3083 Db Rd Waterloo, IL 62298
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About this home
Nestled on 12.34 wooded acres just minutes from Waterloo, this extraordinary property blends peaceful country living with modern comfort. The land is a hunter’s paradise filled with mature trees, natural beauty, and abundant wildlife. Perfect for horses, four-wheelers, and outdoor enthusiasts, the property offers endless opportunities for riding trails, exploring the woods, or simply relaxing in total privacy. A 30x90 pole barn with three stalls provides the ideal setup for horses, with room for tack, feed, and storage. The 30x50 pole barn is perfect for a workshop or storage for tractors, four-wheelers, and all your toys. An 8x12 chicken coop adds to the homestead charm, while the outdoor wood furnace offers efficient, sustainable heat. Together, these features make this a property that’s as practical as it is beautiful. Inside, the home offers an inviting open floor plan with hardwood floors throughout the kitchen and great room. The kitchen features custom soft-close cabinets, granite countertops, a large center island, and high-end appliances. The adjoining great room showcases a striking stone gas fireplace and custom wood entertainment unit, creating a warm and comfortable space for relaxing or entertaining. A dramatic bay wall window above the open staircase fills the home with natural light and frames beautiful wooded views. The full basement is dry and includes two roughed-in bonus rooms with electric and closets, ready to finish for offices, hobby rooms, or extra sleeping areas. A sump pump provides added peace of mind. The 12x19 sunroom at the back of the home offers windows on three sides for panoramic views of the yard and woods. It’s the perfect spot for morning coffee, reading, or watching deer graze at sunset. The main level has two bedrooms, including a spacious primary suite with a private bath and a huge walk-in closet. A barn door leads to the oversized laundry room with cabinetry, sink, front-load washer and dryer, and a cedar-lined pantry. Every detail has been thoughtfully designed for comfort and function. The hardwood flooring, custom cabinetry, and natural wood accents give the home a warm, timeless appeal. Step outside and enjoy 12.34 wooded acres for horseback riding, four-wheeling, or simply taking in the peaceful scenery. Whether you’re entertaining guests or spending a quiet evening by the fire, this property feels like a private retreat. Despite the privacy, it’s conveniently located just minutes from Waterloo, offering easy access to shopping, dining, schools, and community events. A private road ensures peace and seclusion while keeping you close to town conveniences. This unique property offers it all—wooded acreage, barns, trails, wildlife, and a beautifully finished home designed for modern country living. Whether you dream of raising horses, hunting on your own land, or simply enjoying nature from your sunroom, this property delivers. Bring your four-wheelers, your horses, and your dreams—this one has room for them all. Schedule your showing today to experience everything this incredible property has to offer.
Source: MARIS #25064986
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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.