3861 N Cooper Lake Rd SE, Smyrna, GA 30082
5 beds · 4 baths · 2,655 sqft
A Rare Gem in the Heart of Smyrna – Completely Renovated with Modern Upgrades! Welcome to this one-of-a-kind Smyrna home in the highly coveted King Springs school district! Thoughtfully designed and fully updated, this 5-bedroom, 4-bathroom property offers exceptional versatility with a fully finished studio apartment in the basement—complete with its own kitchen, laundry, and full bath. Whether you’re looking for a guest suite, rental income opportunity, or a private retreat, this space provides endless possibilities. Every inch of this home has been meticulously upgraded with high-quality craftsmanship. Recent improvements include a newer roof, new windows, updated plumbing and electrical systems, and state-of-the-art solar panels for energy efficiency. The all-brick exterior is enhanced with cedar wood details and Hardie siding, creating timeless curb appeal. As you step onto the welcoming front porch, a charming gas lantern sets the tone for the elegance inside. The interior is equally impressive, featuring solid oak hardwood floors, custom tile bathrooms, and exquisite millwork throughout. The open-concept kitchen is a true showstopper, boasting a sleek quartz waterfall island, modern cabinetry, and premium finishes that seamlessly blend style and function. Sitting on a spacious corner lot, the home offers both privacy and convenience. The circular driveway provides ample parking, while the fully fenced-in front yard and large backyard make it perfect for outdoor entertaining, pets, or simply enjoying the Georgia sunshine. With countless upgrades, a prime location, and unmatched charm, this move-in-ready home is truly a must-see. Don’t miss this rare opportunity to own a stunning, fully renovated property in one of Smyrna’s most desirable neighborhoods!
Source: FMLS #7541893
All values shown are estimated costs / mo.
Source: Public records
Source: FMLS #7541893
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.