2172 Briarlake Trce NE, Atlanta, GA 30345
6 beds · 5 baths · 4,167 sqft sqft
As you enter through the grand foyer, you are greeted by soaring ceilings creating an atmosphere of grandeur, setting the tone for the design that follows with this remodeled all new one of a kind masterpiece. Step into a culinary paradise with a stunning gourmet kitchen featuring sleek quartz countertops and an elegant backsplash. Equipped with a top-of-the-line Zline appliance package, this kitchen is a chef's dream come true, offering both style and performance for all your culinary creations. Retreat to your luxurious primary suite, a true haven of relaxation. Indulge in the double slipper soaking tub under the soft glow of dual sconces, surrounded by custom tile work. The marble shower floor adds a touch of sophistication, while the quartz countertops elevate the space. Enjoy the convenience of his and hers walk-in closets and a private lavatory, creating a personal paradise just for you. From atop the foyer discover a cozy reading nook that invites you to unwind. Overlooking the entrance, this enchanting space offers the perfect spot to curl up with your favorite book, surrounded by elegance and tranquility. The estate features solid red oak hardwood floors throughout, adding warmth and sophistication to every room. Meticulously crafted details ensure that no corner is left untouched, showcasing the artistry of this magnificent home. The spacious in-law suite features two large bedrooms, each with walk-in closets and ample storage. Enjoy the convenience of a fully functional kitchenette, and private secondary laundry, making it an ideal space for guests or extended family. The suite is complete with a modern full bath, showcasing a custom tile shower with a sleek glass door—perfect for both comfort and style. Step outside to discover a beautifully landscaped outdoor space, perfect for entertaining or enjoying serene moments in nature. The oversized porch offers ample space for hosting summer barbecues or sipping hot cocoa during the holiday season. This home has been thoughtfully upgraded with new HVAC and plumbing systems, ensuring comfort year-round. All aspects of this residence reflects quality craftsmanship. This custom palace is not just a home; it's the perfect blend of luxury, comfort, and unique design. The location offers you the best of both worlds with nearby shops and restaurants just minutes away, making daily errands and dining out a breeze. Convenient access to highways ensures a quick commute to Emory University and other major destinations. This area is rapidly developing, offering exciting opportunities for growth and investment. With new businesses and amenities popping up, you’ll love being part of a vibrant and evolving community. With award winning Briarlake Elementary school district and a welcoming neighborhood, this home is perfect for families looking to settle down in a nurturing environment.
Source: FMLS #7461901
You may be able to put down less than the total down payment amount of $542,800 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Interest rate and monthly payment estimated based on public records.
Source: FMLS #7461901
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: #7461901