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7585 Sedge Dr, New Kent, VA 23124
4 beds · 2 baths · 2,259 sqft
Why buy new when your dream home is already built?!! This beautifully designed rancher offers 4 bedrooms and 2 bathrooms, providing 2,200+ square feet of stylish living space. As you enter, you're greeted by LVP flooring, crown molding, and recessed lighting throughout the living areas. The spacious foyer, complete with coat closet, leads to the open great room, which features a ceiling fan. The gourmet kitchen is perfect for entertaining, featuring an eat-up bar, granite countertops, a stainless steel farmhouse sink, and appliances including a refrigerator, microwave, gas range, and dishwasher. A stunning tile backsplash, walk-in pantry, breakfast nook, and coffee area complete this space. The primary suite features crown molding, a ceiling fan, and an en suite bathroom with a double vanity, large walk-in tiled shower, walk-in closet, water closet, linen closet, and tile flooring. Three additional bedrooms, all with ceiling fans, offer ample space for guests. The convenient laundry room includes a washer, dryer, vinyl flooring, and cabinets. The hall bathroom boasts a double vanity, vinyl flooring, and a tub/shower combo. The 2-car attached garage features an auto opener and shelving for added convenience. Additional features include a Rinnai tankless gas hot water heater, irrigation, thermal windows, covered front stoop, and a covered patio with ceiling fan. The fenced rear yard provides privacy, with a shed for extra storage. Additional features include vinyl and stone siding, concrete parking pad, gutters, lamppost, and dimensional roof. Located in a fantastic community with a pool, playground, exercise room, and more. This home is just minutes from New Kent Winery, Viniterra Golf Course, and offers easy access to I-64. Don't miss this one!
Source: CENTRALVIRGINIA #2512252
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: CENTRALVIRGINIA #2512252
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.
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