1 of 47
$419,999

911 Woodbridge Dr, Cary, IL 60013

4 beds · 3 baths · 2,100 sqft sqft

Welcome to Your Dream Chalet! Step into this exquisite Chalet model home, where modern elegance meets spacious comfort. With soaring 9-foot ceilings on the first floor and an inviting open floor plan, the stunning 2-story family room is sure to impress. As you enter, you're greeted by a beautiful leaded glass front door with sidelights and elegant rubbed bronze hardware. The heart of this home, the kitchen, has been completely remodeled to perfection. Featuring luxurious 42" cabinets, gorgeous granite countertops, and a stylish glass tile backsplash, it's a chef's paradise. Enjoy brand-new stainless steel appliances, updated lighting, additional recessed lights, and a sleek under-mount stainless steel sink with a brushed chrome pull-down faucet. The open layout seamlessly connects the kitchen and dining area, enhanced by a convenient wall cut-out and a tiered countertop with seating on both sides. The first-floor powder room has been fully updated, showcasing a modern cabinet, sink, bronze faucet, elegant mirror, and tasteful ceramic tile flooring, complemented by a half-walled ceramic tiled backsplash adorned with decorative inlays. The entire first floor boasts beautiful hardwood floors, featuring an inlaid design in the living room. New lighting throughout the home enhances the welcoming atmosphere. The vaulted ceiling in the family room features a striking floor-to-ceiling raised hearth brick fireplace, and extra-wide atrium doors lead to a spacious deck, offering breathtaking views of the lush yard. The generous owner's suite is filled with natural light and includes a large walk-in closet. The newly remodeled owner's suite bathroom is a true retreat, with contemporary flooring, cabinetry, sink, faucet, mirror, lighting, and a stunning glass shower stall with decorative inlaid tiles. With a fresh coat of paint throughout, this home feels brand new! The versatile loft area overlooks the family room and can easily serve as an office, exercise space, media area, or craft room. A door leading to the loft and a closet that could be easily finished for added privacy enhances its functionality. A fantastic addition to this home is the newly created 4th bedroom on the main floor, plus an extra bedroom in the finished basement, bringing the total to five spacious bedrooms. The finished basement provides additional space to unwind, featuring a spacious rec and game room. Meticulously maintained by the owners, this home includes freshly cleaned plush carpeting for your comfort. Outside, enjoy a fully fenced yard complete with a large deck, shed, and an efficient sprinkler system. Backing onto open space, you'll relish the privacy of no rear neighbors. Conveniently located near train access, major roadways, and a plethora of restaurants and shopping options, this home is perfectly situated for modern living. Don't miss your chance to make this stunning Chalet your own!

Interest rate 3
2.8%
With Roam
6.5%
The seller’s mortgage rate at the time the loan was originated.
Monthly payment 3
$1,153
With Roam
$1,700
Reduce your monthly payments by $546 when you assume this mortgage.
You also save $171,142 in total interest paid.

$163,918
Edit

You may be able to put down less than the total down payment amount of $163,918 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
Size
2,100 sqft
Lot size
0.24 acres
Year built
1992
Type
Single Family Residence

Source: MRED #mrd12186770

Loan
Remaining term
26 years, 1 month
Rate
2.8%
Monthly P&I
$1,153
Remaining loan balance
$256,080

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.

Will an assumption work for me?

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An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.

Why do buyers use Roam?

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Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.

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Last updated: Oct 22, 2024 08:57 am
Listing agent: Carlos Alers (312) 678-4000
Listing provided courtesy of: Space Finder Inc (312) 678-4000
Details provided by MRED and may not match the public record.
MLS ID: #mrd12186770
Based on information submitted to the MLS GRID as of Oct 23 2024 - 02:32. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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 45 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.
$1,153/mo
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