222 Shortmarsh St, Summerville, SC 29486
4 beds · 3 baths · sqft
Your new home awaits, located in desirable West Lake at Cane Bay Plantation, a top-selling master planned community featuring an array of exceptional amenities This stunning one-story Madison floor plan offers four bedrooms, three full bathrooms, and a 3-car garage on a fully fenced wooded lot. As you enter through the welcoming glass front door you are greeted by a beautiful entryway with 9' ceiling, wood flooring, elegant crown molding and custom baseboards. The gourmet kitchen is a dream with a large shiplapped island, walk-in pantry, granite countertops, chic tiled backsplash, large single bowl sink, stainless steel appliances, as well as a 5-burner gas cooktop with a hood, dual built-in ovens, under cabinet lighting and an eat-in dining area.The family room is meant to enjoy and entertain with a gas fireplace surrounded by shiplap, custom mantel and decorative built-ins sure to wow! The primary suite is complete with a spa-like ensuite including a walk-in closet, dual sink vanity, a relaxing garden tub, and a tiled shower with a frameless contemporary sliding door. The private guest/mother-in-law suite with a full bathroom is perfect for the holidays. There are two additional bedrooms and a shared hall bath. This lovely home also features a walk-in laundry room with utility sink, screened patio, fully fenced in backyard on a wooded lot, a full house gutter system, a large extended driveway for multiple car parking, and fresh landscaping with 2-palm trees in the front of the home. See the Upgrades and Features Sheet listed in photos for more details. Amenities include a resort style swimming pool, a pickleball court, picnic tables, bocce ball areas, horseshoe pits, a fire pit, a fishing dock, a playground, and a grass field for various sports activities. Additionally, a boat ramp grants access to the expansive 350-acre fishing lake. Discover everything you need right here at West Lake in Cane Bay! Enjoy the convenience of nearby stores, restaurants, gas stations, veterinary clinics, dental and medical offices, the Cane Bay YMCA, worship centers, and healthcare facilities all accessible by a quick golf cart ride. Plus, you're just a short drive from downtown Charleston, historic Summerville, Nexton Square, Lake Moultrie, Charleston International Airport, military bases, and stunning white sand beaches. South Carolina's natural beauty awaits! Tour West Lake at Cane Bay today!
Source: CTAR #24028312
Interest rate and monthly payment estimated based on public records.
Source: CTAR #24028312
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: #24028312
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.