1165 Ridgeway Rd, Lugoff, SC 29078
5 beds · 3 baths · sqft sqft
Welcome to your dream home! This beautifully renovated brick home offers 5 spacious bedrooms, 3 full bathrooms, and an array of luxurious features that create the perfect blend of comfort, style, and functionality. The home has been meticulously updated inside and out. This 1 acre property has everything you could want including a workshop, pool, cabana, raised garden and hot tub. Key Features: 5 Bedrooms, 3 Full Bathrooms: Ample space for family and guests, with a flexible layout to fit all your needs. Gourmet Kitchen: Stainless steel appliances, butcher block countertops, and custom cabinetry make this kitchen a chef's paradise. Massive Master Suite: Enjoy vaulted ceilings and a sprawling master bath with a spa-like atmosphere, featuring a large walk-in shower. Huge Laundry Room: A generously sized laundry area with plenty of space for storage and organization. Expansive Living Areas: Open-concept design with an abundant natural light, creating a warm and welcoming atmosphere. Outdoor Oasis: 1-Acre Lot: Plenty of space for outdoor activities, gardening, and entertaining. Inground Pool: Relax and unwind in your private backyard oasis with a sparkling pool, perfect for hot summer days. Large Deck: Ideal for hosting gatherings or enjoying peaceful evenings outdoors. Raised Garden Beds: For those with a green thumb, grow your own vegetables and herbs right at home. Shop: A detached workshop for all your hobbies and projects. Cabana: A charming poolside cabana offers additional outdoor living space for relaxation or entertaining. Spa: Complete your backyard retreat with a relaxing hot tub to soak your cares away. This home is located in the heart of Lugoff, offering a peaceful, rural setting just minutes from shopping, dining, and top-rated schools. Whether you're looking to relax in the comfort of your own home or entertain guests in style, this property has it all. Video Tour here: https://www.youtube.com/watch?v=N4eA4tYBKmo Don't miss your chance to own this one-of-a-kind, fully renovated masterpiece. Schedule your private tour today!
Source: COLUMBIASC #596701
Interest rate and monthly payment estimated based on public records.
Source: COLUMBIASC #596701
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: #596701
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.