8228 Stacey Rd, Alexandria, VA 22308
4 beds · 4 baths · 2,389 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Rare opportunity to own a fully updated, 3 level, 4 bedroom, 3.5 bath colonial on gorgeous level lot, fronting a quiet cul-de-sac in sought-after Fort Hunt! This home has been renovated top to bottom and meticulously cared for. Rich hardwood floors on the top two levels and fresh paint on all three levels welcome you to this fabulous floor plan. A beautiful chef’s gourmet kitchen anchors the center of the home with luxury granite, beautiful cabinets and stainless steal appliances. A large family room with renovated fireplace, dining room, living room and fully renovated powder room from the studs complete the main level. Moving upstairs, you will find a highly desired 4 bedroom floor plan that boasts a large primary suite, luxury bath and spacious walk-in closet. Three more bedrooms and another completely remodeled full bath (flooring, tub, shower, toilet, vanity, fixtures, paint) complete the top floor. Ample lower level finished space adds another family room and renovated full bath that can be used as a guest suite or au pair accommodations. A workout room, shop area with work bench and utility space round out the lower level with plenty of potential to add another bedroom and even more entertainment space. Moving outside, a 19ft x 16ft "Trex" deck overlooks a fabulous flat backyard for serenity and an escape for adults, kids and pets. An oversized garage can fit your larger vehicles or bonus storage and lush, professional landscaping provide unmatched curb appeal. All with no HOA! Walkable to both Stratford Landing Elementary School and Carl Sandburg Middle Schools. Enjoy all that Fort Hunt has to offer just minutes from Old Town, the Mt Vernon Bike Trail, the Potomac River and the Historic Mount Vernon Estate. Shop at the convenient Hollin Hall shopping center, where you'll find a grocery store, hardware store, bank, coffee shop and restaurants. Even better, get hours/days/weeks of your life back with easy commutes to the Pentagon, Washington DC via the GW Parkway or the Huntington Station Metro and to Fort Belvoir. This is a truly turn-key home with over $46,000 in recent updates since 2022 in addition to a new roof and new thermal windows within 5 years. Welcome home to the perfect blend of space, luxury, privacy, walkable to two schools and convenient commuting—schedule your showing today and see it for yourself! Open House, Sat, 26 Apr from 200 - 400 PM.
Source: BRIGHT #VAFX2235732
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: BRIGHT #VAFX2235732
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 and Equal Opportunity Act.