258 Sunset Ave NW, Atlanta, GA 30314
5 beds · 4 baths · 5,614 sqft
Welcome to a spacious and versatile haven of comfort, boasting 5 bedrooms, 4 bathrooms, and a generous 5,600+/- square feet of well-designed living space. This distinguished residence offers an extraordinary floor plan tailored for modern living, featuring the convenience of a 2-car garage. Nestled in a sought-after location, this home welcomes you with a blend of functionality and elegance. The thoughtful design includes 2 full baths on the main level, providing a unique opportunity for generational living. Whether you envision an In-law or Owner's suite on the main floor, this layout caters to various needs, ensuring flexibility for your lifestyle. The large kitchen with ample counter space, is a culinary enthusiast's dream. The adjacent dining and living areas flow together, creating an ideal space for intimate family gatherings and grand entertainment. Upstairs, discover the 2nd master suite and a collection of generously sized bedrooms, each bathed in natural light and offering a retreat-like atmosphere. The two-car garage ensures convenience and practicality. Embrace the opportunity to create a separate living space for extended family or utilize it as a source of additional income, such as a corporate rental or Airbnb. Step outside to a rocking chair front porch overlooking a spacious front lawn with an eastward-facing view of Atlanta's skyline. Property zoning allows for a range of possibilities as an investment opportunity. Located in a desirable in-town community with easy access to amenities, schools, and entertainment. Don't miss the chance to make this versatile property your place where comfort, convenience, and endless possibilities converge. Welcome home to a lifestyle of unparalleled adaptability and luxury.
Source: GAMLS #10377411
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10377411
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: #10377411
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.