154 Mccullom St, Crystal Lake, IL 60014
4 beds · 4 baths · 2,792 sqft
DRIVE UP & FALL IN LOVE WITH THIS PERFECTLY MAINTAINED TRADITIONAL HOME LOCATED ON A TRANQUIL STREET IN A HIGHLY DESIRED HIDDEN ACRES. THIS BEAUTY IS SITTING ON A 0.7 ACRE MANICURED LAWN BACKING UP TO VETERA'S ACRES NATURE PARK WITH A COVERED FRONT PORCH. THIS HOME IS A BUYER'S DREAM! CITY LIVING WITH A PRIVATE NATURE LIKE EXPERIENCE. LARGE WINDOWS ALLOW FOR TONS OF NATURAL LIGHT FILLING THIS BEAUTY WITH WARMTH & SUNLIGHT! 4,389 SQ FT OF TOTAL LIVING SPACE. FIRST LEVEL BOASTS OPEN FLOOR PLAN, HARDWOOD FLOORS, CATHEDRAL CEILINGS IN THE FOYER, SPACIOUS DINING & LIVING ROOM, LARGE KITCHEN WITH AMPLE CABINETS, UNDER CABINET LIGHTS, BREAKFAST BAR, GRANITE COUNTERTOPS, NEWER APPLIANCES & BACK-SPLASH. KICK BACK & RELAX IN THE FAMILY ROOM WITH COZY WOOD BURNING/GAS FIREPLACE, POWDER ROOM, LAUNDRY ROOM, AN OFFICE WITH FRENCH DOORS & A COAT CLOSET. A DOOR OFF OF DINING ROOM LEADS TO A SPACIOUS FLORIDA SUN ROOM OVERLOOKING THE CONCRETE PATIO BACKYARD OASIS WITH WATER & ELECTRIC RUNNING ALL THE WAY BACK TO THE GARDEN FOR ALL SEASON'S ENJOYMENT. TAKE THE STEPS UP TO THE 2ND FLOOR & ESCAPE TO A DREAM OWNER'S COMPROMISING EXPENSIVE DELIGHTFUL SUITE, 14X12 CUSTOM SHELVING WALK-IN CLOSET, MAIN BATH WITH A JACUZZI SOAKING TUB, DOUBLE SINK, SEPARATE SHOWER, 3 ADDITIONAL BEDROOMS (CUSTOM SHELVED CLOSETS IN BEDROOM #2 & BEDROOM #3), CEILING FANS IN ALL BEDROOMS, 20x16 UNFINISHED ATTIC WITH 30 AMP SERVICE ELECTRONIC BOX & INSTALLED DUCTWORK READY TO BE SET UP & CONNECTED TO AC/HVAC IN THE BASEMENT & A FULL BATHROOM COMPLETE THE SECOND LEVEL. TAKE THE STEPS DOWN TO A FULL PARTIALLY FINISHED BASEMENT WITH AN ADDITIONAL BEDROOM, A NEW BATHROOM, 10' CEILINGS & STAIRS TO ACCESS THE GARAGE. UNFINISHED PART OF THE BASEMENT IS AWAITING YOUR IDEAS & IMAGINATION... POSSIBILITIES ARE ENDLESS. 4 CAR GARAGE WITH A WORK AREA, TONS OF STORAGE SPACE & 8 CAR DRIVEWAY TOO. 2017 HVAC & AC, 2 50 GALLON WATER HEATERS INSTALLED ONE IN 2023 & ONE IN 2024, 2018 2ND LEVEL CARPET, HOUSE PAINTED OR WALL-PAPERED WITHIN THE LAST 5 YEARS, NEW LIGHT FIXTURES THROUGHOUT WITHIN LAST 5 YEARS, NEW VENTS IN BOTH 2ND LEVEL BATHROOMS, ALL NEW FAUCETS, OUTSIDE OF HOME PAINTED IN 2022. WALKING DISTANCE TO DOWNTOWN CRYSTAL LAKE, METRA, SHOPS, RESTAURANTS, ENTERTAINMENT & MORE.
Source: MRED #mrd12173510
Source: MRED #mrd12173510
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: #mrd12173510