204 River Laurel Way, Woodstock, GA 30188
5 beds · 5 baths · 4,388 sqft sqft
**Exquisite Luxury Living in Prime Crabapple Location!** 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. 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 living—schedule your private showing today!
Source: FMLS #7454755
Interest rate and monthly payment estimated based on public records.
Source: FMLS #7454755
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #7454755