12945 114th Ave N, Largo, FL 33774
4 beds · 3 baths · 3,124 sqft
GAME CHANGER! Entertain in this spacious 3000+ squarefoot Great-room floor plan ESTATE HOME, re-built in 1999 & situated on over ½ acre fenced lot along quiet street ending in a Cul-de-sac, across from Walsingham Equestrian Park with riding trails (horse boarding options across the street) and close to Warhawk ball field, a few minutes to award-winning Gulf beaches, shopping and dining – no evacuation zone! All newly paved circular driveway offers an abundance of parking and a palatial Portico w. front porch, ample space to park your boat or RV including a 30-amp RV power outlet. NEW 30-year SHINGLE ROOF in 2022 (new gutters with guards) & HALO Anti-virus “TEMPSTAR” A/C in 2020. Since 2022: new “Hunter” Irrigation System with well pump, new hot water heater, water softener, new electrical panel box, new downspout drain system on each side of home, new electric heater & re-piped pool pump for SALTWATER POOL. Upon entry, a huge living room with 10 foot ceilings greets you - just perfect for a large TV to watch games and movies with family, pets, and friends. It includes a cozy, electric fireplace, and all tile floors throughout the main living areas. The functional kitchen features large working spaces with Granite counters, a breakfast bar, 2 pantries, stainless steel appliances and double convection ovens. Host dinners for large parties in the adjacent open dining room! A 27x12 HEATED, CAGED pool & extended LANAI complete with mounted TV, a solar-lit wooden play gym & tree swing in the over-sized yard, and stationary basketball hoop for endless outdoor fun. The huge master bedroom with His- and Her closets offers a separate seating area & the generous master bath features double sinks, a step-in shower, relaxing Jacuzzi tub, linen closets, and a separate water closet. Everyone appreciates the large inside laundry room with functional folding area & extract-able drying rack. There is plenty of storage in the 3-Car Garage, a pull-down ladder into attic, newly epoxied garage floors and a retractable screen to keep mosquitoes out. The man of the house will love the 15x12 work shed with new electrical panel, fans & added decking on the side of house, the double gates, & paved walkways. Various exotic fruit trees (Papaya, Mango, Lemon, Persimmons, Guava & Avocado), & key-less entry are some additional features you will appreciate. Current owner's annual insurance premium: $6,961.- This one-of-a-kind block home shines with its beautiful curb appeal and will not stay on the market for long – hurry, make an appointment to see it today!
Source: STELLAR #u8250174
Source: STELLAR #u8250174
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: #u8250174