1521 21st Ave N, Saint Petersburg, FL 33704
2 beds · 1 baths · 928 sqft sqft
NEW PRICE! Enjoy the charm of yesteryear updated with modern amenities! Arched doorways and coved ceilings in living room and dining area. This 2 bed/1ba w/ den or home office...you choose! 1 car garage (w/ washer and dryer hookups) located in the sought after brick streets neighborhood of Euclid St. Paul. Updated kitchen features newer Bosch appliances, including a Natural gas stove, built-in microwave, solid surface countertops, updated cabinetry. Note excellent use of corner cabinet lazy Susans - 2 of them -base cabinets...extra space for all your cooking items.....French doors open from the kitchen to a pavered patio beneath a shady, vine-covered pergola for that morning cup of coffee, evening refreshments or dining al fresco. Creative and unique ceiling light fixtures add an artistic touch. Plantation shutters, and cloth blinds enhance the updated and energy efficient windows. Attractive and resilient wood-look laminate flooring. Lighted closets are a nice touch. The fully fenced back yard and professional landscaping add privacy to the list of desirable traits. Access to the back yard is from the alley via double gates. There is an electric garage door opener for entrance into the garage and parking pad just outside the garage for extra parking. Located a short distance to St. Paul’s School, minutes from I-275, and a short bike ride to vibrant downtown St. Pete, the Pier, and all the festivals and happenings. There is an active neighborhood association that encourages community involvement. Attic insulation had been updated to R38.
Source: STELLAR #tb8302864
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8302864
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: #tb8302864
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.