3979 Spring Grove Ave, Claremont, VA 23899
4 beds · 3 baths · sqft
Welcome to 3979 Spring Grove Ave in Claremont, Surry County. This 2,848 sqft 1899 Victorian home in Claremont is bountiful in space and has been well taken care of by its long time owners. Step inside, and you'll be greeted by the warmth of original wood plank floors that flow throughout the home except minus the LVP that was installed in the kitchen addition. Downstairs features one bedroom and a full bath, sitting room, family room and home office. The kitchen addition adds plenty of space and modern features, including granite countertops. The grand staircase leads to the upper level, where you'll find three more spacious bedrooms and an additional full bathroom. Also downstairs you will find a well-designed laundry and pantry area that seamlessly connects to a screened-in breezeway leading to the garage. The garage features a workshop with abundant storage, and a partially finished additional living space overhead—perfect for a rental, studio, office, or guest retreat. Recent updates include a brand new water heater, brand new roof and gutters on the house just this week, a brand-new roof on the garage in 2024 and fresh interior and exterior paint. Structural improvements to include new crawlspace piers, footings, and sistering of beams, ensure lasting stability and peace of mind. An added bonus is an exterior WoodMaster 4400 wood burning boiler. This system can be used year round to heat the home and hot water, at a fraction of the cost of propane.
Source: CENTRALVIRGINIA #2504796
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: CENTRALVIRGINIA #2504796
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.