1030 Sweetbriar Trce, Madison, GA 30650
5 beds · 3 baths · 3,863 sqft sqft
Situated on 10 acres of scenic beauty within the prestigious Sweetbriar Trace community of Morgan County, this all-brick estate embodies a harmonious blend of opulence and peace. Enjoy breathtaking vistas of the surrounding landscape, fostering a sense of serenity and seclusion, yet conveniently located near UGA, Lake Oconee, and the quaint town of Madison, GA. This all-brick residence with mature landscaping offers 5 bedrooms and 3.5 baths across a sprawling open ranch floor plan, providing abundant space for both leisure and entertainment. The main floor features exquisite hardwood floors, complemented by plantation shutters adorning the windows, and a country kitchen boasting cherry cabinets, granite countertops, and recently acquired stainless steel appliances. Retreat to the oversized owner's suite on the main floor, boasting captivating views and an ensuite bath with soaking tub and 2 ample closet spaces. Upstairs, discover a spacious bonus/den/playroom alongside two generously proportioned bedrooms and one full bath. Recent upgrades include a temperature-controlled sunroom addition with walkout sitting deck, ideal for year-round enjoyment, a new roof with warranty, and modernized mechanical systems for enhanced comfort and convenience. Additional luxuries include a state-of-the-art water purification and well system, hot shot water for the owner's bath, leaf screening for gutters, a wood-burning fireplace, and a large walk-out basement with garage, primed for customization and ready for additional living space or to be utilized as a workshop/storage area. This property comes with 2 car attached garage on main floor and one in the basement. For equestrian enthusiasts, the property is enveloped by 3-board black fencing, inviting you to bring your horses. Two hardie board barns with metal roofing equipped with electricity further enhance the potential for additional workshop or storage space. Indulge in the epitome of luxury living in Sweetbriar Trace with an abundant space for leisure and entertainment, but especially to enjoy your privacy. Schedule your private tour today and seize the opportunity to make this tranquil sanctuary your own. All Information deem reliable, but not guaranteed to be accurate. Please use your due diligence. Showings begin Wednesday 5/23/24.
Source: GAMLS #10302357
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10302357
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
MLS ID: #10302357
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.