1 of 36
$600,000

115 Woodland Chase Ct, Simpsonville, SC 29681

5 beds · - baths · sqft

LOOK NO FURTHER, this is the one you’ve been searching for!!! 115 Woodland Chase Court was built in 2016 and is being sold by the original owner. You will notice pride in ownership throughout this exceptional property. This beautiful two-story constructed home has outstanding curb appeal. From a recent appraisal, the home has 3157 SQFT of heated and cooled space featuring 5 bedrooms, 3 full baths, a THREE CAR ATTACHED GARAGE, and is nestled on a private cul-de-sac lot in the established community of Woodland Chase located in the desirable Five Forks area of Simpsonville, SC. Enjoy the sights and sounds of nature while walking or jogging on the neighborhood walking path that runs along a woodland creek. The floorplan, called the “Landon”, is a highly sought after design this home has an open concept, smart layout, and tons of natural sunlight. The owner has beautifully decorated the home including neutral wall color selections. The kitchen is truly a chef’s dream and has classic upgrades that will be loved such as off- white cabinetry, plenty of storage, a tumbled stone backsplash, polished granite countertops, an oversized gourmet island with breakfast bar counter, a stainless sink with disposal, stainless steel appliances including double ovens, dishwasher, a gas cooktop with a vent, and a GE refrigerator. As you enter the front door, a charming foyer welcomes you and immediately you will notice a formal dining room that is currently set up as a home office. Also, you will notice custom design details such as the beautiful hardwood floors and arched doorways that grace the main level throughout. The spacious kitchen is open to a bright and airy morning room that is large enough to serve as a primary dining area or as a secondary informal dining area if needed. There are many options as to how the living spaces can be used. The open concept flow of the kitchen and morning room continues seamlessly into the inviting family room with an impressive floor to ceiling stacked stone fireplace with hearth, mantle, and gas logs that create instant ambiance and warmth. From the morning room step out onto the screened porch that overlooks a very tranquil, private, level, and fenced in backyard. The backyard has lush landscaping and solar lights on the entire fence creating a personal oasis, perfect for entertaining family and friends. To round out the main floor level there is a bedroom connected to a full bath as well as a mudroom, adjacent to the kitchen. that has direct access to the 3-car attached garage making off-loading groceries and shopping items a breeze. The 3-car attached garage boasts gleaming epoxy floors, automatic garage doors that are insulated, and storage shelving. The second floor is where you will find a spacious owner’s retreat with a tray ceiling, two walk-in closets, and a generously sized ensuite bathroom featuring stylish fixtures, a tiled shower, a garden tub, and facing vanities each with ample storage, swivel mirrors, and gleaming granite countertops. There are three additional bedrooms on the second floor that share a spacious hall bath complete with a double sink vanity, toilet, and tub/shower combination with a tile backsplash surround. The laundry room is also conveniently located on the second floor and has storage/hanging racks and a utility sink. Other property upgrades include 9ft+ ceilings, smooth ceilings, ceiling fans, recessed lighting, stylish fixtures and finishes, 2” Levolor blinds throughout, 2 zone HVAC system with UV sanitizing lamp and carbon filter, an owned CPI security system, a tankless water heater, a gutter system equipped with Gutter Guard, an extra wide driveway that can fit up to six vehicles, and a new front storm door. This home is just about 6 miles from charming Downtown Simpsonville and family friendly Heritage Park, about 7 miles to I-385, and only about 11 miles from all that popular Downtown Greenville. It is “must see” to fully appreciate.

Interest rate 3
3.55%
With Roam
7%
The seller’s mortgage rate at the time the loan was originated.
Monthly payment 3
$1,595
With Roam
$2,292
Reduce your monthly payments by $696 when you assume this mortgage.
You also save $228,537 in total interest paid.

$265,386
Edit

You may be able to put down less than the total down payment amount of $265,386 and have the rest of the funds financed with a 2nd mortgage from a lender. 4

Interest rate and monthly payment estimated based on public records.

Roam helps you take over the seller’s lower interest rate 1
We help you assume the seller's mortgage and avoid higher prevailing market rates.

45-day closing guarantee 2
We work directly with the mortgage servicer to help you quickly and easily close the transaction.
Location
Details
Home
Lot size
0.18 acres
Type
Single Family Residence

Source: GREENVILLESC #1531067

Loan
Remaining term
27 years, 4 months
Rate
3.55%
Monthly P&I
$1,595
Remaining loan balance
$334,613

Source: Public records

How it works

Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.

Tour

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.

Offer

Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.

Close

Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.

Who can qualify

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.

Frequently asked questions

What is Roam?

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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?

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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?

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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?

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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?

expand content

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.

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Last updated: Nov 23, 2024 06:13 am
Listing agent: Michael S Jager
Listing provided courtesy of: Keller Williams Realty
Details provided by GREENVILLESC and may not match the public record.
MLS ID: #1531067
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange of the Greater Greenville Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2024 Greater Greenville Association of REALTORS®. All Rights Reserved.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.
Disclaimers
1 Roam connects buyers and sellers to homes with assumable mortgages via a concierge service. Roam does not offer or engage in mortgage lending activity.
2 30 day guarantee is subject to credit approval by your loan servicer.
3 The assumable interest rate shown for this assumable mortgage is an estimate using the average of interest rates in this home's area at the time of the last sale. The actual assumable interest rate may differ. Estimated payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Roam connects buyers and sellers to home with assumable mortgages via a concierge service. Roam does not offer mortgage loans, extend credit, make credit determinations, or otherwise engage in mortgage lending or brokering activities. The lender makes all credit and qualification decisions with buyers. Any determination to extend credit to a buyer is a decision by the lender, and not by Roam.
4 The lender makes all credit and qualification decisions with buyers. Any choice to extend credit to a buyer is a decision by the lender, and not by Roam.
$1,595/mo
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