35 Cheatham Rd Ardmore, TN 38449
Your savings
About this home
Nestled in the rolling hills of Tennessee, this well-kept, one-owner brick traditional home offers a peaceful, private retreat on 40 acres of mixed open and wooded land. Surrounded by 360-degree views of stunning countryside, this property combines the best of quiet country living with easy access to big-city amenities. Located just one hour from Nashville, TN and 30 minutes from Huntsville, AL, you’ll enjoy an easy commute to major employers, shopping, dining, and entertainment—while still savoring the space and serenity of rural life. This 3-bedroom, 3-bathroom home features a warm and functional layout, with a full bathroom for each bedroom—ideal for comfortable living and hosting guests. Natural light fills the home, which boasts inviting interiors and a layout that’s easy to love. Each window frames a view of the surrounding hills, trees, and pastures, making nature part of your everyday experience. Step outside to enjoy wide open skies, mature trees, and the calming sounds of nature. The land is perfect for a horse or cattle farm, gardening, or simply enjoying outdoor hobbies and recreation. A barn provides great space for storage, tools, or a workshop, while a fully finished “she shed” with electricity offers a cozy retreat for hobbies, creative work, or quiet relaxation. Enjoy colorful four-season views, deer grazing at dusk, and sunsets from the front or back porch—this is a place where life moves at your pace. Whether you're looking for a forever home, a weekend retreat, or a place to build your dream farm, this property offers the perfect balance of country comfort and city convenience.
Source: REALTRACS #3031500
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.