713 Norfolk Ln, Alexandria, VA 22314
4 beds · 4 baths · 2,294 sqft
Rarely Available Light-Filled Townhome in Prime Old Town Greens Location Welcome to this impeccably maintained 4-bedroom, 3.5-bath townhome with bonus loft and a 2-car garage, ideally located in the sought-after Old Town Greens community of Alexandria. **UPDATES: Hot Water Heater (2024), Roof (2023), W/D (2023) Wood Floors (2021) Double-Paned Tinted Windows** From the moment you enter, you’ll appreciate the quality and care throughout. Entry level has hardwood floors, a versatile Bedroom/Office/Den/Gym with full bath and laundry. The main level impresses with hardwood floors and custom wood shutters with a bright, spacious family room complete with built-ins, recessed lighting, a half bath and an open style kitchen. The kitchen features granite countertops, SS appliances, hanging pot rack, pantry, and a cozy sitting/dining area anchored by a gas fireplace. The third level has hardwood floors, 3 bedrooms and 2 full baths and Custom Blackout Shades. The large Primary Bedroom has vaulted ceilings, ceiling fan and a spacious custom walk-in closet. The Primary En-Suite Bathroom has a jacuzzi tub and dual vanity with granite counters and modern sinks/faucets. The 2 additional bedrooms have custom closets and share a full bath with granite counters and linen closet. Upstairs, the fourth-level loft with built-in desk and closet offers endless flexibility—ideal for a home office, gym, or nursery. The oversized 2-car garage includes SafeRack overhead storage and built-in shelving to maximize storage space. Community Perks: Old Town Greens is an unparalleled neighborhood in the city of Alexandria. Enjoy low-maintenance living with access to fantastic amenities including a pool, playground, tennis courts, and nearby coffee shops and restaurants. You're just steps to the new Potomac Yard Metro, and within walking distance to Old Town and Del Ray. Minutes to D.C., Reagan National Airport, Amazon HQ2, Virginia Tech Innovation Campus, and several major military installations including the Pentagon and Fort Belvoir. This is more than a home - it’s a lifestyle in one of Alexandria’s most desirable neighborhoods.
Source: BRIGHT #VAAX2045158
Source: BRIGHT #VAAX2045158
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.