1012 S Silver Star Way Anaheim, CA 92808
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About this home
Welcome to The Highlands in Anaheim Hills! Tucked away on a quiet street, this spacious 4-bedroom, 3-bathroom home with a large office offers one of the best floor plans and view lots in the neighborhood. From its vaulted-ceiling entry to its expansive canyon and mountain vistas—snowcapped peaks in the winter—this home combines comfort, potential, and an unbeatable location. Inside, the thoughtful layout features a formal living room with surround sound speakers, a dining area with custom cabinetry, and a cozy family room with a fireplace and direct access to the backyard. The kitchen stands out with granite counters, custom cabinetry, skylights, and upgraded stainless steel appliances. Just off the living room is a large custom office with built-in storage and wood cabinetry. Upstairs, all bedrooms are conveniently located, including a primary suite with a private balcony showcasing spectacular views and excellent potential for future closet and bathroom expansion. Two additional bedrooms share a dual-sink bathroom with separate enclosed shower and toilet area for added privacy., ideal for functionality and convenience. The backyard is designed for entertaining with recently upgraded concrete, custom landscape lighting, a built-in BBQ, large fire pit, and a scenic viewing deck to take in city lights and sunsets. Additional highlights include real wood flooring upstairs and on the stairs, luxury vinyl flooring over tile, updated HVAC (5–7 years), newer water heater (2 years), skylights, custom window shades, ample garage storage, and a separate washer/dryer area. Perfectly situated near award-winning schools (Canyon Rim Elementary, Canyon High, and Running Springs Elementary), parks, hiking/biking trails, shopping, dining, and with easy access to the 91, 55, 71, and 241 freeways, this property offers exceptional value in one of Anaheim Hills’ most sought-after communities. With its generous square footage, incredible views, and prime location, this home is ready for its next owner to make it their own. Don’t miss the opportunity!
Source: CRMLS #OC25222473
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FAQs
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.