1005 Peach Tree Ln, New Bern, NC 28562
3 beds · 3 baths · sqft sqft
Welcome to 1005 Peach Tree Lane, a stunning two-story home nestled on a sprawling 2.9-acre cul-de-sac lot, stretching all the way down to the serene Haywood Creek along the Trent River and featuring 3 updated HVAC systems. This charming 3-bedroom, 3-bathroom retreat spans 2,426 sq. ft. and offers both space and seclusion. A stamped concrete driveway and pathway lead you to the inviting front door, and there's a convenient attached one-car garage. Enter inside to discover gleaming hardwood floors that flow throughout the main level. To your left is an elegant formal dining room, perfect for hosting gatherings, while to your right is the cozy living room featuring a gas log fireplace—ideal for cool evenings. Beyond the living room, a spacious den awaits, adorned with built-in shelving, creating the perfect space for relaxation or entertaining. The kitchen, just off the dining room, is a chef's dream with stainless steel appliances, beautiful tile flooring, and plenty of storage space. Down the hall, you'll find a full bathroom and a versatile study that opens through French doors into the luxurious primary suite. This tranquil retreat boasts a tray ceiling, a generous walk-in closet, and a spa-like en suite bathroom with a dual-sink vanity, soaking tub, separate walk-in shower, and elegant tile flooring. The primary suite also offers private access to the peaceful backyard oasis. Upstairs, two spacious bedrooms with sleek LVP flooring share a full bathroom, offering comfort and style for family or guests. Outside, enjoy your morning coffee or evening sunsets on the back patio, surrounded by the beauty of nature. This home's prime location in New Bern, NC, provides the perfect balance of peaceful seclusion and convenient access to everything you need, with easy commutes to MCAS Cherry Point and the breathtaking beaches of North Carolina's Crystal Coast. Don't miss this rare opportunity to own a piece of paradise, contact us today for your private tour!
Source: NORTHCAROLINAREGIONAL #100464570
Interest rate and monthly payment estimated based on public records.
Source: NORTHCAROLINAREGIONAL #100464570
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
What is Roam?
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.
What is an assumable mortgage?
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.
Why is an assumable mortgage valuable?
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #100464570