109 TURTLE RUN, Umatilla, FL 32784
Looking for a quaint, cozy, peaceful and beautiful "village" neighborhood to call home? This home should be on the top of your list! With 14 Key West themed homes and a beautiful view of Lake Enola, you are going to fall in love with your village. This home is equally appealing for it offers space, comfort, affordability, convenience and luxury. Pulling up to the curb, you notice high curb appeal with a beautiful design, lively colors, Key West style architecture with high roofs and large front porches. Stepping inside, you are greeted with a foyer, living room and dining room offering decorative posts, high volume ceilings with crown molding, beautiful luxury vinyl plank flooring, energy efficient windows for natural light, tall baseboards and spacious rooms. The living and dining rooms offer plenty of space to relax and entertain. The main rooms are open to the large remodeled kitchen which features luxury appliances, two sinks, designer faucets, 40” upper cabinets topped with crown molding, granite counter tops, recessed lighting and a breakfast nook. The farmhouse sink provides accessibility without sacrificing beauty, quality or function. The appliances include a chef's Café French-door built-in convection oven, Samsung induction cook-top range, Samsung venting hood, Samsung stainless steel dishwasher and a Samsung smart refrigerator. You are going to fall in love with this kitchen! The comfortable owner’s suite offers privacy, a walk-in closet and an en-suite bathroom which has dual sinks and a large garden tub/shower. The two spacious secondary bedrooms are across the home and share a hall bath. The third bedroom could easily be your perfect den or home office. The home has a front porch and a rear, screened lanai giving you year round outdoor enjoyment. The attached, 2-car garage is in the rear and offers a large driveway for extra parking. The home has many ADA accessibility features giving you comfort and convenient use. The home's recent updates include a new chef's kitchen with a $20,000 appliance package, a long-life metal roof installed in 2018, new energy efficient windows in 2023 and a new hot water heater in 2023. Being a Key West themed neighborhood, each home has an inviting front porch intended to bring the neighbors together. In the cul-de-sac you will find a memorial to our veterans and POWs. Guest parking is plentiful with a paved lot. The HOA has a dock on Lake Enola offering you great views with peace and quiet. The affordable monthly HOA fee includes water and lawn service. The HOA works hard to keep the monthly fee low! Downtown Umatilla is a moment away while downtown Eustis is approximately 5 miles away. The area is known for easy living and offers scenic lakes, historic small towns like Mt. Dora, Tavares, Eustis, plenty of entertainment, great shopping and dining along with quality healthcare. This is a 55+ neighborhood that offers up to 20% of the occupants to be less than 55. Call today for more details and to schedule your private tour!
You may be able to put down less than the total down payment amount of $114,538 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: #t3506487