1366 62nd Pl S, Saint Petersburg, FL 33705
3 beds · 2 baths · 1,381 sqft
NEW PRICE REDUCTION 12/19/24 !!! Come and claim this rare opportunity to own a charming, block contemporary home in the much sought after West Wedgewood Park Addition, one of the most desirable neighborhoods in St. Petersburg. Many updates to this move-in ready home. Drive up on the circular driveway which can accommodate 2-3 cars. The parking pad offers more parking space for family and friends events. Step into this lovely home, see the natural light streaming from the large picture window highlighting the home's new paint throughout the home. The spacious floor plan with its bright paint boasts the depth of the livingroom and other rooms. The breeze kitchen highlights its numerous tall wood cabinets and shelving where you will enjoy preparing those tasty meals through the use of all your latest appliances at hand. From the kitchen, you walk down the hallway to the up-dated bath on the left or to the two bedrooms in the back with fresh paint and NEW DOORS AND door knobs. This home hosts a split-bedroom plan for your privacy off from the Family Room where you have the pleasure of enjoying an oasis of comfort in your private bathroom with it's latest updates and trends. Now enter the Family Room from your bedroom to just unwind onyour Lanai which has beenRE-SCREENED with your comfort in mind for many evenings of relaxation. A new fence has been replaced in the backyard and around the side of the home. The garage has been re-painted as well as the sides and front of the home. There is plenty of space for storage/wood work and comes with a genie. The NEW WASHING MACHINE is housed here as well as the dryer and ample shelving. There are hurricane shutters also for inclement weather. A sturdy tool shed is also on the property where you can house your gardening tools. There is a SMART Thermostat and Lighting and the A/C was serviced 10/2/25, a NEW BREAKER BOX is being installed. Nearby are schools, parks for exercise, beaches and minutes away is downtown St. Petersburg's bright and many restaurants and sights to visit with friends or gather on holidays. Enjoy the many planned events, theaters, museums, The Pier just minutes away. Come today and make this gem yours while it lasts!!! SEE SHOWING BUTTON FOR THE ALARM CODE and remember, schedule your visit through the Showing Button.
Source: STELLAR #tb8310364
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8310364
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: #tb8310364
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.