8033 Louis Dr, Locust Grove, GA 30248
5 beds · 5 baths · 3,522 sqft
Welcome home to 8033 Louis Drive! A meticulously cared for residence nestled within the esteemed Heron Bay Golf & Country Club community. Located on the 1,100-acre Cole Reservoir, Heron Bay has one of the most picturesque and coveted locations on Atlanta's Southside. This expansive 5-bedroom, 4.5-bathroom home offers fined living space, thoughtfully enhanced with new contemporary elements. The gourmet kitchen is the heart of the home, featuring a spacious island, breakfast area, and walk-in pantry. The kitchen also includes stainless steel appliances, with the refrigerator conveying at closing! Elegant living spaces await, with a co-living/dining room providing sophisticated settings for entertaining, while the family room, centered around a cozy fireplace, offers a warm and inviting atmosphere. Rounding out the main level, the private guest suite ensures comfort and privacy for visitors. Upstairs, an oversized loft offers versatile space for leisure and entertainment, accompanied by three additional generously sized secondary bedrooms. The luxurious primary suite serves as a private retreat, featuring a spa-like bathroom with a soaking tub, separate shower, and dual vanities, complemented by a spacious walk-in closet. This home has been recently updated with new hardwood flooring, contemporary lighting fixtures, and fresh interior paint, aligning with the latest design trends that favor rich, saturated colors and layered textures. Outside, the property boasts a level lot with a dual irrigation system, providing a well-maintained outdoor space suitable for gardening or gathering. Residents of Heron Bay enjoy a wealth of amenities, including a clubhouse, golf course, lake, fitness center, playground, pool, sidewalks, and tennis courts, all contributing to a vibrant and active lifestyle. Conveniently located near I-75, this home offers easy access to major highways, shopping destinations like Southpointe shopping center, Tanger Outlets, and attractions such as the Atlanta Motor Speedway. Happy Showing!
Source: FMLS #7553158
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: FMLS #7553158
To qualify, you must meet the current FHA or VA 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
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 “Save search” 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.
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 620, 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.