$589,900

4318 Edenfield Dr Knoxville, TN 37938

$2,557/mo at 6.5%
Unlock a lower rate & save over $100K.

Your savings
Compared to a new mortgage.
Principal/interest
Monthly payment

Monthly savings
5-year savings
Lifetime savings

About this home

Elegant 4-Bedroom Home with Bonus Room & 3-Car Garage in Grove Point Welcome to this beautifully maintained 4-bedroom, 2.5-bath home located in the highly sought-after Grove Point subdivision. Built in 2010 and offering approximately 2,850 square feet, this home combines comfort, style, and a long list of thoughtful upgrades that make it truly move-in ready. Key Highlights Whole-house backup generator (installed 2025) Security system with 8 cameras 2024 stainless steel kitchen appliances New faucets in kitchen and bathrooms New luxury vinyl plank flooring on the main level Washer & dryer convey Chair lift for easy access to the second floor-can be conveyed or sellers can have it removed. Air curtain from garage to entry door (keeps out insects) Step onto the inviting covered front porch and enter a main level filled with warmth and character. The open living area features a cozy gas fireplace, ceiling fans, and new luxury vinyl flooring throughout the living room, kitchen, dining room, office, and hallways. The kitchen is a chef's dream, offering 2024 stainless steel appliances, a spacious pantry, and an eat-in breakfast area. Entertain guests in the formal dining room, complete with wainscoting and timeless details. The main-level primary suite is a true retreat, featuring vaulted ceilings, a walk-in closet, ceiling fan, and a luxurious ensuite bath with a newer oversized walk-in shower and double vanity. The main level also includes a dedicated office with crown molding and a convenient laundry room. Upstairs, you'll find three generously sized bedrooms—each with plush carpet, ceiling fans, and ample closet space—along with a large bonus room perfect for a playroom, media room, or hobby space. Enjoy outdoor living on the open deck or in the screened-in porch, ideal for relaxing or entertaining. The oversized 3-car garage provides abundant storage and features an air curtain for added comfort and cleanliness.

4 bedroom
2.5 bathroom
2,850 sqft
1.17 acres
Single Family
Built in 2010
3 car garage
Air conditioning
Fireplace

Source: REALTRACS #2965650


Loan details
Loan type
Remaining balance
Remaining term
Neighborhood


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.

View all FAQs
Last updated: Nov 03, 2025 01:22 am
Listing agent: Christy Blanco Elder (865) 297-2911
Listing provided courtesy of: Keller Williams (865) 977-0770
Details provided by REALTRACS and may not match the public record.
MLS ID: #2965650
Based on information submitted to the MLS GRID as of Nov 04 2025 - 00:00. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.