule your showing today to experience one of the few Beltline-adjacent cottages that blend historical charm with dynamic intown energy
Source: FMLS #7575043
Source: FMLS #7575043
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.
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 620, 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 committed to and abides by the Fair Housing Act and Equal Opportunity Act.