2306 Byrd St, Raleigh, NC 27608
4 beds · 5 baths · 3,816 sqft sqft
Situated in the coveted Anderson Heights neighborhood, this remarkable 4BR/5BA home within the beltline, offers a perfect blend of classic charm and contemporary comfort. Covering more than 4,200 sq ft across three levels and including an apartment above the garage, this impeccably renovated home radiates sophistication throughout. The newly expanded, and sodded backyard is perfect for entertaining. Inside, the state-of-the-art kitchen, a haven for culinary enthusiasts, features top-of-the-line Thermador appliances, Jennair double ovens, a built-in Miele coffee maker in the butlers pantry, ample cabinet space, and more. Flowing seamlessly from the kitchen is a gorgeous, freshly painted sunroom retreat, flooding with natural light and overlooking the expansive backyard. Work from home in your home office or turn it into a guest suite. And you won't want to miss the opulent full bath downstairs! Each tranquil bedroom upstairs comes with it's own walk-in closet and luxurious renovated bathroom. The Primary suite boasts a spa-like retreat, featuring a freestanding soaking tub, sophisticated double vanity, and a seamless glass surround with rain faucet and handheld shower. The third level offers an additional living space, including a recreation room, bedroom/studio, walk-in closet, and full bath. Adding to the allure of this home is a bonus in-law suite above the garage which adds a seamless bedroom, living room and complete with a second kitchen, walk-in closet, and full bath. Ideally located, you will appreciate the convenience of nearby shopping, downtown Raleigh, and top-rated schools.
Source: TRIANGLEMLS #10038084
Interest rate and monthly payment estimated based on public records.
Source: TRIANGLEMLS #10038084
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: #10038084