1413 Mill St, Camden, SC 29020
5 beds · 5 baths · 4,648 sqft
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Step into a piece of American history at 1413 Mill street, Camden's renowned Washington House - built in 1780 and recognized as the oldest home in Camden. This distinguished Colonial-style estate, set on over an acre in the heart of the Historic District. Previously known as Deare Place, it earned its current name after hosting a banquet in honor of President George Washington during his tour of Southern States. Originally constructed on the corner of King and Fair Streets, this storied home was relocated to its current address in the early 1900s using logs and miles - a true testament to its historic significance. Expanded over time, the home now spans over 4,500 square feet, with 5 bedrooms, 5 full baths, and a total of 11 gracious rooms, including a detached garage featuring two finished rooms and a workshop. Inside you'll find 12-foot ceilings, seven fireplaces, aged oak flooring, and detailed millwork that echo the craftsmanship of a bygone era. The kitchen blends the charm of the past with modern convenience, offering a sub zero fridge, gas cooktop, butlers panty, and wood countertops - all beneath exposed wood ceiling beams believed to be the original second floor flooring. The main level includes formal living areas, an elegant dinning room, and a private guest suite with its own entrance and sitting area. Upstairs four bedrooms each have private en-suite baths, including a spacious main suite.This home is not just a residence - it's a rare opportunity to own a storied landmark in South Carolina's oldest inland city! Please note: all showings are by appointment only and buyers must be pre-approved prior to showing. Listing agent to be present for all showings. The sellers are currently in the process of moving. Home will be showing ready after May. 12th. Limited showings may be accommodated before that date. The property does have previous termite damage. The price has been adjusted accordingly. Inspection reports and repair estimates are available upon request. Seller currently holds a VA loan with a 2.78% interest rate and is open to negotiating terms for a potential loan assumption. Disclaimer: CMLS has not reviewed and, therefore, does not endorse
Source: COLUMBIASC #607186
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: COLUMBIASC #607186
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.
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.
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.
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.
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 “Save search” 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.
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 620, 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 and Equal Opportunity Act.