138 Anclote Way, Saint Augustine, FL 32092
4 beds · 3 baths · 2,678 sqft
Welcome to this beautifully appointed 4-bedroom, 3-bathroom home located in the highly sought-after Shearwater Community, where luxury meets convenience. This thoughtfully designed home features a spacious open floor plan with abundant natural light streaming through large windows, creating a bright and welcoming atmosphere throughout. A paver driveway and 3-car garage provide ample parking and storage space. The kitchen is a chef's dream, equipped with stainless steel appliances, a convenient pot filler, a walk-in pantry, and a charming breakfast nook perfect for enjoying shared meals. Surround sound has been integrated throughout the home, including the livingroom and both the front and back yards, ensuring an immersive audio experience for entertainment or relaxation. The expansive Owner's suite offers a serene retreat with an upgraded bathroom featuring a dual vanity, a relaxing jet tub, and a walk-in shower with both rainfall and traditional shower heads. One of the two walk-in closets has been beautifully updated for added functionality and storage. Step outside to the expansive, screened lanai, complete with a retractable barrier for added comfort and privacy. The fully fenced backyard is an entertainer's dream, featuring custom pavers, a cozy fire pit, and built-in seating areas perfect for gatherings. With ample space for outdoor activities, this area is ideal for both relaxation and entertaining. In addition to the home's stunning features, Shearwater Community offers a wealth of amenities that add both convenience and enjoyment to daily life. Residents have access to three resort-style pools, including a lazy river and water slide, 15 scenic hiking trails, tennis courts, and a large, well-equipped gym. The community also includes two on-site schools (one K-8), several dog parks, and is designed to provide a lifestyle full of recreation and relaxation. With its unbeatable location and incredible amenities, this home offers the perfect blend of comfort, luxury, and community living. Don't miss the opportunity to make this stunning home yours!
Source: REALMLS #2060219
Interest rate and monthly payment estimated based on public records.
Source: REALMLS #2060219
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: #2060219
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