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$489,000 SIGNIN

Sign in to see required down payment for the 2.71% rate

1872 Stagecoach Trl, Wendell, NC 27591

3 beds · 3 baths · 2,276 sqft

New Price, new photos. Home priced just above tax value of $479,559.00. Come see all Wendell Falls has to offer! This stunning residence is located in Wendell Falls on a premium lot with upgrades to kitchen, Owner Suite and covered back porch. The house features 3 bedrooms 2.5 baths and an attached 2 car garage. Once you enter the front door, you will be greeted by the expansive foyer that leads to the light and bright open floor plan with a spacious family room, a large, well appointed kitchen featuring a wonderful center island. The sink sits under the window that looks out to the fenced back yard. There are many cabinets in the kitchen and island offering plenty of storage. There is also a walk in pantry. The refrigerator is included when you purchase this fabulous home. A conveniently placed drop off zone leads from the kitchen to the garage. The large dining area has several windows allowing for natural lighting and includes a door to the covered patio. Upstairs, there is a secondary living space perfect for entertainment or a playroom. The spacious primary suite provides a peaceful retreat. The spacious, recently updated primary bath features a beautifully tiled walk-in shower with a rain head and wand shower system and a generous walk-in closet. There are two large secondary bedrooms and a large hall bath that contains a double vanity and a second room for the tub/shower combo. Exterior features include a cozy front porch, a spacious covered patio in the rear of the home as well as a level, fully fenced back yard. Additionally, the owners have installed eco-friendly solar panels that are fully paid for, which helps to reduce energy bills. 2 hour notice is required in oder to tour this beautiful. wendell falls offers many amenities including a clubhouse, pool and the Farm Restaurant a popular spot to grab a coffee or a quick bite.

Estimated
Seller's interest rate
2.71%
7%
Estimated
Monthly payment

$2,144
$2,877
You may also save up to $226,614 in total interest paid.

Learn about how it works

Why Roam


Gap financing to lower your down payment

Unlock down payments as low as 5% – only with Roam

5x the likelihood your offer is accepted

If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close

Close faster and stress-free

We close 2x faster because of our deep experience and lender relationships

Rates and payments are estimates based on public records.

Financials
Seller’s estimated current equity is SIGNIN
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with gap financing.
Estimated $2,877 monthly payment

Financed
SIGNIN
Location
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Loan details
Loan type
FHA
Rate
2.71%
Remaining term
25 yrs and 9 mos
Remaining balance

Source: Public records

Monthly payment

All values shown are estimated costs / mo.

Total
$2,144
Principal & interest
$1,323
Mortgage insurance
$230
Property taxes
$254
Home insurance
$240
HOA fees
$95
Utilities
Not included

Source: Public records

Home details
Size
2,276 sqft
Lot size
0.13 acres
Year built
2020
Type
Single Family Residence
HOA dues
$95.00

Source: TRIANGLEMLS #10078013

Qualify

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.

Resources
Frequently asked questions

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.

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.

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.

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 “Save search” 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.

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 620, 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.

View all FAQs
Last updated: Apr 23, 2025 07:15 am
Listing agent: Lisa Branch (919) 744-9933
Listing provided courtesy of: Julie Wright Realty Group LLC (919) 847-7140
Details provided by TRIANGLEMLS and may not match the public record.
MLS ID: #10078013
Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Information Not Guaranteed. Copyright 2025 Triangle MLS, Inc. of North Carolina. All rights reserved.
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