1 of 39
$290,000

1620 Kampmann Blvd, San Antonio, TX 78201

3 beds · 1 baths · 1,524 sqft sqft

OPEN HOUSE: SAT. SEPT. 26th 12-2 PM. Welcome to 1620 Kampmann Boulevard, a charming single-family home located in the heart of San Antonio, Texas. Nestled on a spacious 0.464-acre lot. This beautifully updated 1948 home blends classic appeal with modern amenities. As you approach the home, you'll immediately notice the striking all-white exterior, accented by elegant black trim, a two year old roof and a covered carport. The inviting front covered patio, with its unique flared staircase, is the perfect spot to enjoy your morning coffee or relax in the evening. Step inside and you're greeted by a long, open layout that flows seamlessly into the dining area and living room. The living space features rich wood plank flooring and a modern black ceiling fan, creating a cozy and inviting atmosphere. The dining area is adorned with a stylish chandelier. Moving into the kitchen, you'll find ample cabinetry with sleek nickel hardware, a classic white subway tile backsplash, and a marbled countertop. The kitchen is fully equipped with stainless steel appliances including a gas burning stove and a striking wall-mounted range hood, all illuminated by recessed lighting to complete this culinary space. Recently updated, the bathroom is a true retreat with marbled tile, a walk-in shower featuring a floor-to-ceiling backsplash, built-in niches, and elegant black fixtures with a crystal and chrome vanity light. The single vanity is paired with a frameless lighted anti fog mirror. The master bedroom offers a spacious and serene escape, with an inner connecting room that can easily be transformed into a sitting area, nursery, or office-whichever suits your lifestyle. With three comfortable bedrooms, this home provides ample space for relaxation and personalization, each room filled with natural sunlight and a ceiling fan. The additional converted room can be used for your specific needs. Step outside to the back covered patio area, a perfect spot for outdoor barbecues while enjoying the privacy of your nearly half-acre lot with no immediate back neighbors. 1620 Kampmann Boulevard is more than just a house-it's a home, ready for new memories. This property offers the perfect blend of character, space, and modern updates in a desirable San Antonio location.

Interest rate 3
4.125%
With Roam
6.5%
The seller’s mortgage rate at the time the loan was originated.
Monthly payment 3
$594
With Roam
$740
Reduce your monthly payments by $145 when you assume this mortgage.
You also save $40,204 in total interest paid.

$184,072
Edit

You may be able to put down less than the total down payment amount of $184,072 and have the rest of the funds financed with a 2nd mortgage from a lender. 4

Interest rate and monthly payment estimated based on public records.

Roam helps you take over the seller’s lower interest rate 1
We help you assume the seller's mortgage and avoid higher prevailing market rates.

45-day closing guarantee 2
We work directly with the mortgage servicer to help you quickly and easily close the transaction.
Location
Details
Home
Size
1,524 sqft
Lot size
0.4643 acres
Year built
1948
Type
Single Family Residence

Source: SABOR #1806760

Loan
Remaining term
23 years
Rate
4.125%
Monthly P&I
$594
Remaining loan balance
$105,927

Source: Public records

How it works

Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.

Tour

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.

Offer

Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.

Close

Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.

Who can qualify

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.

Frequently asked questions

What is Roam?

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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?

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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?

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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.

Will an assumption work for me?

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An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.

Why do buyers use Roam?

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Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.

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Last updated: Oct 22, 2024 08:47 am
Listing agent: Brooke Longoria (210) 616-1566
Listing provided courtesy of: Becker Properties, LLC (210) 920-2727
Details provided by SABOR and may not match the public record.
MLS ID: #1806760
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the San Antonio Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Everystate, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 San Antonio Board of REALTORS®. All Rights Reserved.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.
Disclaimers
1 Roam connects buyers and sellers to homes with assumable mortgages via a concierge service. Roam does not offer or engage in mortgage lending activity.
2 45 day guarantee is subject to credit approval by your loan servicer.
3 The assumable interest rate shown for this assumable mortgage is an estimate using the average of interest rates in this home's area at the time of the last sale. The actual assumable interest rate may differ. Estimated payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Roam connects buyers and sellers to home with assumable mortgages via a concierge service. Roam does not offer mortgage loans, extend credit, make credit determinations, or otherwise engage in mortgage lending or brokering activities. The lender makes all credit and qualification decisions with buyers. Any determination to extend credit to a buyer is a decision by the lender, and not by Roam.
4 The lender makes all credit and qualification decisions with buyers. Any choice to extend credit to a buyer is a decision by the lender, and not by Roam.
$594/mo
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