153 Cool Springs Rd North East, MD 21901
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About this home
OPEN HOUSE SUNDAY OCTOBER 26 FROM NOON TO 2PM. 🏡 Welcome Home to 153 Cool Springs Rd, North East, MD 21901 📍 Located in the beautiful Cool Springs Community 💰 Offered at $510,000 | 3 Bedrooms | Loft | 2.5 Bathrooms | 2,700 Finished SQFT | 0.29 Acres Tucked away in the desirable Cool Springs neighborhood in North East, Maryland, this meticulously maintained traditional-style home offers the perfect blend of comfort, functionality, and style. Built in 2013 by Ryan Homes, this three-level detached home sits on a quiet, landscaped lot and boasts over 3,200 total square feet including a walkout lower level. Step through the front door and into a welcoming foyer that opens to spacious, light-filled living areas. The heart of the home is the open-concept kitchen and family room, complete with stainless steel appliances, built-in microwave, electric range, and a center island ideal for meal prep and entertaining. Just off the kitchen is a bright breakfast room with peaceful backyard views—perfect for morning coffee or casual dining. Adjacent to the kitchen which contains updated stainless appliance is the main-level family room, offering ample space for relaxation, movie nights, or hosting guests. A separate formal dining room provides space for more traditional gatherings and holiday meals. Also includes the convenience of the laundry area off of the kitchen. Upstairs, you’ll find three generously sized bedrooms, including a luxurious primary suite with a private ensuite bath and plenty of closet space. A versatile loft area adds flexibility as a home office, playroom, or second living space. The convenient laundry area is located on the main level, making daily chores a breeze. Downstairs, the partially finished walkout basement provides endless potential—whether you envision a home gym, recreation area, guest suite, or workshop. There's also plenty of storage and future finishing space including a rough in for a bathroom. Also includes a completely updated HVAC system. Outside, enjoy the professionally maintained yard, complete with an irrigation system to keep your lawn green and gorgeous year-round. The solar panel system helps offset energy costs while promoting environmentally conscious living and the roof, with gutter guards, is only about 1year old. (credit application required for solar system). A two-car attached garage and private driveway provide plenty of parking. Other features include: ✅ Luxury vinyl plank and carpet flooring ✅ Central A/C and heat pump ✅ Public water and sewer ✅ No flood zone ✅ HOA fee just $35/month ✅ Pets welcome (no restrictions!) The Cool Springs community is known for its quiet streets, friendly neighbors, and convenient location. You're just minutes from I-95 and Route 40, making commuting to Baltimore, Wilmington, or Philadelphia a breeze. Enjoy local amenities including the charming shops and restaurants of downtown North East, beautiful marinas, parks, and access to the Chesapeake Bay. 📞 Don’t wait—schedule your private tour today and discover everything this exceptional home has to offer!
Source: BRIGHT #MDCC2018554
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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.