1 of 46
$525,000

515 S Bound Ct, Acworth, GA 30102

5 beds · 3 baths · 3,338 sqft sqft

Step into this beautifully maintained home that feels like a sanctuary tucked away in the heart of the charming High Shoals Neighborhood. Home is on a quiet cul-de-sac, surrounded by nature, this home offers the perfect mix of serenity and convenience. Just minutes from Lake Allatoona, lots of boat/jet skit/kayak ramps, scenic parks, campgrounds, and bustling downtowns like Woodstock, Acworth, and Kennesaw, you’ll have easy access to shopping, restaurants, and outdoor adventures. The close-knit community here is something special, with seasonal gatherings like chili cook-offs, cookie decorating, and even holiday visits from Santa and Mrs. Claus. Now, let’s talk about this gorgeous home. As you walk up, the cozy covered front porch invites you in. Inside, you’ll find luxury vinyl tile (LVT) flooring throughout the main level, including the stairs, which gives it both durability and charm. The front room is a flexible space that could easily be a home office, a playroom, or your new craft haven. In the heart of the home, the kitchen is truly a dream. With granite countertops, stainless steel appliances, custom pantry shelving, and a large island, it’s a space designed to gather. The stylish backsplash and open views into the family room make this the place where memories will be made. Imagine cozy nights by the gas fireplace or stepping out onto the back deck to enjoy cool breezes and stargazing with friends. Just off the kitchen, the dining room offers the perfect setting for intimate dinners or hosting holiday feasts. Imagine gathering around a big farmhouse table, with natural light streaming in and the warm scent of a home-cooked meal filling the space. This is where traditions begin, and you’ll love every moment spent here. Upstairs, you’ll find four generous bedrooms, two full bathrooms, and a laundry room that makes life a little easier. The owner’s suite is your retreat at the end of the day, complete with tray ceilings, custom walk-in closets, and an en suite bathroom with a soaking tub that’s just begging for a relaxing evening. And there’s more—head down to the finished terrace level where you’ll discover a second family room, perfect for entertaining or movie nights, with its own deck for that seamless indoor-outdoor living. With a mini-fridge, microwave, full bathroom, and an additional bedroom with two closets, this space could easily be a second owner’s suite or a comfy guest room for when friends and family come to visit.You'll also find ample storage space in the unfinished area, perfect for keeping everything organized and out of sight. The sellers have thoughtfully invested over $50K in upgrades, making this home truly one-of-a-kind. Every detail has been considered to create a space that's both beautiful and functional. From custom closet organizers to a tankless water heater that ensures endless hot water, to the lush landscaping that enhances curb appeal, this home has been given so much love. . Even the blinds have been updated to provide both privacy and style. So much care has gone into making this home an absolute dream! If you're looking for a home that feels like it’s been thoughtfully designed for real life, look no further. Schedule a visit today, and let’s make this dream home your reality!

Interest rate 3
3.33%
With Roam
7%
The seller’s mortgage rate at the time the loan was originated.
Monthly payment 3
$1,425
With Roam
$2,065
Reduce your monthly payments by $639 when you assume this mortgage.
You also save $196,861 in total interest paid.

$230,005
Edit

You may be able to put down less than the total down payment amount of $230,005 and have the rest of the funds financed with a 2nd mortgage from a lender. 4

Interest rate and monthly payment estimated based on public records.

Roam helps you take over the seller’s lower interest rate 1
We help you assume the seller's mortgage and avoid higher prevailing market rates.

45-day closing guarantee 2
We work directly with the mortgage servicer to help you quickly and easily close the transaction.
Location
Details
Home
Size
3,338 sqft
Lot size
0.18 acres
Year built
2019
Type
Single Family Residence

Source: FMLS #7452778

Loan
Remaining term
25 years, 8 months
Rate
3.33%
Monthly P&I
$1,425
Remaining loan balance
$294,994

Source: Public records

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?

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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?

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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?

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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?

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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?

expand content

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.

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Last updated: Oct 30, 2024 06:00 pm
Listing agent: Jennifer Pipin (678) 429-4073
Listing provided courtesy of: Keller Williams Realty Peachtree Rd. (404) 419-3500
Details provided by FMLS and may not match the public record.
MLS ID: #7452778
Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please visit https://www.fmls.com/dmca.htm to review our DMCA policy and learn how to submit a takedown request. © 2024 FMLS.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.
Disclaimers
1 Roam connects buyers and sellers to homes with assumable mortgages via a concierge service. Roam does not offer or engage in mortgage lending activity.
2 30 day guarantee is subject to credit approval by your loan servicer.
3 The assumable interest rate shown for this assumable mortgage is an estimate using the average of interest rates in this home's area at the time of the last sale. The actual assumable interest rate may differ. Estimated payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Roam connects buyers and sellers to home with assumable mortgages via a concierge service. Roam does not offer mortgage loans, extend credit, make credit determinations, or otherwise engage in mortgage lending or brokering activities. The lender makes all credit and qualification decisions with buyers. Any determination to extend credit to a buyer is a decision by the lender, and not by Roam.
4 The lender makes all credit and qualification decisions with buyers. Any choice to extend credit to a buyer is a decision by the lender, and not by Roam.
$1,425/mo
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