616 NW 39th St Oklahoma City, OK 73118
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About this home
Quintessential Crown Heights treasure, perfectly updated and filled with elegant historic detail. With ivy tracing its brick facade, peaked rooflines and a lawn edged in gardens, the home greets you with undeniable character. Inside, the entry opens to a bright living room anchored by a period mantel and pretty windows. The dining room is set apart with a deep, moody blue that creates a striking backdrop while a statement chandelier adds just the right amount of drama for gatherings. The large kitchen is filled with natural light, ample storage and luxury details including a Sub-Zero refrigerator and 48-inch Dacor range. Its layout invites both everyday use and modern updates such as an island or expanded prep space and is ideally suited for entertaining or casual meals alike. A main level bedroom with an ensuite bath dressed in vintage tile adds flexibility as a guest suite or office. Upstairs, the primary suite includes generous closet space and a private bath where original blue tile adds a pop of color and charm. A third bedroom lives like an elegant two-room suite in a rich tonal green color drench. A hall bath with more preserved vintage tile serves the level. The finished basement, +/– 468 sqft included in the overall square footage, offers a cozy secondary living area with a fireplace and powder bath. The home’s character continues throughout with hardwood floors, original woodwork and period hardware. Outdoors, a multi-level deck extends the living space with both dining and lounging areas beneath a pergola, creating a natural spot for gatherings. Mature landscaping frames the facade while the private backyard offers space for both play and retreat. Recent improvements include a new hot water heater, updated buried electrical from line to breaker box, a new main cleanout in 2024, fresh interior paint, refurbished upstairs floors & more. This character-filled Crown Heights home balances history and livability, inviting you to be part of its next chapter.
Source: MLSOK #1190422
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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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