503 Townsend Ave Greer, SC 29651
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About this home
Discover Your Dream Home at 503 Townsend Avenue — Style, Comfort, and Community Await - Welcome to 503 Townsend Avenue, a beautifully appointed 3-bedroom, 2.5-bathroom home ideally located in the heart of the highly sought-after O’Neal Village in Greer, SC. This is more than just a home — it’s your gateway to a vibrant lifestyle in one of the Upstate’s most desirable communities. Exceptional Curb Appeal - From the first glance, you’ll be captivated by the home’s charming front balcony, meticulously maintained landscaping, and timeless architectural details. Every element of this home is designed to make a lasting impression. Bright, Open Living Spaces - Step inside and enjoy a thoughtfully designed open-concept floor plan that effortlessly connects the living room, dining area, and kitchen. Flooded with natural light and offering a warm, welcoming atmosphere, this space is ideal for both everyday living and entertaining. Gourmet Kitchen for Entertaining - The heart of the home is the modern kitchen, featuring stainless steel appliances, quartz-style countertops, custom cabinetry, and a center island perfect for casual meals or hosting guests. Whether you’re preparing a simple dinner or entertaining a crowd, this kitchen is built to impress. Private Main-Floor Primary Suite - The main-floor primary suite offers comfort and convenience with a spacious bedroom, spa-inspired ensuite bathroom, and a walk-in closet. It’s a true retreat designed for relaxation and privacy. Flexible Living Options Upstairs - Upstairs, you’ll find a versatile loft area — ideal for a home office, playroom, or media room — along with two additional bedrooms and a full bathroom, providing ample space for family, guests, or hobbies. Serene Outdoor Living - Step outside to a backyard that backs up to lush green space, offering peaceful views and no rear neighbors. Whether you’re enjoying quiet mornings with coffee or hosting outdoor gatherings, this backyard is the perfect setting. Added Value with Assumable Mortgage Potential - This home also offers a rare assumable mortgage opportunity, which may translate into significant savings. Don’t miss out on this unique financial advantage. A Community You’ll Love - O’Neal Village is known for its walkable streets, picturesque homes, and outstanding community amenities including parks, walking trails, a pool, and more. Located just minutes from downtown Greer, top-rated schools, and all the Upstate’s best offerings, this location truly has it all. 503 Townsend Avenue offers a unique opportunity to upgrade your lifestyle in a home that combines thoughtful design, modern finishes, and community charm. Don’t wait — schedule your private tour today and experience firsthand everything this beautiful home has to offer.
Source: GREENVILLESC #1563725
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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.