216 Old Wolf Hill Rd Bethpage, TN 37022
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About this home
Welcome to your dream hobby farm in the heart of Middle Tennessee, where rustic charm meets modern comfort on 25 stunning acres. Ideal for horse lovers or anyone drawn to farm life, this property offers a 40x60 barn equipped with five horse stalls, a feed room, tack room, electric, and water—plus an additional structure for horse shading. Bledsoe Creek runs through the land, offering a serene natural backdrop and abundant wildlife. The home is a true showpiece, with a vaulted ceiling and a full-height stone fireplace that anchors both the upper and lower levels. Maple flooring runs throughout, creating a warm, inviting atmosphere. The kitchen is a standout with custom cabinets made from genuine Fender guitar wood, bringing a touch of rock-and-roll flair to your country lifestyle. Thoughtfully designed with pull-out slides and a walk-in pantry, it’s both stylish and functional. The main-level primary suite features a walk-in closet, a spa-like bathroom with a garden tub, walk-in shower, and skylight, plus French doors that open to a private sitting room on the front porch. Upstairs, you’ll find two additional bedrooms, a full bathroom, and a cozy loft-style sitting area that leads to a covered overlook deck with picturesque views of the property. The finished partial basement expands your living space with room for a home office, guest suite, or game room. A wood-burning stove keeps the space warm and inviting, and all basement furniture and accessories will remain with the home. Additional basement features include central heat and air, crawl space access, a spacious mechanical/storage room, and an under-stairs storage area suitable for use as a storm shelter. Step outside to a private outdoor retreat complete with a pergola, hot tub, fire pit, and plenty of room for entertaining under the stars. Approximately one acre is already fenced with wire, and the land offers ample opportunity for farming, recreation, and peaceful living.
Source: REALTRACS #2987017
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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.
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