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1930 Clairmont Ter NE, Atlanta, GA 30345

3 beds · 2 baths · 1,515 sqft

The wait is over! This is a REAL HOME, not a half-finished flip trying to make a quick buck! Bring your most discerning buyers to this amazing mid century all brick cottage that has been completely renovated top to bottom! Featuring a large, fully rear fenced, flat lot with grass front to back, the owners have painstakingly created a little slice of paradise in the middle of Atlanta! Perfect for kids and pets, with a newer deck and two gates for access, this is one of if not the best yard available in this area for the price! Could easily accommodate a pool or nearly anything you can imagine in the back yard! Inside you will find every inch of the open main floorplan covered in real hardwood, and the kitchen even has the beautiful and original pine wood floors from the 1950s, in incredibly good condition for its age! Real beveled granite countertops adorn the wide open and modern kitchen area, complete with stainless appliances and a modern, deep double sided sink with disposal! All bedrooms have real built in closets, not Ikea cabinets! One of the secondary bedrooms has a whole wall custom children's mural imported from Europe and professionally installed. The master shower is absolutely massive and would fit right into a much more opulent home! It covers a full 20sq feet, featuring dual heads and controls and a frameless sliding glass entry, custom created by local craftsmen with real tile walls and real pebble floor and cutout! Second bath has a shower/tub combo, perfect for the kids/pets/soaking! Downstairs brings you to the ultimate man cave/gym/bonus bedroom! Tons of TVs and an artificial grass wall make this the perfect space to hang out after a long day! There is also a door that leads to the unfinished area of the basement and provides a large workshop with bench, tons of storage, and most importantly an American made Champion Model T fire and security vault that is permanently bolted to the slab. The upgrades done to this home are too numerous to list here, but the highlights include a fully warranted Trotter Co engineered foundation rehab project, making sure this home will stand level for the century to come. This is a very common and expensive problem in these homes in this area! During the renovations, all of the old wiring and panel were removed and replaced with new, along with an all new Carrier HVAC system and ducting! No builder grade junk was used anywhere. Every single window and door was replaced new with energy efficient composite frame models, and the front door is armored against forced entry using steel frames and giant chromoly bolts that sink in behind the brick. This door will not open unless you want it to. Adding to the peace of mind is a commercial grade Clinton Electronics CCTV system that is recording on a 24/7 loop in 1080p, to a 2tb hdd with full night vision capabilities on all 4 corners of the home. Rounding out the upgrades is an outdoor Renei tankless infinite hot water heater that is mounted to the outer rear wall. This protects you from flooding in the event of a water heater failure. This home is close to everything, you can walk to Kroger and numerous other stores and restaurants, and even to the elementary school! Ask about a possible FHA loan assumption at sub 4% interest rate! This is the home a lot of buyers have been waiting on around here so hurry before its gone!

Roam helps you take over the seller’s lower interest rate 1
We help you assume the seller's mortgage and avoid higher prevailing market rates.

45-day closing guarantee 2
We work directly with the mortgage servicer to help you quickly and easily close the transaction.
Location
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Details
Home
Size
1,515 sqft
Lot size
0.2 acres
Year built
1954
Type
Single Family Residence

Source: GAMLS #10299969

How it works

Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.

Tour

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.

Offer

Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.

Close

Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.

Who can qualify

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.

Frequently asked questions

What is Roam?

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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?

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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?

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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?

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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?

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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.

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Last updated: Nov 04, 2024 07:05 pm
Listing agent: Brent Messerschmidt (770) 654-5522
Listing provided courtesy of: Keller Williams Realty Atl. Partners (678) 318-5000
Details provided by GAMLS and may not match the public record.
MLS ID: #10299969
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright © 2025 GAMLS. All rights reserved.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.
Disclaimers
1 Roam connects buyers and sellers to homes with assumable mortgages via a concierge service. Roam does not offer or engage in mortgage lending activity.
2 30 day guarantee is subject to credit approval by your loan servicer.
3 The assumable interest rate shown for this assumable mortgage is an estimate using the average of interest rates in this home's area at the time of the last sale. The actual assumable interest rate may differ. Estimated payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Roam connects buyers and sellers to home with assumable mortgages via a concierge service. Roam does not offer mortgage loans, extend credit, make credit determinations, or otherwise engage in mortgage lending or brokering activities. The lender makes all credit and qualification decisions with buyers. Any determination to extend credit to a buyer is a decision by the lender, and not by Roam.
4 The lender makes all credit and qualification decisions with buyers. Any choice to extend credit to a buyer is a decision by the lender, and not by Roam.