214 Washington Ave La Plata, MD 20646
Your savings
About this home
Come see this beautiful rambler. LOCATION *LOCATION * LOCATION Welcome to 214-b Washington Ave, La Plata MD 20646. Step into comfort, convenience and character with this beautifully maintained three-bedroom, two bath Rambler nestled on a peaceful, private, and level 0.78-acre lot situated in the heart of La Plata. Enjoy everything that La Plata has to offer (restaurants, shopping, theater, schools, the farmers market and so much more). With nearly 2,000 sf of finished single level living, this home offers the best of both worlds: cozy charm and thoughtful updates. Whether you're entertaining on the large back deck, soaking in the hot tub under the stars, or curling up by the wood-burning stove on a chilly evening, every corner invites you to relax and feel at home. Inside features: There's a spacious eat-in kitchen with updated appliances, stylish black-and-white tile flooring. Just off the kitchen is the mudroom with full sized washer and dryer and a stand-up freezer (all covey). All 3 bedrooms are generously sized. The owner's suite has direct access to the rear deck, and the bathroom features a large soaking tub that sits under one of the 3 skylights in the house. More still, there is an over-sized tiled shower and a large vanity with ample storage. There are gleaming hardwood floors and ceiling fans throughout the house. Outside living features: The 0.78-acre lot is also fenced (front and back yard) adding to the privacy and security and fun factor for the kids. The rear deck has access at 3 points from the house making easy access for guest when you're entertaining. Also tucked into a corner of the back yard is a large (12x24) Omish type shed. The house also has an attached 2 car+ garage that features built-in shelving and both garage doors have remote openers. The finished breezeway has access from the front of the house and can be used for office or flex space. The front covered porch will welcome guest access to the house without being in the weather. Come see this beauty for yourself. It's worth the look.
Source: BRIGHT #MDCH2048372
Loan details
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
If you find a better price on any home, we’ll match it.
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.