12664 Sagewood Dr, Venice, FL 34293
4 beds · 3 baths · 2,121 sqft sqft
PRICED TO SELL! $70K BELOW APPRAISED VALUE! Beautiful 4 bedroom, 2.5 bath, 2-car garage, 2-story lakefront home nestled within the vibrant gated community of Grand Palm in Venice. As you step inside, you'll be greeted by an open floor plan featuring high ceilings, neutral tones and laminate flooring, creating a seamless flow throughout the home. The heart of the home is the upgraded kitchen, featuring cherrywood cabinetry, granite counters, stainless appliances including a gas range, and a convenient breakfast bar. The adjacent formal dining room and casual dining area offer the perfect settings for both intimate gatherings and lively meals. Large pocket slider in the living room opens up to reveal water views, inviting the outdoors in and providing a serene backdrop for everyday living. The second floor offers the primary suite, complete with a walk-in closet and a private bath boasting dual sinks and a walk-in shower plus three well-appointed bedrooms, a separate full bath, and a laundry area ensure comfort and convenience for all residents. A half bath on the first level adds to the home's functionality. Step outside to the covered lanai, where you can savor the tranquility of the large private backyard with eastern exposure, perfect for enjoying your morning coffee while watching the sun rise over the lake. The property is equipped with hurricane shutters, an irrigation system, and a whole home water softener system, brand new hot water heater, while the landscaped exterior adds to the property's curb appeal. The area above the garage is carpeted and convenient for extra storage. Grand Palm offers an unparalleled lifestyle, with amenities including a resort-style pool, clubhouse, spa, open café kitchen, tiki pavilion, game room, fitness center, walking trails, dog parks, playground, basketball, tennis, bocce ball, pickleball and volleyball courts. The community also hosts numerous social activities, ensuring there's always something to enjoy. Conveniently located just 20 minutes from downtown Venice and its pristine beaches, this home also offers easy access to Wellen Park, known for its fine dining and entertainment. Great schools, golf, fishing, and boating are nearby also. Don't miss the chance to make this exceptional property your new Florida retreat.
Source: STELLAR #c7493522
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #c7493522
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: #c7493522
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.