204 River Laurel Way, Woodstock, GA 30188
5 beds · 4 baths · 4,388 sqft sqft
Nestled in a serene cul-de-sac, this extraordinary 5-bedroom, 4 full bath, 1 half bath residence boasts a prestigious 3-car garage and a seamless open concept floorplan designed for the discerning homeowner. The main level features a grand two-story great room bathed in natural light, complemented by a gourmet kitchen showcasing stainless steel appliances, a spacious breakfast bar, and an inviting informal dining area. The sumptuous master suite on the main level includes a private sitting room or office, leading to a recently renovated spa-like bathroom with luxurious granite countertops, elegant tile flooring, and exquisite fixtures. Upstairs, four generous secondary bedrooms each boast their own dedicated baths, offering privacy and comfort for family and guests alike. The professionally finished terrace level is an entertainment haven, complete with a billiards room, media room, gym, and a theater room, along with an additional bedroom and full bathroom, making it perfect for hosting gatherings or accommodating extended family. Outside, the impeccably landscaped fenced yard features a refinished back deck with a hot tub, a firepit area for cozy evenings, and a covered patio ideal for al fresco dining. This home also features a laundry room conveniently located on the main level, ensuring practicality alongside luxury living. Additional highlights include a two-story family room, a living room or front office for work-from-home convenience, and new microwave appliances. 2 new HVAC systems, water heater just 7 yrs, newer roof! New fridge, dishwasher and microwave. Nest thermostat and ring doorbell included. Hot tub included. Located within the highly sought-after River Laurel community amenities of tennis courts, swimming pool, swim team, and playground, and surrounded by top-rated Cherokee County schools. Just a short 10-minute drive to Downtown Woodstock and 20 minutes to the vibrant Alpharetta area, it boasts an ideal location for easy access to premier shopping, dining, and entertainment destinations. Don't miss your opportunity to experience the epitome of luxury livingCoschedule your private showing today!
Source: GAMLS #10382659
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10382659
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: #10382659
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.