1576 Abercorn St NW Concord, NC 28027
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About this home
Move-In Ready Home in Moss Creek Reserve! This beautifully upgraded 4BR/3.5BA home in Concord’s sought-after Moss Creek Reserve offers elegance, space, and unbeatable amenities. Enjoy soaring 10-ft ceilings on the main level, 9-ft ceilings upstairs, 8-ft doors and crown molding throughout. The main floor features ceramic tile flooring, a formal dining room, private office/flex space with French doors, and a spacious family room with gas fireplace. The open-concept kitchen includes stainless steel appliances, gas stove, large center island, and built-in workstation. Upstairs you will find 4 bedrooms, 3 full bathrooms, and a large bonus/media room. The primary suite features dual walk-in closets, soaking tub, separate shower, and double vanities. Enjoy outdoor living with a wooded, beautifully landscaped, fenced backyard, oversized stamped concrete patio with firepit, and saltwater hot tub. Recent Updates: New downstairs HVAC system and air purifier added to upstairs HVAC (Nov 2025), roof (2021), tankless water heater (2021), dual-zone HVAC upstairs (2019), whole-house water filter (2020), hot tub (2021), smoke/CO detectors replaced (2025) and outdoor storage shed (2020). Home warranty included through April 2027. Google Fiber ready. Located in the award-winning Cox Mill High School district with Odell Elementary and Harris Road Middle schools in the community. This home is located less than a 5-minute walk to resort-style amenities including Olympic-size pool + 3 others, fitness center, clubhouse, playground, tennis, pickleball, and basketball courts, walking trails. Convenient to I-85 and I-77.
Source: CANOPYMLS #4300273
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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.