3198 Garden Hill Ln, Douglasville, GA 30135
5 beds · 4 baths · 4,645 sqft sqft
Schedule your showing today to tour this Stunning Modern Home with Upgrades in the Desirable Tributary Community! Welcome to this gorgeous 4,645 sq ft home, built in 2020 and brimming with upgrades! With 5 bedrooms and 4 and 1/2 baths, this newer home is perfect for those seeking luxury and space. This home includes a 2,150 sq ft unfinished walk-out basement that is framed and stubbed for an additional bathroom, ready for your personal touch or design it to use as an income producing opportunity. Situated on a .80-acre lot with an irrigation system, this property is directly across from lush greenspace. Enjoy a large front porch, ideal for your morning coffee or relaxing evenings. Experience the open-concept design with LVP flooring and two cozy fireplaces. The kitchen is a chef's dream, complete with a double oven, large granite island, glass/white cabinetry, and a sizable sink. The kitchen opens to-two living spaces and a formal dining room, with a convenient deck just off the kitchen for outdoor entertaining. The main level features an owner's suite with a beautifully updated bathroom and a generous walk-in closet. On the upper level, discover the expansive larger owner's suite, featuring a double-sided fireplace, a cozy sitting area, a large full bath with a soaking tub, and a remarkably large walk-in closet and an additional closet! Three additional bedrooms on this level offer ample space and large closets. There is also a nice bonus area as you walk up the stairs. The home was professionally painted throughout (same color). This home is just a short distance from Hartsfield-Jackson Airport, the new Lionsgate Studios, Greystone Amphitheater, shopping, and dining. The HOA provides a range of amenities including internet and cable TV, clubhouse, a workout center, a dog park, pools, tennis courts, walking trails, a playground, and engaging resident activities. The owner has an assumable loan with a low interest rate, please contact the listing agent for details. Don't miss out on the opportunity to own a beautiful, upgraded home in a fantastic community. Schedule a showing today and see all that this property has to offer! Please Note: The home was damaged by fire in April 2022. The damage to the home was mitigated, repaired, and completely restored with numerous upgrades during the restoration process. Home warranty is negotiable.
Source: GAMLS #10354869
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10354869
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: #10354869
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.