136 DRYSDALE ST, Jacksonville, FL 32206
Immerse yourself in the rich history of the Springfield Historic District! This thoughtfully revitalized 1909 bungalow is nestled at the end of a quiet dead-end street, near the Main St. shopping district, breweries, coffee shops, restaurants and downtown! A short bike ride to the Jags stadium & Daily's Amphitheater. Also convenient to hospitals, top rated magnet schools & Florida State College at Jacksonville. Stroll along tree-lined streets and explore nearby historic landmarks, all while enjoying the convenience of modern living. As you walk up the front steps, you are sure to be charmed by the oversized front porch, and the fresh paint on this piece of history. Entering the foyer, you will notice newer (2019) durable LVP flooring, which continues throughout the living spaces and bathrooms. At the front of the home, you will find the smallest of the 3 bedrooms off the living room, perfect for a home office. Next, you will see the oversized laundry room with ample storage space! Washer and dryer to convey with the home. Moving toward the back of the home, you will pass the first bathroom, featuring a tub/shower combo. Heading into the hallway, you have the 2nd bedroom and master suite tucked away from the living space. In the master, you have large windows and a private bathroom with a walk-in shower. Facing the rear of the home, the newly remodeled kitchen features quartz countertops and all stainless-steel appliances (2019), all of which convey with the home. Out the back door, you will be pleased to see the newly added landscape gravel lining the property, ensuring low yard maintenance. Also newly added, is the private paver patio, perfect for entertaining and cookouts. All patio furniture, grill, firepit and storage shed are included in the sale of the home. A bonus, you only have a neighbor on one side, and on the other side, the open field of Springfield Middle School allows for incredible natural light to enter the home and patio. Roof replaced in 2019, brand new water heater (2024) under warranty, transferable termite bond. Smart home doorbell/camera to convey with the home. Don't miss this opportunity to own a well maintained and loved piece of Jacksonville's history! Schedule your private showing today.
You may be able to put down less than the total down payment amount of $91,746 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #2041662
Data provided is deemed reliable but is not guaranteed. The data relating to real estate for sale on this website comes in part from the Northeast Florida Multiple Listing Service, Inc. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2024 Northeast Florida Multiple Listing Service, Inc. All Rights Reserved.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.