1590 Twelve Oaks Cir, Kissimmee, FL 34744
4 beds · 3 baths · 2,534 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Rare Midcentury Modern GEM. A TRUE MUST SEE! This sprawling estate offers 4 bedroom, 3 full bathrooms with 2 car garage and over 2500 heated sqft on an expansive 1.11 ACRE lot. All the benefits of a spacious estate lot nestled on a quiet, tree lined street located only about 5 minutes to the Florida Turnpike and HWY 192. Situated conveniently between downtown Kissimmee and downtown Saint Cloud providing many options for shopping, medical & more. Walking distance to Neptune Middle School. Prepare to fall in love with this one of a kind home where Classic Midcentury Modern design meets modern amenities and a timeless floor plan. This home will inspire your creative side & check all of the boxes for your wants and needs. Step inside the impressive solid wood, double door entry to discover four true bedrooms, large kitchen, bonus room, large dining room and oversized living room with show stopping MCM period fireplace, floor to ceiling windows and soaring wood beam ceiling. The split bedroom plan and three full bathrooms allows an opportunity for multiple ensuite bedrooms. Many recent enhancements have been made for your benefit: new roof, new a/c, 2 new water heaters, many new bathroom fixtures, fresh interior paint and lighting, upgraded and enhanced water filtration system and more. Inside, the timeless architectural character is beautifully preserved while the home maintains a neutral, airy aesthetic that can suit any style. Back outside, you can appreciate the many features of this oasis property including: a large back patio perfect for entertaining, two septic systems, two wells, a large garage with laundry sink and an attached mudroom, huge drive way & additional circular drive leading to the front door, a nice mix of mature trees & open lawn spaces, a dedicated out building for the water system, and even a quaint potter's shed for the avid gardener. As a bonus for the residents' enjoyment, the small HOA on this lovely street of approx 16 homes owns a waterfront lot and dock overlooking Fish Lake — ideal for fishing, relaxing, or simply soaking in the serene lake views. Grab a drink and your fishing pole and enjoy Lake Life! This Midcentury Modern dreamboat is rare, stylish, and full of potential — whether you want to move in and enjoy as-is or take it to the next level. Opportunities like this are few and far between in Osceola County, so schedule your showing today! Check out the virtual tour linked to this listing.
Source: STELLAR #S5121600
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #S5121600
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
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 “Save search” 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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.