515 N Buchanan St Crescent, OK 73028
Your savings
About this home
Welcome to 515 N Buchanan St—an inviting 3-bedroom, 2-bath home in Crescent that blends small-town charm with thoughtful updates. The curb appeal shines with freshly re-stained cedar siding and a covered front porch with rustic character, the perfect spot to relax and wave to neighbors. Inside, the spacious living room is anchored by knotty pine hardwood floors that bring warmth and timeless charm, complemented by fresh paint, new carpet in the bedrooms, and durable LVP in the hallway. The kitchen connects seamlessly to the living area—distinct spaces without dividing walls—while a dramatic skylight fills the heart of the home with natural light. The primary suite is a true retreat, featuring a large walk-in closet, French doors that open to the backyard, and an ensuite bathroom with a generous vanity, abundant storage, a walk-in shower with tile surround, and an overhead rainfall showerhead. Step outside to a private backyard oasis shaded by mature trees. Here you’ll find a refinished cedar workshop and a one-of-a-kind pond water feature—perfect for evenings on the patio or weekend gatherings. Recent improvements include a new roof (2021), freshly re-stained cedar siding, and double-glazed windows. With its inviting layout, character details, and versatile design, this home is move-in ready for its next chapter. Located just 15 minutes from Guthrie and 30–35 minutes from Edmond or OKC, you’ll enjoy the best of both worlds—peaceful small-town living with easy access to the city. Cedar Valley Golf Course is also just down the road. Whether you’re a first-time buyer, downsizing, or simply looking for a home with character and a great backyard, 515 N Buchanan delivers.
Source: MLSOK #1191860
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.