13 Elder Dr, Palm Coast, FL 32164
3 beds · 3 baths · 2,012 sqft
Welcome to 13 Elder Drive, Palm Coast – A Modern Masterpiece in the Heart of Cypress Knoll! Built in 2021, this contemporary gem combines luxury, style, and cutting-edge features throughout. With 3 bedrooms, 3 bathrooms, Brand-New Heated POOL, and an open-concept design, this home is ideal for entertaining and modern living. The chef’s kitchen boasts high-end stainless steel appliances, an induction range, drawer microwave, wood cabinetry, upgraded backsplash, and a granite center island. The pantry features wood shelving with an additional granite shelf, perfect for storage. The spacious family room showcases a stunning double tray ceiling, while the primary bedroom has a classic tray ceiling. Porcelain tile runs throughout the home, creating a seamless flow. Laundry room is equipped with upper and lower cabinets for all your storage needs, oversized sink and granite countertop. Step outside to the extended 40'x10' lanai, where a brand new heated saltwater pool with a waterfall and a fun bubbler/geyser feature awaits. The lanai and pool deck are finished with travertine pavers, and plumbing is in place for a future summer kitchen. Ceiling fans add comfort in the lanai area. Enjoy expansive views of the Cypress Knoll Golf Course from this private oasis, complete with a dedicated pool bathroom for added convenience. Premium features include motorized blinds in the living room and primary bedroom, ceiling fans in all bedrooms, LED mirrors in bathrooms, touchless toilets, and upgraded bathroom faucets. The entire home, including the garage, is insulated with energy-efficient spray foam. The garage is equipped with epoxy flooring, pull-down stairs, and a conduit-wired electric car hookup. There is also a separate transfer switch for a generator, an upgraded 300-Amp electrical system, and the garage door can be operated via a smartphone app. Additional highlights include double glass front doors, plantation shutters throughout the home — even in the garage, and a partially fenced yard with a gate and sides, leaving the back open to the beautiful golf course. The property also comes with a transferable builder warranty and a termite bond. The Pentair pool equipment, which can be operated through a mobile app, adds to the ease of maintaining your beautiful pool. Nestled on a quiet street in the sought-after E-section of Palm Coast, this home is minutes from shopping, top-rated schools, hospitals, restaurants, and the new BJ's Wholesale Club. This is more than just a home—it’s a luxurious, modern retreat with every upgrade imaginable. Don’t miss the opportunity to own this exceptional property with stunning golf course views!
Source: STELLAR #fc304368
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #fc304368
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: #fc304368
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.