15390 ANCEL CIR, Port Charlotte, FL 33981
This Waterfront 4 Bedroom Retreat in South Gulf Cove with GULF ACCESS and OVERSIZED GARAGE (25x22) is an idyllic haven for those seeking the perfect blend of coastal charm and vibrant community living (no HOA required). Large entry doors open to a grand foyer revealing a spacious layout looking out to a beautiful waterfront lanai. Sliding glass doors open on both sides of the refinished pool allowing that indoor/outdoor Florida dream, all while soaking in those waterfront views. For those who enjoy a touch of angling, the brackish water surrounding your dock offers the unique experience of catching both saltwater and freshwater fish. Alternatively, embark on your boat situated on the 10k lb newly covered boatlift for a captivating sunset cruise along the waterways as well as quick access to the Charlotte Harbor or onto the Intracoastal Waterway and Gulf of Mexico! Inside, the home exudes sophistication with decorative niches, stately columns, and a gourmet kitchen featuring solid wood maple cabinets, granite counters, a double oven, and a charming breakfast nook with an aquarium window. The kitchen seamlessly connects to the spacious Great Room, adorned with tray ceilings and plenty of natural light. Open the sliders to create an ideal space for both casual and formal entertaining. The master suite is a sanctuary of comfort and style featuring direct pool access, his and her closet, and a master bath with double sinks, garden tub, and a walk-through Roman shower. The guest rooms are generously proportioned and complemented by two well-appointed guest baths. Practicality meets luxury with a large laundry room conveniently situated between the spacious 2 1/2 car garage and the kitchen, complete with a deep sink, counter space, and extra storage. Outdoors you'll feel true paradise offering panoramic views of intersecting canals and stunning royal palms from your oversized lot. Entertain in style with ample seating around your heated, saltwater pool, all framed by mature landscaping and fruit trees thriving with irrigation. Recent updates include new roof 2023, new A/C 2020, refinished pool and pool deck, new saltwater chlorinator, fresh paint, new lanai screens and boat lift canopy. This property is a rare gem and to truly appreciate its grandeur, we invite you to schedule a private viewing. Your own piece of paradise awaits!
You may be able to put down less than the total down payment amount of $423,091 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: #d6133512