100 LAUREL OAK PASS, Davenport, FL 33837
High Vista's favorite floor plan, this Corner Lot RidgeDale 2/2/Den with preferred Bay Window Elevation has Wood & Tile Floors, Custom Vinyl Interior Plantation Shutters, newer Stainless-Steel Kitchen appliances, newer HVAC and a 300+ SqFT Screened Lanai, located 0.3 miles from the High Vista private clubhouse and amenity center. Expanded brick paver drive and walkway to an under-roof front entry with leaded-glass front door & sidelight, full-view storm door with built-in retractable screen and overhead domed transom window. Central living area has 12FT ceiling and a wall of patio doors to the west-facing screened lanai. Double door access to den from great room. Eat-in kitchen has vaulted ceiling, crown molded cabinets with copper hardware, oversized synthetic stone double sink with goose-neck spray faucet, tile backsplash, solid surface breakfast bar, counter tops and built in desk. Primary en suite bedroom has cathedral ceiling, 6x6 walk-in closet, updated lighting over double sink vanity with brushed nickel faucets, linen closet, soaking tub and separate shower. Guest bedroom has nearby full bath and linen closet. Shiplap accent wall in great room alcove and color-coordinated switch plates. Updated ceiling fans, light fixtures, faucets, smoke detectors and toilets. Corridor access laundry room has deep stainless-steel utility sink with corner mounted spray faucet, washer, dryer and storage closet. Bull nose corners, chair rail in dining room, bevel-edged laminate counter tops in both baths, daylight privacy film on window interiors. Irrigation controller replaced 2024. Interior painted 2021. HVAC with WiFi thermostat installed 1/2021 by prior owner. Roof replaced 2016. 2-car garage has 2FT extension, 4 stand-alone storage cabinets, pull down ladder access to attic where window screens are stored. Custom cement landscape curbing. RESERVED: chest freezer in kitchen. Sold As-Is. Ridgewood Lakes is a golf cart friendly community. $220 monthly High Vista HOA fee includes Spectrum internet and basic cable TV with 2 cable boxes, lawn mowing and exclusive access to resident-owned 12,000 SF private clubhouse and amenities. $435 semi-annual Ridgewood Lakes HOA fee provides 24x7 staffed security gate and master association-owned private road maintenance. Adjacent to 18-hole White Heron Golf Club with restaurant, privately owned and open to the public. High Vista is a 55+ community with outdoor heated pool and spa, fitness center, library, pub & many organized activities. Pickle ball, tennis, bocce and shuffleboard courts. Miles of biking and walking trails within Ridgewood Lakes gated community. Shopping, Disney, Universal, Orlando & Central FL entertainment nearby, easy access to I-4, medical facilities, airports & Sunrail Station. Advent Health hospital is 3 miles away.
You may be able to put down less than the total down payment amount of $30,339 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
What is Roam?
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.
What is an assumable mortgage?
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.
Why is an assumable mortgage valuable?
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #s5102728
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.