1324 Axcel Ln, Sycamore, IL 60178
5 beds · 3 baths · 2,751 sqft
Welcome to your dream home! This well-maintained and beautifully presented property is perfect for those looking for both quality and a quick, seamless closing experience. Situated in the desirable Winfield Meadows neighborhood, this home boasts so many standout features including, but not limited to; a spacious open floor plan, abundant natural light, beautiful outdoor living oasis on the largest lot, unobstructed views, flexible living options with plenty of rooms for office space, extra bedrooms or home gym . With recent updates, including New roof in 2021, fresh paint and carpet in 2023 and smart home technology, it's ready for your personal touches. Key Highlights: - Recent price adjustment, presenting exceptional value - Seller open to all reasonable offers and eager to work with motivated buyers - 3-Car Tandem Garage with storage shelving, overhead storage, attic storage and work bench w/ cabinet storage - BRAND NEW Dyno Garage Heater - Full finished basement w/ extra bedroom, office or home gym - HUGE Extra Storage room with built in shelves and rough-in for additional bath - 6-panel Hardwood doors throughout - Brazilian Cherry Hardwood Floors - 2023 LG Fridge - 2023 75" UHD TV - 2023 Brand carpet, fresh paint and extra tall baseboards - Shrock custom cabinets w/ pull out drawers and crown molding - Center Chef Prep Island with ample storage - All house reverse osmosis water filtration system - Central Vac - Expansive two-tiered brick paver patio and firepit (2023 rebuild) - .52 acres (largest lot in subdivision) - Low-maintenance Perennial Landscaping w/ various fruit trees/bushes bearing, apples, cherries, pears, blackberries, raspberries and gooseberries - Vegetable Garden w/ running water - Craftsmen Lawnmower + Trailer - Direct access to Sycamore Bike Paths leading to downtown, schools, parks and more - Walk/bikeable to North Elementary School, Aurora Christian School and Sycamore Middle School ~ Don't miss this opportunity to make this house your home! We're ready to welcome a buyer who can move swiftly and appreciate the value offered here ~ *Seller Interest* Seller is a Licensed Inactive IL Real Estate Broker.
Source: MRED #12211857
Interest rate and monthly payment estimated based on public records.
Source: MRED #12211857
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: #12211857
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.