1337 Mercer Ave, Atlanta, GA 30344
3 beds · 2 baths · 1,728 sqft
Charming craftsman home that perfectly blends modern upgrades with classic charm. As you approach, you're greeted by a newly stained, expansive front porch perfect for morning coffee or evening relaxation. The concrete driveway easily accommodates 5+ cars and features a newly repaired gate for added privacy and security. Step inside to an inviting open-concept main floor, where gleaming hardwoods flow throughout. The spacious living and dining areas, complete with a cozy gas fireplace, seamlessly connect to the chef's kitchen, featuring stainless steel appliances, a walk-in pantry, and ample counter space. A conveniently located laundry room and half bathroom round out the main level. Just off the kitchen, the re-stained back deck opens to a fully fenced backyard with a detached 1-car garage. Upstairs, you'll find two comfortable bedrooms with closet systems, sharing a large full bathroom. Toward the front of the home, the oversized primary suite is a true retreat, boasting a walk-in closet, dual vanities, and abundant storage. This home is move-in ready with recent updates, including a new water heater, repairs to the driveway gate, freshly stained decks, and a transferable termite bond (repair & remedy). To top it off, an attic stair hood has been installed for added energy efficiency. This meticulously maintained home is perfect for those seeking convenience and charm in one of Atlanta's best neighborhoods, just a short walk from Woodward Academy. Convenient access to I-75/85/285, Hartsfield-Jackson Atlanta International Airport, Delta Airlines International Headquarters, Porsche North American Headquarters, Chick-fil-A Worldwide Headquarters, and the New US Soccer National Training Center set to open in 2026. Life's taking the seller on a new adventure with an exciting job relocation, which is the only reason this beautiful home is available so soon!
Source: FMLS #7473745
Interest rate and monthly payment estimated based on public records.
Source: FMLS #7473745
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: #7473745
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.