4158 Autumn Hill Dr, Stone Mountain, GA 30083
4 beds · 3 baths · 4,678 sqft
Step into your future at 4158 Autumn Hill Drive, a delightful gem in the serene and sought-after community of Stone Mountain, GA. This charming property boasts a rich history of love and potential, I have successfully sold twice before, always finding its way into the hands of happy first-time homeowners. When the current owners purchased this home in November 2021, it appraised at $280,000. Today, with comparable properties in the area selling for as much as $325,000 or more, this home is brimming with untapped potential. While the sellers began a remodel journey, they've only made minor updates, leaving the door wide open for your creative vision to shine. This property has already received a lot of interest and offers, but the sellers want to clarify that they are not considering creative financing deals. Investors have shown strong interest in this property, but it remains a single-family home that could truly shine with a few thoughtful updates. Priced below market value, it's an incredible opportunity for buyers to secure a fantastic deal in a desirable neighborhood. Key Features: - Spacious Living Areas: Perfect for relaxing or entertaining guests. - Versatile Dining/Family Room: Adaptable to fit your lifestyle needs. - Functional Kitchen: Ready for a modern makeover. - Separate Laundry Room: Adding convenience to your daily routine. - Large Bedrooms: Including a primary suite on the main floor with a spa-like en-suite bathroom. Whether you're a first-time buyer or a savvy investor, this is your chance to create something extraordinary. Neighborhood Highlights: This peaceful community combines tranquility with convenience, offering quick access to local amenities, grocery stores, and major highways. Comparable Sales in the Area: - 4182 Autumn Hill Drive: Sold for $360,000 in Nov 2023, featuring 5 beds and 3 baths. - 4191 Autumn Hill Drive: Sold for $375,000 in Oct 2023, boasting 5 beds, 3 baths, and 3,060 sqft. - 4336 Colony East Drive: Sold for $304,000 in Jul 2024, with 4 beds, 3 baths, and 1,360 sqft. These sales underscore the neighborhood's growing value and the strong potential for returns with the right upgrades. This is your opportunity to turn 4158 Autumn Hill Drive into a home that's uniquely yours. Don't wait-contact me today for more information or to schedule your private showing. Your dream home awaits!
Source: GAMLS #10412216
Source: GAMLS #10412216
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: #10412216