455 W 38th St Chicago, IL 60609
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About this home
This is a turn key one-of-a-kind modern retreat in the heart of Bridgeport! Meticulously maintained and fully remodeled, this expansive 4-bedroom + den, 4.1-bathroom residence blends sophisticated design, luxury finishes, and an open floor plan with seamless indoor-outdoor living. The sunny living room showcases rich hardwood flooring, recessed lighting, and it is adjacent to your amazing gourmet kitchen. The custom kitchen cabinetry integrates a full-sized Thermador stainless steel Column Refrigerator and Freezer, while extensive counter space leads to an industrial-grade stove oven with range hood, pot filler, and a drawer microwave. The oversized waterfall island includes a porcelain sink, dishwasher, generous storage, and bar seating - ideal for entertaining! The adjacent dining area opens to a backyard retreat featuring an expansive deck, covered lounge area, above-ground pool, and a built-in outdoor entertainment bar with a wood-fired pizza oven and beverage fridge. Upstairs, all bedrooms feature en-suite luxury bathrooms. The primary suite offers a spacious walk-in closet and a spa-inspired bath with dual sinks, a walk-in rain shower, bidet, and elegant designer tilework. A second bedroom was expanded to include custom built-in cabinetry, a desk, and a private ensuite bath. A thoughtful second-floor reconfiguration added a full-sized laundry room. The top level is a private oasis, featuring a spacious third bedroom, a versatile den or study, and a private balcony with Chicago skyline views. The fully finished basement was redesigned for comfort and entertainment, offering a media room that opens to a custom wet bar and coffee bar with fridge and dishwasher. A fourth bedroom area includes a Murphy bed and direct access to a fourth full spa bathroom with a luxurious soaking tub - perfect for guests or an in-law arrangement. Additional highlights include hardwood and luxury tile flooring throughout, designer bathrooms, zoned heating, a full mudroom, and a detached two-car garage. Offered fully furnished at list price, including professionally selected furniture. Exceptional location with easy access to the Loop, expressways, and public transportation. A home of this caliber, blending sophistication, functionality and luxurious modern comfort, is a rare opportunity. A true 10+
Source: MRED #12340693
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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.