1220 Poplar Ave, Venice, FL 34285
3 beds · 2 baths · 1,947 sqft sqft
Welcome to your dream home! This charming residence is not just a house; it’s a lifestyle waiting to be embraced. Just minutes from downtown Venice, you’ll find shopping, restaurants, and even biking trails leading to the beach. Nestled on a beautifully landscaped 12,000 square foot corner lot in a desirable X Flood zone, this home features 3 spacious bedrooms and 2 modern bathrooms, perfect for families or anyone seeking room to breathe and a walkable neighborhood. Enjoy your private oasis surrounded by mature trees and well-maintained shrubs, providing both beauty and tranquility. The fenced yard is a pet lover's paradise, offering ample space for outdoor living and fun. With a double door opening for RV or boat parking, your adventures are just a moment away. Entertain guests in style with a double-width driveway, a 2-car garage, and a convenient inside laundry room complete with storage and a utility sink. Step inside to an inviting open floor plan, where the living, dining, and updated kitchen seamlessly flow together. The kitchen is a chef's delight, featuring stainless-steel Samsung appliances, plenty of counter space, and an oversized pantry for effortless organization. Enjoy modern comfort with no carpet—just updated large square ceramic tile and luxury vinyl plank flooring throughout. A metal roof, designed to look like thick shingles, promises durability and longevity. The windows have been updated, ensuring both energy efficiency and style. Ample storage can be found in the bedrooms and bathroom closets, making organization a breeze. The back screened lanai, which is currently being rebuilt, will provide the perfect spot to enjoy your morning coffee in a serene environment. Plus, you’ll love the convenient location directly across from a park, offering easy access to green spaces and recreational activities. This unique opportunity to own a beautiful home in a picturesque setting won't last long— It’s a rare opportunity with incredible savings, thanks to an assumable loan at just 3.6%! Schedule your showing today and start the next chapter of your life!
Source: STELLAR #n6134182
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #n6134182
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: #n6134182
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.