4014 Sparrow House Ln Burtonsville, MD 20866
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About this home
Discover peace and tranquility within this elegant three-level residence located in the heart of Burtonsville. Designed with outstanding attention to detail, this former model home features four spacious bedrooms and three and a half bathrooms, offering comfort and style throughout. The main level is thoughtfully designed for both everyday living and entertainment. An open layout, high ceilings, and new hardwood floors create a welcoming atmosphere. The living room exudes sophistication, boasting ample space and abundant natural east west exposure to light from sunrises and sunsets through the bay window and entry-level transom window. The kitchen is equipped with stainless steel appliances, including a brand-new microwave, and offers plenty of cabinet and storage space. Adjacent to the kitchen, the dining room features elegant chair railings and a built-in buffet, perfect for hosting gatherings. A stylish half bath completes this floor, adding convenience for guests. The upper level is home to the primary suite, which includes a generous walk-in closet and a newly remodeled ensuite bath with a spacious vanity. Two additional bedrooms are also located on this floor, along with a full bath featuring a tub for relaxation, brand new wall-to-wall carpeting, and a separate linen closet. The lower level offers endless flexibility with new flooring throughout the basement, an additional bedroom, a fully remodeled bath that includes a walk-in shower, separate laundry room with new Washer and Dryer, plenty storage, as well as a new HVAC system and hot water heater. The recreation area features a modern-style fireplace and a walk-out basement, providing access to a beautiful, fenced backyard—perfect for outdoor enjoyment. This home also has new windows, fresh new paint throughout, and is move-in ready. The community and pet friendly neighborhood provides a serene walking trail, a playground, and a picturesque pond just steps from the front door, making it ideal for families and nature lovers alike. Located in one of Burtonsville’s most sought-after neighborhoods, this residence offers both a welcoming home and an entertainer’s dream. It is conveniently situated just minutes from I-495, the Intercounty Connector (ICC) 200, U.S. 29, and other major roadways. Nearby local hotspots include the newly redeveloped Burtonsville Crossing as well as the White Oak Town Center. Close attractions include Burtonsville Town Square, Fulton, Columbia, The Gardens Icehouse, Fairland Regional Park, and Fairland Sports and Aquatic Complex.
Source: BRIGHT #MDMC2203532
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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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