1350 Stonegate Ln SE, Smyrna, GA 30080
5 beds · 5 baths · 6,309 sqft
Welcome to this exquisite four-sided Brick & Stone residence, nestled within an exclusive enclave of just eight homes near the vibrant Smyrna Market Village. This five-bedroom masterpiece seamlessly blends elegance and comfort, offering a lifestyle of unparalleled luxury. The heart of this home is its stunning Gourmet kitchen, designed to impress even the most discerning chef. Featuring a spacious island with a Breakfast bar, Double ovens, a Walk-in pantry and a bright breakfast area, it includes top-of-the-line appliances such as a Wolf stove, Bosch dishwasher, and SubZero refrigerator. This culinary haven is perfect for entertaining and everyday family meals alike. The inviting fireside family room with coffered ceiling is a perfect space for relaxation, boasting direct access to a magnificent screened porch. Enjoy cozy evenings by the wood-burning fireplace, overlooking the serene and private fenced-in backyard. Large Office space on main with custom built-ins! The luxurious Owner's suite, conveniently located on the main level, offers a tranquil retreat. It features His/Her vanities, a custom walk-in closet, and a Whirlpool tub, creating a spa-like ambiance for unwinding after a long day. The upper level is thoughtfully designed with three additional spacious bedrooms with ensuite baths and a versatile bonus room, providing ample space for family and guests. The terrace level is an Entertainer's Dream, featuring a newly finished basement with a large Leathered Waterfall Granite island, a dedicated wine room, a game area, and a home gym. This level also includes an additional bedroom and 1.5 baths, ensuring comfort and convenience for guests. The direct access to the beautifully landscaped backyard makes indoor-outdoor living a breeze. This remarkable home boasts hardwood floors throughout the main level, a three-car garage, and abundant storage space, ensuring every need is met with ease and sophistication. This is a rare find, offering the perfect blend of luxury, privacy, and convenience. Experience the finest in upscale living!
Source: FMLS #7433770
Source: FMLS #7433770
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: #7433770
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.