128 35th Ave N, Saint Petersburg, FL 33704
2 beds · 2 baths · 1,344 sqft
LOCATION, LOCATION LOCATION! This charming two-story carriage house with a CARPORT is located in a NON-FLOOD ZONE. It has never flooded or been damaged by storms! It is a short 10 minutes from DOWNTOWN ST. PETE. Set toward the back of the property, it offers plenty of PRIVACY and a spacious fenced in yard with endless possibilities—BUILD AN ADU, add a POOL or make your LANDSCAPING dreams come to life. The private balcony off of the master suite is going to be great for enjoying cozy evenings under the stars or sipping your first cup of coffee in the morning. Inside, you’ll find a 2 BEDROOM, 1.5 BATH home with a generously sized MASTER SUITE featuring a stunning brick fireplace, a barn door leading to an ensuite bathroom, and a BONUS ROOM that can be used as a WALK-IN CLOSET, OFFICE SPACE or ZEN ROOM. Originally built for snowbirds in the 1920's, this timeless St. Pete property has been slightly ELEVATED with new sod and updated throughout. The roof (2014) is in excellent condition following a pre-inspection before listing. The HVAC (2017) has freshly cleaned coils and newer ductwork, and the water heater (2018) is only six years old. Both the interior and exterior have been refreshed with NEW PAINT and STAIN. By the way, it has ORIGINAL HARD WOOD FLOORS. Nestled beside vibrant 4th Street North, the property is STEPS AWAY from COFFEE SHOPS and the Northeast Shopping Plaza, home to Crunch Fitness and Publix. Stop by to experience this unique St. Pete property today!
Source: STELLAR #tb8312251
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8312251
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: #tb8312251
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.