1 of 27
$289,000

325 E Paces Ferry Rd NE Apt 2104 # 2104, Atlanta, GA 30305

1 beds · 1 baths · 869 sqft

Experience the luxury of effortless living with unrivaled skyline views from your private balcony in this upgraded one-bedroom condo located in the heart of Buckhead. Renovated unit welcomes you into this natural light-filled gem situated on the 21st floor of the prestigious Paces 325 Building. The renovation includes new flooring, neutral tone wall palettes, black-painted kitchen cabinets, a newer washer and dryer, and updated bedroom carpet. Enjoy the Buckhead skyline from the large covered balcony. The oversized primary bedroom features a spacious walk-in closet. This unit includes one deeded and covered parking space, along with a thoughtfully placed stackable washer and dryer. Paces 325 offers true effortless living for residents with an "A" grade amenities package, including 24-hour concierge service, a large and newly renovated fitness center, club room, lobby, pool, and tennis court. Ideally located in the heart of Buckhead Village, one of Atlanta's premier shopping, dining, and entertainment destinations. HVAC, water heater, fridge, washer&dryer, dishwasher and floors were replaces in 2022.

Estimated
Seller's interest rate
4.5%
7%
Estimated
Principal & interest
$1,342/mo.
$1,731
You may also save up to $126,301 in total interest paid.
Listing price
$289,000

Your cash down payment
$37,016
Seller’s estimated current equity is $37,016
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with gap financing.
Estimated $1,342 monthly payment

Financed
$251,983
Assumed mortgage 4.5% • Seller's rate
$251,983
2nd mortgage 9.25% • No prepay penalty
$0

Interest rate and monthly payment estimated based on public records.

Location
Details
Home
Size
869 sqft
Lot size
0.02 acres
Year built
2004
Type
Condominium
HOA dues
$433.00

Source: FMLS #7516423

Loan
Remaining term
27 yrs and 1 mo
Rate
4.5%
Monthly P&I
$1,342
Remaining loan balance
$251,983

Source: Public records

Who can qualify

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%. 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.

Other resources
Frequently asked questions

What is Roam?

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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?

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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?

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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?

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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?

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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.

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Last updated: Mar 11, 2025 09:40 am
Listing agent: Didem Devletsah
Listing provided courtesy of: Compass Georgia, LLC (404) 668-6621
Details provided by FMLS and may not match the public record.
MLS ID: #7516423
Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please visit https://www.fmls.com/dmca.htm to review our DMCA policy and learn how to submit a takedown request. © 2025 FMLS.
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Disclaimers
1 Roam connects buyers and sellers to homes with assumable mortgages via a concierge service. Roam does not offer or engage in mortgage lending activity.
2 30 day guarantee is subject to credit approval by your loan servicer.
3 The assumable interest rate shown for this assumable mortgage is an estimate using the average of interest rates in this home's area at the time of the last sale. The actual assumable interest rate may differ. Estimated payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Roam connects buyers and sellers to home with assumable mortgages via a concierge service. Roam does not offer mortgage loans, extend credit, make credit determinations, or otherwise engage in mortgage lending or brokering activities. The lender makes all credit and qualification decisions with buyers. Any determination to extend credit to a buyer is a decision by the lender, and not by Roam.
4 The lender makes all credit and qualification decisions with buyers. Any choice to extend credit to a buyer is a decision by the lender, and not by Roam.
$1,342/mo
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