8324 Kenwood Ave, Springfield, VA 22152
4 beds · 4 baths · 2,961 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to this stunning three-level Colonial home, offering 4 bedrooms & 3.5 bathrooms, perfectly positioned on a quiet & spacious corner lot on a closed end cul de sac road. Fantastic location! Over 3500 sq ft! Walk to all 3 highly ranking schools : Rolling Valley Elementary, Irving Middle and West Springfield High School. Just steps to Hidden Pond trail entrance. Walk to Old Keene Mill Shopping Center & Cardinal Forest Plaza and enjoy dozens of shops and restaurants including Starbucks & Giant. This eye-catching brick front home has impeccable curb appeal, thoughtfully designed landscaping, mature trees, a multi-tiered deck, charming pergola and an interior sauna. Wow! Freshly painted from top to bottom and completely move-in ready—plus, no HOA! Updated lighting throughout. This beautifully updated home features hardwood floors throughout the main level and a welcoming foyer that opens to a spacious living room with a cozy wood-burning fireplace, and access to an expansive deck system that leads to a fully fenced backyard. The formal dining room flows seamlessly into the kitchen which is truly a showstopper! Bright, spacious and stylish with recessed lighting, crisp white cabinetry, subway tile backsplash, and light quartz countertops. Gorgeous! Stainless steel appliances, including a brand-new stove & refrigerator, add a sleek, modern feel. A striking pendant light highlights the extended countertop with bar seating, perfect for casual meals or entertaining. A sliding glass door provides easy access to the deck, and there's also a convenient entry to the two-car garage, which includes plenty of additional storage space. The main level also includes a conveniently located powder room. The upper level offers four generously sized bedrooms and two full bathrooms. Two of the bedrooms feature plush carpeting, while the primary suite and an additional bedroom showcase beautiful hardwood floors. The spacious primary bedroom is a true retreat, complete with a large walk-in closet and a well-appointed en suite bathroom featuring dual sinks, granite countertops, & tiled flooring. The lower level features a spacious, carpeted open area complete with a large built-in bar topped with granite countertops, perfect for entertaining guests. Thoughtful storage is tucked away under the stairs and behind the bar, making it an ideal spot for a wine collection. You'll also love the fantastic indoor rock-heated sauna room with built-in bench seating—your own private retreat! An adjoining bonus room offers flexibility for a home gym, office, playroom, etc. Enjoy walk-out access to the backyard. The space also includes a full bathroom with a shower-tub combo, and a laundry room with a full-size washer and dryer. HVAC, washer, and dryer less than one year old! Gutters updated in 2021. Gas line on street - could easily connect to house. Excellent location just outside the beltway! Close to Metro bus stop and commuter bus to Pentagon. Convenient access to major roads including Fairfax County Parkway, 395/495/95, Franconia-Springfield Metro station, Commuter lots and Springfield/Burke VRE locations. Close proximity to George Mason University, Ft Belvoir, Lake Accotink Park, Burke Lake Park, Huntsman Lake, South Run Rec Center, Springfield Golf and Country Club, Springfield Town Center, and Springfield Plaza. Just minutes to DC, The Pentagon, Reagan National Airport, Alexandria, Arlington, Tyson's Corner and more. Nearby community swim & racquet clubs. Some photos were virtually staged. Make your appointment today!
Source: BRIGHT #VAFX2219348
All values shown are estimated costs / mo.
Source: Public records
Source: BRIGHT #VAFX2219348
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.