1 of 68
$849,900

708 Larkspur Blvd NW, Acworth, GA 30102

6 beds · 5 baths · 4,253 sqft sqft

Welcome to this stunning 6-bedroom, 4-bathroom home in the vibrant city of Acworth, nestled in the close-knit Chestnut Hill community, renowned for its excellent schools and warm neighborhood charm. With 4,230 square feet of meticulously designed living space, this home offers everything you could dream of for comfort, convenience, and entertainment. Step into elegance with gorgeous hardwood floors flowing throughout the entire home, complemented by fresh, modern paint. The main level features an incredible master suite, complete with a hydro massage tub, heated flooring, and a luxurious walk-in closet, offering a private sanctuary for relaxation. The gourmet kitchen is a chefCOs paradise, featuring quartz countertops, brand-new cabinets, stainless steel appliances, and a pantry. Each bedroom in the home includes a walk-in closet, offering abundant storage for everyone. Perfect for multi-generational living or hosting guests, the fully finished basement includes an in-law suite with a complete second kitchen. This versatile space provides endless possibilities for extended family, guests, or rental income. Outdoors, youCOll find a beautifully crafted backyard retreat with a built-in gazebo, grill, and sink, making it ideal for entertaining and enjoying the outdoors. The fenced yard provides privacy and ample space for relaxation and recreation. This home is equipped for modern living, featuring three HVAC units(2022), thankless water heater, two washers, two dryers, and two refrigerators on separate floors. The 2-car garage also includes a convenient car charging station. For those needing reliable internet, Starlink satellite internet is available, making it perfect for remote work or streaming. Located within easy reach of interstates I-75 and I-575, this property provides quick access to downtown Acworth, Kennesaw, and Woodstock, all just a short drive away. Enjoy nearby shopping, dining, and entertainment options in each of these vibrant communities. This home is a rare find, combining luxury, practicality, and convenience in a highly desirable area. This is an exceptional home! The owners renovated it with the highest standards, as they intended it for themselves, so everything is done to perfection. TheyCOre only selling due to an unexpected move. DonCOt miss your chance to make this remarkable property yours!

Interest rate 3
2.9%
With Roam
7%
The seller’s mortgage rate at the time the loan was originated.
Monthly payment 3
$1,608
With Roam
$2,452
Reduce your monthly payments by $843 when you assume this mortgage.
You also save $262,235 in total interest paid.

$498,403
Edit

You may be able to put down less than the total down payment amount of $498,403 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
Lot size
0.338 acres
Year built
1988
Type
Single Family Residence

Source: GAMLS #10406128

Loan
Remaining term
25 years, 11 months
Rate
2.9%
Monthly P&I
$1,608
Remaining loan balance
$351,496

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: Nov 20, 2024 12:14 am
Listing agent: Theresa M. Wagner (770) 616-5992
Listing provided courtesy of:
Details provided by GAMLS and may not match the public record.
MLS ID: #10406128
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright © 2024 GAMLS. All rights reserved.
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.
$1,608/mo
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