16575 Quayside Dr, Alpharetta, GA 30004
7 beds · 6 baths · 8,400 sqft sqft
Priced to Sell! Welcome home to this exceptionally well built, brick and stone, custom home on a private, fenced in, level lot with stunning saltwater pool, hot tub, fire pit, outdoor grill, and two covered porches! Spacious, open floorplan for large family gatherings and entertaining on the main level chef's kitchen that opens to a separate breakfast room and vaulted keeping room with custom built-ins and beams. Hidden pantry, oversized drop zone, 2 half bathrooms, and separate friend entrance make this floor plan fun and unique. Guests enjoy their own private suite on the main level with full bathroom. On the main level you will also find a dedicated office, separate living room with coffered ceilings and fireplace, and banquet sized dining room. The laundry room is conveniently located upstairs along with 3 expansive secondary bedrooms with en suite bathrooms, and oversized closets. The media room, shown as a bedroom, is another great space for a home office or playroom. The upstairs primary suite is an entire wing of this incredible home! Don't miss the dual primary closets with built ins, coffee bar, spa like bathroom, and additional room through the primary closet that would make the perfect home office, nursery, or third primary closet. Finished terrace level with movie room, bedroom, full bathroom, secondary kitchen, awesome bar, media room, and plenty of unfinished storage space. Personalize your dream interior spaces over time with the expansive rooms on each of the three finished levels, or reinvent every room right away with your dream lighting, flooring, countertops, the works! Award winning Milton schools: Birmingham Falls Elementary, Northwestern Middle and Cambridge High. Incredible amenities with community tennis, swim, clubhouse and playground! Fantastic location only 5 minutes from Publix, 7 Acres, and Scottsdale Farms, and close to D/T Milton, D/T Alpharetta, Avalon and 400! Don't miss your chance to get into Kingsley Estates and customize your forever home in Milton!
Source: GAMLS #10380228
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10380228
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: #10380228
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