10425 Westpark Preserve Blvd, Tampa, FL 33625
2 beds · 3 baths · 1,248 sqft sqft
New on the market! Westpark Preserve is one of the most well-kept communities in the Westchase/Citrus Park area. This property sits well above sea level and is in Flood Zone X. There was no flooding or water damage due to recent heavy rains or hurricanes (no flood insurance is required). Set about a quarter of a mile off the road, residents follow a beautiful winding road with trees and foliage set in a serene area with walking paths, a peaceful shaded pool and bar-b-q area, where residents are seen socializing while walking their dogs around the property. New roofs were installed in August 2024 for the entire community, and this unit has more upgrades than any other two-bedroom on the property, featuring a brand new York air conditioning unit installed January, 2024 and new flooring installed upstairs in July 2023 (all carpet has been removed). The gorgeous light fixtures include a waterfall light in the dining room, two chandeliers with hidden ceiling fans, and a magnificent marble spa shower with 10 jets and gold fixtures with a matching vanity and bidet toilet allowing each experience to feel like a 5-star resort! This unit has an overall remodel cost of $60,000 from 2023 in addition to the new roof and air conditioner from 2024. The Kitchen was totally remodeled in 2023, adding a counter-height granite bar, with a 2-oven Whirlpool Range, built-in microwave, porcelain sink, oversized stainless steel refrigerator, granite countertops with matching flooring and gold accents. The kitchen is large enough for a buffet table or bistro table. The outdoor patio is screened in with a view of a serene lake and magnolia tree, with an additional sitting area outside of the patio. Gated community, car wash area on property, assigned parking in front of townhome, and extra visitor parking. The feeling of community and style is prevalent with every aspect of this property, in a highly rated school system with several private charter schools within blocks of the property, 4 nearby golf courses, 10 minutes from Tampa International Airport with NO NOISE from any planes, excellent dining and shopping at nearby Westpark Village, and one of the best malls in the Tampa Bay area within 2 miles at Citrus Park Mall. This is an oasis in the middle of the city and a wonderful place to call home!
Source: STELLAR #tb8317576
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8317576
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: #tb8317576
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