47 Mcdonald St SW, Marietta, GA 30064
3 beds · 2 baths · 1,691 sqft
Located in the charming Historic Marietta Square neighborhood and just two blocks from the iconic Marietta Square itself, 47 McDonald Street is a picture-perfect 2-bedroom, 1.5-bathroom home. As you approach, you're met with a charming white picket fence and newly landscaped front yard that adds beautiful curb appeal! Stepping inside, the foyer is adorned with a half-bath and beautifully refinished hardwood floors throughout that guide you into the bright and airy living room. A newly installed stone fireplace anchors the space, while custom-built bookshelves create a cozy, inviting atmosphere for both relaxing and entertaining. Beyond the living room, the oversized sunroom is a showstopper, bathed in natural light and offering a serene setting for morning coffee or hosting friends. The built-in mud bench adds practicality, and large windows bring the beauty of the outdoors inside. The dining room flows effortlessly into the fully remodeled kitchen, which features sleek cabinetry, stainless steel appliances, and thoughtful upgrades. This space is perfect for everyday meals or gatherings, designed with both style and function in mind. Off the kitchen you will find an expansive, freshly-stained, deck that overlooks the back of your peaceful backyard and property. Upstairs, you will find the first of two bedrooms with its own en-suite closet. Next, the oversized primary bedroom includes a huge space for a sitting room and its own closet. Each of these rooms are filled with plenty of natural light and new ceiling fans for added comfort. The full bathroom has been tastefully updated with new fixtures and new vanity for a fresh, modern feel. The refinished original porcelain pedestal tub and shower combination offers a timeless blend of classic elegance and antique charm. Its beautifully restored finish highlights the craftsmanship of a bygone era, making it a standout feature that complements the overall character of the home. The versatile third bedroom can also serve as a dedicated office, studio, or even a walk-in closet whatever suits your needs! This home also includes an unfinished basement with interior and exterior entry. A detached two-car garage with a loft offers ample storage or the potential for a workspace. With a new roof, updated HVAC, and an array of other thoughtful updates, this home is move-in ready. The home offers convenient access to schools, employment centers, shopping, major freeways, healthcare facilities, emergency services, the central business district, and local festivals and events. Enjoy nearby recreational parks and the stunning Kennesaw Mountain National Park, providing ample opportunities for outdoor activities and exploration, ensuring you're close to everything you need for daily living and community engagement. Located in one of downtown Marietta's most desirable neighborhoods, this beautifully updated cottage offers an incredible ownership opportunity, combining historic charm, modern updates, and a prime location.
Source: GAMLS #10393586
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10393586
Source: Public records
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: #10393586
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.