75 Price Dr W, Locust Grove, GA 30248
5 beds · 4 baths · 4,100 sqft
Expansive 12+ Acre Retreat in Henry County - A Rare Gem! MOTIVATED SELLER, PRICED BELOW APPRAISED VALUE, BRING ALL OFFERS!!! This stunning 5BR 3.5BA estate nestled on 12+ pristine acres in beautiful Henry County. Designed for those who crave space, privacy, and luxury, this expansive 2-story home offers an unparalleled lifestyle in a serene country setting-all while being conveniently close to major expressways, shopping, dining, and top-rated schools. Step inside to find a thoughtfully updated home featuring generously sized bedrooms and a versatile bonus room, ideal for family living or entertaining guests. The heart of the home is the chef's dream kitchen, boasting gorgeous granite countertops, a GE Profile 5-burner range, and custom cabinetry, making every meal a delight. For those who love the outdoors, this property is a true paradise. Enjoy warm summer days by the sparkling saltwater pool, complete with a charming pergola and pavilion for relaxation and entertaining. A gorgeous sunroom with poolside views provides the perfect spot to unwind with a morning coffee or an evening glass of wine. Equestrian enthusiasts will appreciate the 7-stall barn with a tack room, 2 paddocks, a lighted riding arena, and a spacious horse corral, offering everything needed for a premier horse-friendly lifestyle. The property also includes three lush pastures, ensuring ample space for your horses to roam freely. Need extra storage? A 3-car detached garage and workshop provide plenty of room for vehicles, tools, and hobbies. Convenience is key-this estate is just minutes from Starbucks, Tanger Outlets, popular retail centers, and local restaurants, making everyday errands a breeze while still enjoying the peace and quiet of country living. Plus, the assumable 2.7% VA loan makes this an incredible opportunity for qualified buyers! Don't let this rare retreat slip away! Whether you're seeking the ultimate spacious family home or a peaceful escape from city life, this estate has it all.
Source: GAMLS #10481335
Financials
Source: GAMLS #10481335
Source: Public records
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%. 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.
Other resourcesWhat 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.