1541 Waverly Ave
Myrtle Beach, SC 29577
4 beds · 3 baths · 2,042 sqft
$519,000
Get prequalifiedAbout this home
Welcome home to this 4 bedroom 3 full bath home in Emmens Preserve in The Market Common with a private POOL. The Market Common is Myrtle Beach's first and only urban community, less than a few miles to the ocean, and airport. This home is beyond move in ready with so much to offer. Upon entry enjoy hardwood floors, 10' ceilings, a ceiling fan, crown molding, and a beautiful fireplace. The kitchen has plenty of cabinets, Quartz countertops, stainless steel appliances, a double oven, a breakfast bar at the island and pantry. The owners' suite is on the FIRST FLOOR and is very spacious with LVP flooring, a ceiling fan, crown molding, and a walk-in closet. The owners' ensuite includes a double sink, tub with tile surround and separate tile shower. There are two more nice sized bedrooms with a full bath located between them as well as a separate laundry room. Enjoy relaxing on the front porch, enclosed lanai with Easy Breeze windows, OR in the backyard oasis. The 2 car garage is accessible through the lanai. There is a finished bedroom above the garage with a FULL bathroom and closet and skylights. This is very unique and makes for a great bedroom, bonus room, or in-law suite that can be accessed from the garage while not disturbing the main house. The garage is currently being used as an additional living area that is great for entertaining, but can easily accommodate two full cars and has even more storage. The backyard is truly impressive, featuring a 12'x28' saltwater concrete pool with elegant travertine decking and a stunning three-tier stacked stone waterfall. It's designed for easy upkeep, with river rock, uplighting, and full sun exposure throughout the day. Additionally, a hot tub is included, enhancing this already fantastic outdoor space. The roof was replaced in 2019 and the HVAC in 2024 as well as the hot water heater. Not only is this home fantastic, but so is the neighborhood of Emmens Preserve. Almost 30 acres of walking/biking trails, lakes, and parks are right outside of your door. Also outside of your door is the outdoor kitchen, green space, putting greens, and a bocce ball court. A golf cart or short walk away is the resort style amenity center that includes a playground, gym, and pool. Market Common offers abundant and diverse dining, shopping, recreational activities, and entertainment. Come and be a part of this neighborhood and community, schedule your showing today!
Source: MYRTLEBEACH #2503047
Neighborhood
FAQs
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
