73 Village Grove Rd Fredericksburg, VA 22406
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About this home
Welcome to 73 Village Grove Rd — a beautifully updated home where modern design meets timeless comfort. Every detail on all three levels has been thoughtfully curated for quality, warmth, and function. Main Level: Step inside to white-oak flooring, fresh paint, and designer lighting throughout. The heart of the home is a stunning custom kitchen featuring handcrafted cabinets, quartz countertops, and a 7-foot antique barn-wood island. A gas range with a custom-plastered vent hood and white-oak open shelving completes the space. The dining area’s gas fireplace creates an inviting atmosphere—perfect for holiday gatherings and cozy dinners. The main-level half bath is a true showpiece, featuring a custom maple vanity and shiplap walls. Upper Level: Upstairs, you’ll find four spacious bedrooms with brand-new carpet and plenty of natural light, including a serene primary suite and beautifully refreshed bathrooms. Lower Level: The fully finished walk-out basement offers two additional bedrooms and a large multipurpose room—ideal for a playroom, home office, homeschool or craft area, or even a second living space. With its own private entry, the lower level can also serve as an in-law suite or guest retreat. Home Features: ● Roof, HVAC, and hot-water heater replaced in 2018 ● Brand-new 2024 gas stove, refrigerator, and dishwasher ● 2.5-car garage with pull-down ladder and overhead storage ● Custom mudroom entry with built-in bench and storage ● Peaceful, private lot surrounded by mature trees in an established neighborhood Neighborhood Amenities: Enjoy one of Fredericksburg’s most desirable communities—complete with a neighborhood pool, splash pad, basketball and tennis courts, parks, open fields, walking trails, and dog runs. Conveniently located just off Route 17 (Exit 133), you’re minutes from shopping, dining, and Fredericksburg’s Central Park and historic downtown—while still tucked away in your own private retreat. Whether you commute to DC or Richmond or work locally, this home offers the perfect balance of luxury, comfort, and convenience. Modern comfort, classic charm, and a layout built for life—welcome home to Village Grove.
Source: BRIGHT #VAST2040270
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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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