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16113 Rambling Rd, Odessa, FL 33556

4 beds · 3 baths · 2,185 sqft

Welcome to 16113 Rambling Road Odessa Florida in Pasco County. This home gualifies for USDA lending. No Money down. also assumable motgage, Check with your Lender. This stunning 4-bedroom, 3-bathroom, 2-car garage home is nestled in the gated community of Ivy Lake Estates. It has a serene setting with partial water view. This newly 2024 roofed beauty boasts a perfect blend of elegance and functionality, offering an ideal layout for modern living. As you step inside, you're greeted by a spacious formal living and dining area, ideal for hosting gatherings and creating lasting memories with loved ones. The heart of the home lies in the welcoming eat-in kitchen. Adorned with exotic granite countertops and backsplash, stainless steel appliances, and a convenient breakfast bar, this kitchen is as stylish as it is practical. Adjacent to the kitchen is the cozy family room, providing a comfortable space to relax and unwind after a long day. The split floorplan ensures privacy, with the master suite tucked away on one side of the home, featuring a luxurious ensuite bathroom with double vanity, a garden tub with seperate shower and ample closet space. The remaining bedrooms are generously sized and share access to well-appointed bathrooms. One of the bathrooms conveniently doubles as a pool bath, making it perfect for outdoor entertainment. Speaking of outdoor living, there's plenty of room for a pool on this prime lot, which overlooks a tranquil conservation area. Enjoy the peace and serenity of this dead-end street and no rear neighbors, where nature meets suburban comfort. This home is not only aesthetically pleasing but also practical, with new paint and situated in a natural gas area with excellent infrastructure. Located in a desirable school district, residents also have access to nearby daycare facilities and private academies, ensuring top-notch education for young ones. Convenience is key, with an abundance of great restaurants, shopping options, and recreational activities nearby. For travelers, the proximity to the Suncoast/589, Tampa airport, and cruise ports makes commuting a breeze. Whether you're seeking a peaceful retreat or a vibrant hub for entertainment, 16113 Rambling Road offers the best of both worlds. Welcome home and enjoy your visit.

Roam helps you take over the seller’s lower interest rate 1
We help you assume the seller's mortgage and avoid higher prevailing market rates.

45-day closing guarantee 2
We work directly with the mortgage servicer to help you quickly and easily close the transaction.
Location
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Details
Home
Size
2,185 sqft
Price per sq ft
$251
Lot size
0.18 acres
Year built
2004
Type
Single Family Residence
HOA dues
$125.22

Source: STELLAR #w7864642

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?

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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?

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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?

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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?

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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?

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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.

View all FAQs
Last updated: Sep 24, 2024 08:10 am
Listing agent: Diane s Hawk-Jump (727) 808-1697
Listing provided courtesy of: RE/MAX CHAMPIONS (727) 807-7887
Details provided by STELLAR and may not match the public record.
MLS ID: #w7864642
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.
Disclaimers
1 Roam connects buyers and sellers to homes with assumable mortgages via a concierge service. Roam does not offer or engage in mortgage lending activity.
2 30 day guarantee is subject to credit approval by your loan servicer.
3 The assumable interest rate shown for this assumable mortgage is an estimate using the average of interest rates in this home's area at the time of the last sale. The actual assumable interest rate may differ. Estimated payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Roam connects buyers and sellers to home with assumable mortgages via a concierge service. Roam does not offer mortgage loans, extend credit, make credit determinations, or otherwise engage in mortgage lending or brokering activities. The lender makes all credit and qualification decisions with buyers. Any determination to extend credit to a buyer is a decision by the lender, and not by Roam.
4 The lender makes all credit and qualification decisions with buyers. Any choice to extend credit to a buyer is a decision by the lender, and not by Roam.