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1 Parkway Loop Rd, Asheville, NC 28803

3 beds · 2 baths · 1,588 sqft

Concierge

Get a free consultation call with an expert in the mortgage assumption process.

This lovely, neat and tidy solar panel assisted home has so many areas to enjoy! Start with the easy flowing kitchen with fine cabinet and storage detail and the warmest of wooden ceilings with canned lighting, the living room with its gorgeous wood burning stone fireplace with wooden slab mantle, to the flexible use space in lower area. The attached multi-purpose garage with a mini-split for comfort could be for auto work, a wood shop, or studio use! The private wooden deck off the kitchen and the beautifully landscaped rock patio complete this home and peaceful setting. Pick your spot and relax! Or work. Or create. It's light and bright everywhere and in a primo location with easy access to the Blue Ridge Parkway, 10 minutes to downtown Asheville, 12 min. to Black Mountain and roughly 35 minutes to Lake Lure. You'll find the peaceful neighborhood and this home's setting just right.

Location
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Home details
Size
1,572 sqft
Year built
1985
Type
Single Family Residence
HOA dues
$20.00

Source: CANOPYMLS #4239632

Resources
Frequently asked questions

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.

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Last updated: Apr 14, 2025 07:59 pm
Listing agent: Andrew Pulsifer (828) 768-2417
Contact listing agent
Listing provided courtesy of: Be Realty Home Brokerage (828) 275-6170
Details provided by CANOPYMLS and may not match the public record.
MLS ID: #4239632
Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.
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