309 Elizabeth Blvd, Alpharetta, GA 30009
2 beds · 2 baths · 1,491 sqft
Have you been searching for a rare opportunity to live in one of Alpharetta's most sought-after and quiet neighborhoods, without breaking the bank? Well, your patience has paid off! Welcome to this charming ranch home, perfectly positioned for both convenience and tranquility, at an unbelievable price point! In a zip code where the average detached home exceeds $1,200,000, this gem is listed at just $440,000, making it a truly unique find. This home is a dream for those seeking low-maintenance living. Retirees will appreciate the ease and comfort of a true ranch layout, while first-time buyers will jump at the chance to own a detached home in such a prime location at an affordable price. This home's versatility also makes it an excellent choice for anyone seeking a manageable and well-located property. Imagine being just two miles from the vibrant Downtown Alpharetta, three miles from the upscale Avalon, and three miles from GA 400. Plus, you're only one mile from Wills Park, two miles from Crabapple, and zoned for the highly acclaimed Milton High School! If the area and price point were not enough, the features of this home should seal the deal. Almost all of the heavy lifting has been done on this home! Step inside to discover a fully updated two bedroom, two bathroom ranch.The updated kitchen features new appliances, cabinetry, recessed lighting, and has been opened up to a spacious floor plan with vaulted ceilings, giving it a much more modern feel. The living space features a modernized electric fireplace and LVP flooring throughout. Other notable recent updates are new windows, a new electric heat pump, and a newer backyard fence. A unique feature about this home is that it is nearly fully wheelchair accessible. The home features widened door frames, an accessible master shower, and true stepless living. Enjoy outdoor living on the side patio, ideal for relaxation, gardening, or grilling out. A single-car garage and long flat driveway provides ample storage and parking space. And for those seeking a truly carefree lifestyle, the HOA includes landscaping, eliminating yard maintenance! Come see this incredible opportunity for yourself—you’ll be glad you did! This is your chance to own a detached home in a prime Alpharetta location at a fraction of the typical price. Don’t miss out on this rare gem!
Source: FMLS #7552158
All values shown are estimated costs / mo.
Source: Public records
Source: FMLS #7552158
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
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 “Save search” 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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.