15781 SW 16TH AVENUE RD, Ocala, FL 34473
Charming 3-Bedroom Home with Golf Course Views in Summerglen Retirement Community Location: Summerglen, FL (Near Ocala, FL) Price: $320,000 Bedrooms: 3 Bathrooms: 2 Square Footage: 2323 sq. ft. total Lot Size: 7,405 sq. ft. Garage: 2-Car Welcome to your dream home in the highly sought-after Summerglen retirement community, just a short drive from Ocala! This beautifully maintained single-family residence offers 1,713 sq. ft. of comfortable living space, perfectly positioned near the 18th hole of the Summerglen golf course. Enjoy the serenity of having no direct neighbors behind you, only picturesque views of the manicured greens. Key Features: Brand New Roof (July 2024): Peace of mind with a roof that’s just been replaced. Updated Flooring (March 2023): Freshly redone floors throughout the home. Spacious 2-Car Garage: Ample space for your vehicles and additional storage. Prime Location: Positioned near the golf course, offering stunning views and easy access for golf enthusiasts. Community Amenities: As a resident of Summerglen, you’ll have access to an array of exclusive amenities designed to enhance your active lifestyle: Residents' Club: A hub for social activities and community events. Golf Club & Restaurant: Enjoy a round of golf followed by a delicious meal at the on-site restaurant. Grand Hall: A spacious venue for gatherings, parties, and community events. Pool and Spa: Relax and unwind in the resort-style pool and spa. Fitness Center: Stay active with state-of-the-art exercise equipment. Sports Courts: Tennis, pickleball, and more for the sports enthusiast. Softball Diamond: Perfect for friendly games with neighbors. RV Storage Area: Convenient storage for your recreational vehicles. Community Garden: Grow your own vegetables and flowers alongside fellow gardening enthusiasts. Dog Park: A dedicated space for your furry friends to play and socialize. Step inside the home to find a bright and airy open-concept layout, ideal for both relaxation and entertaining. The kitchen flows seamlessly into the dining and living areas, making it perfect for gatherings with family and friends. The master suite is a peaceful retreat, featuring an en-suite bathroom and plenty of closet space. Outside, the backyard offers a private oasis with breathtaking golf course views. Whether you’re a golfer or simply appreciate a peaceful setting, this home provides the perfect backdrop for enjoying Florida’s beautiful weather. Don’t miss out on this incredible opportunity to own a piece of paradise in the Summerglen retirement community. Schedule your showing today!
You may be able to put down less than the total down payment amount of $130,528 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: #a4620734