1470 Abourndale Ct, Wheeling, IL 60090
3 beds · 3 baths · 2,317 sqft sqft
Experience Luxury Style Living in this Beautiful 2-Story Home on a Quiet Cul-De-Sac! So many renovations and amazing features here. Step into this stunning home and be immediately impressed by the grand formal living room with soaring cathedral ceilings and abundant natural light from skylights you will fall in love with. Admire the bamboo flooring throughout the foyer and kitchen for a durable and sustainable touch that flows seamlessly into the heart of the home. Step into the kitchen which boasts of new quartz countertops, soft-close cabinets, and a sleek glass backsplash. A spacious eat-in area makes it the perfect place to entertain or enjoy family meals. The adjacent family room invites you to relax by the wood-burning brick fireplace, complete with custom-built shelving crafted by a local carpenter, and original oak hardwood floors. Glass doors lead to your patio, perfect for outdoor entertaining, and an expansive backyard. Upstairs, the primary suite offers a serene retreat with a wall of closets, private balcony, and a newly renovated luxury bathroom. Indulge in the oversized soaker tub, enjoy the multi-head shower with body sprayers, and appreciate the floor-to-ceiling tile work. With a linen closet and bidet, this bathroom is a true spa experience! Each of the oversized secondary bedrooms features ample closet space, and a newly renovated Jack & Jill bathroom! Find yet another private balcony off the rear bedroom as well as the highly desired feature of 2nd floor laundry! Move down to the partially finished basement with even more living space, tons of storage, a workshop and mechanical room. Workshop space could easily be converted into more living space if desired. Recent updates include a brand-new roof (2024) with a transferable warranty, 2 new sump pumps, new ceiling fans throughout, newer sliding glass doors on the balconies and all the renovations mentioned above. You will appreciate the built-in air purifier, extra side apron driveway and a side garage entry for convenience. So much space, it truly feels like luxury living. Located in a highly sought-after area with award-winning schools, abundant parks and community amenities. Come fall in love before it's gone!
Source: MRED #12209316
Interest rate and monthly payment estimated based on public records.
Source: MRED #12209316
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: #12209316
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.