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8412 Newbys Mill Dr, Chesterfield, VA 23832
4 beds · 3 baths · 2,937 sqft
Welcome to this beautifully maintained and spacious 3-story transitional home offering timeless design, quality craftsmanship, and thoughtful updates throughout. From the moment you step into the grand foyer with 9'+ ceilings and hardwood flooring, you'll appreciate the elegant flow and attention to detail. It's simply stunning. The formal dining room features a tray ceiling, abundant natural light, and refined trim—perfect for entertaining. The open-concept main living area connects the family room, kitchen, and morning room, creating a bright, airy feel. The family room showcases hardwood flooring, crown molding, and custom windows. The kitchen is beautifully updated with granite countertops, stainless steel appliances, hardwood floors, a large center island with breakfast bar, and a double-door pantry. The first floor laundry room sits right off the kitchen with shelving! The morning room, surrounded by windows, offers the perfect space for casual dining and overlooks the private backyard. Upstairs, hardwood flooring continues on the stairs and upper hallway. The spacious primary suite includes hardwood floors, a walk-in closet, and a luxurious en suite bath with double vanities, soaking tub, and walk-in shower. Three additional bedrooms offer bamboo or carpeted flooring, double-door closets, and ample space. The third floor features a versatile 39-ft bonus room with its own mini-split HVAC system, closet, and built-in storage—ideal as a media room, gym, or guest suite. Outside, enjoy a large rear deck overlooking the fully fenced backyard, complete with a custom shed featuring both a walk-in AND roll-up door. The attached 2-car garage includes automatic openers and a paved driveway. Additional upgrades include a new water heater (2025). This home offers style, space, and convenience in a beautifully landscaped setting—don’t miss it!
Source: CENTRALVIRGINIA #2514806
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 #2514806
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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