650 Coquina Ave, Murrells Inlet, SC 29576
4 beds · - baths · sqft sqft
Welcome to this beautifully crafted 4-bedroom, 2.5-bath home with Hardie Plank siding, offering a perfect blend of coastal charm and modern luxury in the heart of Murrells Inlet. The open floor plan creates a light, airy atmosphere throughout the home with many upgraded details. Featuring a spacious first-floor primary suite with wainscoting highlights, a walk-in closet and primary bath that offers dual shower heads. Additional upgrades include a Rinnai instant hot water heater, leathered granite kitchen countertops, and Pottery Barn pendant lighting. Enhanced by a bonus media room complete with a 120-inch HD ambient light-rejecting theater screen-ideal for movie nights or game day- this home is designed to impress. A rare find in the area, this property boasts a fully fenced-in backyard, providing added privacy. The back covered patio is an entertainer’s dream, complete with an outdoor fireplace and TV hookups-perfect for grilling, watching football, and enjoying the coastal lifestyle. With no HOA, you’ll have plenty of room to park your boat, RV, or multiple vehicles in the expansive driveway. The property also includes a large storage shed, perfect for your golf cart or two Harleys, with room for an additional 12x12 shed in the backyard. The meticulously landscaped yard features stunning Palmetto palms, adding to the home’s curb appeal. Perfectly located, this home is within short distance to some of Murrells Inlet’s finest restaurants and just a short golf cart ride to the renowned Marshwalk, where you’ll find the best seafood, live music, and stunning views. Whether you enjoy freshwater activities at Wachesaw Landing (just 2.7 miles away) or saltwater adventures at Marsh Landing (only 1.1 miles), this home offers easy access to the best of both worlds. Don’t miss the chance to own this incredible home in one of the most sought-after locations in Murrells Inlet!
Source: MYRTLEBEACH #2426503
Interest rate and monthly payment estimated based on public records.
Source: MYRTLEBEACH #2426503
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: #2426503
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.