12010 Philosophy Way, Orlando, FL 32832
5 beds · 3 baths · 2,638 sqft sqft
Welcome to Your Dream Home in Storey Park! Nestled in the highly desirable Lake Nona community, this stunning 5-bedroom, 3-bathroom home offers the perfect blend of luxury, comfort, and convenience. Located just across from the community dog park, this residence features energy-efficient solar panels, ensuring low energy bills while you enjoy resort-style amenities and access to A-rated schools. As you approach, you'll be greeted by a charming front porch. A stylish paver driveway, leading to a spacious 2-car garage can be found in the back of the home. Step inside to experience tile flooring throughout the main living areas, enhanced by elegant crown molding and an abundance of natural light from large windows and a sliding glass door. The heart of the home is the beautifully upgraded kitchen, designed for the family chef. With 42” shaker-style cabinetry, quartz countertops, a glass tile backsplash, and GE Slate Appliances, this kitchen is both functional and stylish. The large island with breakfast bar seating opens seamlessly to the dining area, making it ideal for entertaining friends and family. This energy-efficient home boasts features such as a hybrid water heater, double-pane low-E vinyl windows, and a 15 SEER HVAC system. Additional upgrades include a whole home water filtration system, reverse osmosis in the kitchen, pull-out drawers, a screened patio, and modern finishes throughout. The laundry room is conveniently located on the first floor. Washer and dryer are included with the home. The thoughtfully designed split bedroom floor plan includes a main floor bedroom and full bath, along with a spacious primary suite on the second floor featuring luxury vinyl plank flooring, a tray ceiling, a walk-in closet, and a private en-suite bath with a garden tub. The remaining bedrooms and loft also offer LVP flooring and convenient access to a third full bath. For those who work from home or need a formal space, there’s a dedicated home office with elegant French doors. Storey Park is known for its vibrant community lifestyle, offering a variety of amenities such as a resort-style pool, two splash pads, a clubhouse, restaurant, playground, tennis courts, picnic areas, fitness center, sports fields, walking trails, dog park, campground, and numerous parks—all while including internet and cable! Zoned for top-rated schools and conveniently located with easy access to highways, Lake Nona Medical City, Moss Park, and Orlando International Airport, this home truly has it all. Don’t miss out on the opportunity to call this place home.
Source: STELLAR #o6249934
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6249934
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.
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: #o6249934