1337 Mercer Ave, Atlanta, GA 30344
3 beds · 2 baths · 1,728 sqft 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: GAMLS #10398111
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10398111
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #10398111
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.