170 Lost Cove Dr SW, Atlanta, GA 30331
5 beds · 3 baths · 2,496 sqft
Welcome to 170 Lost Cove Dr, a stunning residence nestled in the prestigious Overlook at Camp Creek subdivision in Atlanta. This meticulously maintained home offers curb appeal and charm from the moment you arrive. The inviting front porch, complete with rocking chairs and updated light fixtures, sets the tone as you approach the beautiful red Craftsman door. As you step inside, you’ll be greeted by gleaming LVP flooring that flows throughout the main level. To the left, a formal dining room awaits, perfect for hosting dinners. The hallway leads to an open-concept living area that seamlessly blends the family room and the chef’s kitchen. This kitchen is a true showstopper, boasting a large island with pendant lighting, gray soft-close cabinets, a tile backsplash, and brand-new stainless steel appliances. The main level also features a spacious bedroom and a full bathroom, ideal for guests or older family members. Upstairs, you’ll find a versatile additional family room, perfect for a home office or media space. The oversized master bedroom, facing the front of the home, offers an updated en-suite bathroom with a soaking tub, a tiled glass-enclosed shower, and a double vanity with granite countertops. Three additional bedrooms, each with ample storage, and a full guest bath complete the upper level. The unfinished daylight walkout basement provides endless possibilities for customization. Outside, you’ll enjoy a covered patio deck and a screened-in porch, both overlooking a private, fenced-in backyard—perfect for pets, family gatherings, and entertaining friends. This home is packed with custom upgrades, including a master closet, kitchen pantry, an upgraded master shower, and a whole-house generator. Additional features include crown molding, shadow box ceilings, wainscoting, upgraded landscaping, a new 2023 roof, epoxy garage floors with custom storage, and an irrigation system. Conveniently located just minutes from the airport, Camp Creek Marketplace, shopping, dining, entertainment, and major highways, this home truly has it all. Don’t miss your chance to own this exceptional property—schedule your private tour today!
Source: FMLS #7443245
Source: FMLS #7443245
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: #7443245