107 Parkview Rd, Glenview, IL 60025
3 beds · 1 baths · sqft
Discover the charm of this beautifully updated 3 br ranch, perfectly nestled in a serene neighborhood with direct access to the coveted Manor Park. Spanning over 1,800 square feet, this deceptively spacious home seamlessly blends comfort and modern living, making it an ideal retreat for the suburban lifestyle. A large picture window in the living room offers views of a seasonally picturesque neighborhood, highlighted by a whimsical magnolia tree. The combo living and dining room features ample wall space and a feature hallway perfect for displaying artwork. Each of the comfortable bedrooms boasts hardwood floors, updated lighting, and efficient closet organizers. The kitchen and utility area are designed for both functionality and style, featuring a pantry and space for an island or a table for four. Enjoy the convenience of a reverse osmosis water filtration system for on-demand drinking water, as well as a convection oven for whipping up delicious baked treats. The inviting, sun filled sitting room is adorned with vaulted ceilings, a wood burning FP and two walls of windows, overlooking a private 400sf courtyard with space for lounge seating & dining space for six. An expansive 450 sf family room continues the theme of spaciousness, featuring solid 4" plank white oak hardwood floors, LED lighting, and two large storage closets to keep essentials tucked away. The home benefits from zoned heating and cooling for year-round comfort. Numerous updates enhance the appeal of this lovely home, including a new front walkway, LED lighting, new chimney liners, and a rebuilt chimney for the wood-burning fireplace, insulated and fully encapsulated crawlspace, refinished hardwood floors in living room and bedrooms, updated interior hardware, etc. The detached 1.5-car garage offers ample space for your vehicle, gardening equipment, bikes, and more. In 2022 Parkview Rd was reconstructed with new water mains, gas lines, asphalt, and sidewalks, further elevating the neighborhood's charm. Located within the desirable School District 34 and District 225, this home is within walking distance to Hoffman Elementary, John's Park and vibrant Downtown Glenview, where you'll find shops, dining, a library, and easy access to the Metra station. Exciting new restaurants are set to open in the area this summer, making this an ideal location for those seeking community and convenience. Don't miss your chance to make this charming and expansive ranch your new home! Low taxes! 10 min to Old Orchard, 20 min to O'Hare! This property is broker owned.
Source: MRED #12202292
Interest rate and monthly payment estimated based on public records.
Source: MRED #12202292
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: #12202292
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