120 Croftwood Ct, Duluth, GA 30097
4 beds · 3 baths · 2,759 sqft
Nestled within the prestigious, HOA-managed Laurel Wood enclave of Shakerag in Johns Creek, Georgia, this 4-bedroom, 3-bath , plus basement residence epitomizes the perfect place for work/play life balance and entertainment. This home is ideally located in one of the metro area’s most desirable locations. Crafted for those with discerning taste, the home balances privacy, elegance, and a vibrant community lifestyle. Upon entry, a grand two-story foyer welcomes you, leading to an expansive, light-filled living room where a stately fireplace serves as a focal point amid 2 story windows that showcase serene green views. This sophisticated space flows seamlessly into a gourmet kitchen, outfitted with Stainless Appliances, custom cabinetry, Beautiful waterfall with Calcutta Style Quartz Countertops and an adjoining breakfast area—ideal for both everyday living and entertaining. The main level also features a guest bedroom and a charming laundry room complete with a window, inviting natural light. Upstairs, the master suite provides a tranquil retreat with a large walk-in closet and a master bath featuring a double-vanity sink and deep soaking tub, and separate shower. Two additional bedrooms acomplete the upper level, providing ample space for family or guests. Rare to find a home in this area with a full daylight Basement with full size windows and its own private exterior entrance. The Lower Level extends the home’s offerings with a spacious game or living room and an additional private room, perfect for an office or fitness area. Living in Laurel Wood brings access to exclusive community amenities, including six professional-grade tennis courts, an Olympic-size swimming pool with ample poolside seating, multiple playgrounds, a basketball court, and a beautifully maintained green space for outdoor gatherings. The HOA not only meticulously maintains these facilities but also fosters community connection by organizing regular events for homeowners. Johns Creek itself is a vibrant community known for its family-friendly atmosphere, affluence, and active lifestyle. Residents enjoy a wealth of recreational opportunities, including beautiful parks such as Newtown Park and Ocee Park, as well as golf courses like the prestigious Atlanta Athletic Club and The Standard Club. The area hosts numerous community events throughout the year, fostering a strong sense of connection among neighbors. With its scenic surroundings and commitment to preserving green spaces, Johns Creek offers a perfect blend of suburban charm and urban convenience. The lifestyle is further enhanced by proximity to the upcoming Medley development, a luxurious shopping and dining hub just minutes away, as well as a host of highly rated dining options nearby. Enjoy world-class fare at Rumi’s Kitchen, Pampas Steakhouse, Sugo, Cafe Intermezzo, and Trattoria One 41. Daily conveniences are close at hand, with Whole Foods, Publix, Target, and The Fresh Market all within a short drive. Upscale shopping and entertainment options await at The Forum on Peachtree Parkway and Avalon. The schools in Johns Creek, particularly those in the Northview High School district, are widely recognized as some of the best in Georgia, consistently ranking in the top tier for academic achievement, college readiness, and overall student success. FHA Approved!
Source: FMLS #7537380
Financials
Source: Public records
Source: FMLS #7537380
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.