164 Kingston Park Ln, Middle River, MD 21220
4 beds · 3 baths · 2,540 sqft
Welcome to this stunning 4-bedroom, 3-bathroom waterfront home nestled along Dark Head Creek, where modern upgrades meet serene waterfront living. Thoughtfully designed with an open-concept layout and recent renovations throughout, this home is move-in ready and perfect for both relaxation and entertaining. The spacious living room, seamlessly connects to the dining area and beautifully remodeled kitchen. The kitchen boasts updated cabinets, Quartz countertops, stainless steel appliances, and a cozy breakfast nook, with sliding doors leading to an expansive composite deck—perfect for enjoying breathtaking water views. The primary suite is a true retreat, featuring plush carpet, an updated en-suite bathroom with luxury vinyl plank flooring, and private deck access with sweeping waterfront views. Two additional generously sized bedrooms and a modernized full bathroom with a dual vanity (one sink currently connected, with the option to activate the second) complete the main level. The walk-out lower level offers incredible flexibility with a large living/game room, a fourth bedroom, and a third full bathroom. Additional highlights include a built-in sauna, a bonus room that could serve as a fifth bedroom, a spacious laundry room, and a plumbed and wired area ready for a second kitchen or wet bar, making it an ideal space for entertaining or guest accommodations. Ample storage is provided by an oversized closet. Step outside to enjoy the fenced backyard overlooking Dark Head Creek, which connects to Middle River. While there is currently no dock, there is potential to build one, opening the door to endless waterfront possibilities. This home is packed with luxury upgrades, including a brand-new architectural shingle roof (Feb 2024), a new HVAC system (July 2024), and a 3-car parking pad (April 2023). Additional updates completed in 2022 include recessed lighting, new vinyl and carpet flooring, updated light fixtures, two jacuzzi tubs, and modern kitchen renovations. Whether you’re unwinding in the built-in sauna, hosting gatherings in the expansive basement entertainment area, or relaxing on the deck with picturesque water views, this home offers an extraordinary lifestyle. Schedule a showing today and make this waterfront gem yours!
Source: BRIGHT #MDBC2122266
Source: BRIGHT #MDBC2122266
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.