4204 Magnolia Ct, North Charleston, SC 29420
5 beds · 5 baths · 5,137 sqft
**Assumable mortgage at 4% is available for qualified Buyers at a NET full purchase price** Welcome to your dream home in the highly desirable Coosaw Creek Country Club--a private gated community offering golf, tennis, and exclusive membership amenities. Nestled on a quiet cul-de-sac, this 5-bedroom, 5-bathroom home provides ultimate privacy, as it backs up to the stunning Coosaw Creek Reserve.Upon entering, you're greeted by 20+ foot ceilings in the grand foyer, showcasing a beautifully upgraded chandelier that sets the tone for the rest of the home. The open-concept layout creates an inviting flow, ideal for both entertaining and everyday living. Large windows throughout fill the home with natural light, including the sunroom that overlooks the expansive backyard and Coosaw Creek preserve, offering sweeping views and a tranquil atmosphere. The chef's kitchen features newer Samsung and Bosch appliances, including a cooktop, along with granite countertops, ample cabinetry, and a breakfast bar for casual dining. This space seamlessly transitions to the dining and family areas, creating a perfect setting for gathering. The primary suite serves as a luxurious retreat, complete with a spa-inspired ensuite bath featuring dual vanities, a soaking tub, and a separate walk-in shower. The additional bedrooms are spacious and versatile, providing plenty of room for family or guests. A bonus room upstairs offers even more flexibility for a home office, playroom, or media room. For added peace of mind and energy efficiency, a newly installed heat pump package ensures year-round comfort. The home's crawl space has been encapsulated, and a dehumidifier has been added to maintain optimal air quality and protect your home. Storage is abundant, with approximately 900 sq. ft. of walkable attic storage, perfect for seasonal items, hobbies, or extra belongings. The oversized three-car garage provides ample room for vehicles, equipment, and storage. Outside, the private backyard retreat offers a tranquil setting for relaxation or outdoor entertainment, all backed by the Coosaw Creek Reserve for added seclusion and scenic views. Living in Coosaw Creek Country Club gives you access to a world-class golf course, tennis courts, clubhouse dining, a community pool, and a vibrant social sceneeverything you need to enjoy an active and fulfilling lifestyle. Don't miss this rare opportunity to own a beautifully updated home in one of North Charleston's most sought-after communities. Schedule your private tour today!
Source: CTAR #25009137
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: CTAR #25009137
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.