2111 Elada Dr Tahlequah, OK 74464
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About this home
Escape to a stunningly remodeled home that offers the perfect blend of small-town charm and modern luxury. Situated on a sprawling 1.86-acre lot, this property provides the rare and desirable combination of spacious, park-like privacy with incredible convenience. Step inside this four-bed, three bath masterpiece to a space designed for both comfortable family living and grand-scale entertaining. The home’s two distinct living areas provide unmatched versatility, with two cozy fireplaces serving as the perfect focal points for gatherings on chilly evenings. The heart of the home, the kitchen, is a chef’s dream, featuring gleaming granite countertops, brand-new stainless steel appliances, and abundant storage. You’ll find new flooring, fresh paint, and custom built-in bookcases downstairs, adding both style and functionality. This home has been meticulously updated for your peace of mind. Both HVAC units are newer, ensuring year-round comfort, and a new hot water heater. The finished basement adds a huge amount of usable space, perfect for a media room, a home gym, a play area, or a private office. The attached two-car garage includes dedicated storage, keeping your vehicles and belongings safe and organized. The outdoor living is just as impressive. A beautiful covered deck wraps around the home, providing a tranquil spot for morning coffee or evening relaxation and offering private access directly from the luxurious master suite. The expansive yard is a true paradise, complete with a charming gazebo for outdoor dining, a practical storage shed and gardening space. With easy access to Highway 82, this location is ideal for commuters, blending the tranquility of country living with the accessibility of city life. Just a few miles to the Illinois River Basin, Downtown Tahlequah is minutes away, with local hospitals and NSU Campus/NSU Optometry School just down the road. Schedule your private showing today to experience this exceptional property firsthand.
Source: MLSTECHNOLOGY #2538857
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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.