17100 Sweetgum Ct, Accokeek, MD 20607
5 beds · 5 baths · 5,476 sqft
Welcome to this beautiful, highly sought-after Manokeek estate, nestled on a serene 2-acre lot in a quiet cul-de-sac. This stunning 5-bedroom, 4.5-bathroom luxury Colonial is a perfect blend of elegance, comfort, charm, and has been freshly renovated to impress. With over 5,000 square feet of sophisticated living space, this home is designed for gracious living and memorable gatherings. Perfectly situated just minutes from the Beltway, National Harbor, DC, and Northern Virginia, this location is a commuter’s dream, offering luxury living with easy access to everything. Step inside to find fresh new carpet and elegant new paint throughout. The heart of the home is the gourmet kitchen with granite countertops, opening to a stunning family room with soaring 20-foot ceilings and a striking stone fireplace. This home offers versatile spaces to suit every need, including a dedicated office, ideal for working from home or quiet study time. Additionally, there’s a flexible space that can be tailored to your lifestyle. Step outside onto the deck where you can savor peaceful mornings with serene wooded views; an ideal spot for relaxation and entertaining. The owner’s suite in this home is truly a luxurious retreat. This expansive primary suite features a spacious sitting area, perfect for unwinding after a long day. With dual closets, it offers ample storage and organization space for a seamless living experience. The fully remodeled bathroom is a showstopper, boasting elegant finishes, a modern layout, and spa-like features to make every day feel like a getaway. Two of the bedrooms share a well-appointed Jack-and-Jill bathroom, ideal for convenience and functionality. The fourth bedroom is a private guest suite with its own full bathroom, offering a welcoming retreat for guests. Each room is generously sized and inviting, providing a comfortable and stylish space for family and guests. The fully renovated basement in this home is perfect for entertaining and relaxation. It features a large recreation area, ideal for gatherings or a game room, as well as a private bedroom and full bathroom, perfect for guests or extended stays. An additional flex space offers endless possibilities, whether you envision it as a home gym, theater room, or creative studio. This basement combines functionality with style, making it a standout space in the home. Practical upgrades include a new hot water heater and HVAC system, ensuring comfort and efficiency year-round. Additional features include a full irrigation system, enhancing the lush landscape around this remarkable property.
Source: BRIGHT #MDPG2132178
Financials
Source: BRIGHT #MDPG2132178
Source: Public records
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%. 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.
Other resourcesWhat 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.