103 W Elm St, Tampa, FL 33604
2 beds · 2 baths · 1,025 sqft
Welcome home to this stunning 1930’s bungalow located in Historic Seminole Heights. This inviting 2 bedroom, 2 full bath home offers timeless curb appeal and comes complete with everything you adore about this era, showcasing classic craftsmanship with top-of-the-line upgrades throughout. The spacious interior boasts high ceilings, Plantation shutters, engineered hardwood in the living areas and unique tile in bathrooms. The gourmet kitchen will inspire your inner chef and is equipped with a JennAir GAS range, stainless steel appliances, a butcher block breakfast bar, dual color 42" cabinetry with glass doors, granite counter tops and brushed gold hardware. Indoor laundry/utility room following the kitchen with its own access point to the driveway/backyard. The master bedroom has an en-suite bathroom with dual vanities, granite counter tops and a walk-in shower. The guest bathroom will delight you with designer finishes including the original, refinished claw foot tub, wainscoting, Quartz counter top and tropical wallpaper. Ample storage in the DETACHED 1-CAR GARAGE or workshop and an extended side driveway providing a generous amount of parking space for you and guests. Host gatherings or take some time for you in your relaxing outdoor space, which includes mature landscaping, a warm fire pit, and a privacy fence for added seclusion. A perfect blend of historic character and contemporary comfort, this home offers a cozy atmosphere with plenty of natural light. Plumbing/electrical was also updated and there is a gas tankless water heater. Located just off of Florida Ave, you have the convenience and walkability to restaurants, parks, shops etc and can even ride your bike over to Armature Works and the Riverwalk! Minutes from I-275, Lowry Park Zoo and Downtown Tampa. Contact the listing agent today for a tour!
Source: STELLAR #tb8330118
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8330118
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
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.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
MLS ID: #tb8330118
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.