4994 LYNNONHALL CT, Lithonia, GA 30038
Discover unparalleled luxury in this meticulously upgraded home in The Shoals at Klondike, built in 2020. With a blend of traditional elegance and modern comfort, this residence offers a lifestyle of sophistication and timeless charm. As you approach, the grand wrought iron doors and beautifully landscaped yard with upgraded sofit lighting create stunning curb appeal day and night. Before you even step inside, be captivated by the elegant entryway arch and the modern ring chandelier visible through the transom window, setting the tone for the luxury that awaits within. Enter through grand wrought iron doors to an inviting foyer illuminated by tons of natural light and modern light fixtures. This leads seamlessly into a breathtaking, open-concept 2-story family room, featuring a stunning catwalk that overlooks the space below, adorned with coffered ceilings and detailed trim that add to the home's stately charm. The chef’s paradise kitchen, a true centerpiece of the home, boasts high-end cabinets, gleaming granite countertops, a chic tile backsplash, an expansive island, a spacious pantry, and beautiful hardwood floors, making it perfect for culinary adventures and entertaining. From the fireside family room, venture into your backyard oasis, complete with a gazebo and decorative lights. Imagine hosting unforgettable gatherings and creating lasting memories with friends and family in your backyard oasis. Upstairs, the luxurious owner’s suite features a spa-like bath with modern light fixtures, a deep soaking tub, a tiled shower, a double vanity, and an expansive walk-in closet nearly the size of a bedroom. Three additional spacious bedrooms and two full bathrooms complete the second floor, providing ample space for family and guests. Everyday convenience is enhanced with a 2-car garage that allows you to enter your home without stepping outside. Host cookouts and gatherings in the open-concept living space on the main floor, allowing you to prepare meals without missing any of the fun. Nestled in The Shoals at Klondike Neighborhood, this beautiful home offers a serene and welcoming community atmosphere. For outdoor enthusiasts, you'll be near nature trails perfect for walking, hiking, or biking at Panola Mountain State Park and Arabia Mountain Park. Enjoy the convenience of being minutes away from shopping and restaurants at Stonecrest Mall and having easy access to I-20, just 22 miles from the heart of Atlanta. This incredible home is designed for those who appreciate both luxury and comfort. Its three sides brick exterior, grand entryway, and french inspired architectural details make it truly stand out. Seize the opportunity to own this exquisite luxury home today! Schedule your private tour now and immerse yourself in the unmatched elegance, modern upgrades, and prime location this stunning residence offers.
You may be able to put down less than the total down payment amount of $160,996 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #7424869
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.