16349 Spring Valley Rd, Dade City, FL 33523
3 beds · 2 baths · 2,558 sqft sqft
One or more photo(s) has been virtually staged. Perfectly situated on 2.87 acres in the rolling hills of Dade City’s Blanton area, this 3 bedroom, 2 bath + 2 bonus rooms pool home offers an expansive open floor plan living space and an outdoor setting that embodies comfortable rural living. Arrive at a serene property with a long, welcoming driveway shaded by trees that opens to the large parking pad and the detached 2- car garage. Step inside through the covered front porch to a gorgeous living room featuring vaulted ceilings, wood flooring, wood beam accents, a stone-faced wood-burning fireplace with a live edge wooden mantle, and open sightlines to the chef’s kitchen and to the pool through triple sliding doors. The kitchen has been beautifully updated to include two-toned cabinetry, stone countertops, a central island with storage and a butcher block top, a closet pantry, an eat-in dinette, updated lighting, and more! Serve your guests with ease in the formal dining room located right off the kitchen. Privately split from the secondary bedrooms, the primary suite is a quiet retreat that provides access to the pool deck through French doors, a massive walk-in closet, and a luxuriously updated ensuite bathroom with a soaking tub, dual sinks, updated lighting, and a custom walk-in shower with a glass enclosure. Bedrooms 2 and 3 are generously sized and share the home’s second fully updated bathroom in between. TWO Bonus Rooms offer a ton of flexibility as either 4th and 5th bedrooms (with no closets), an office, media room, playroom, etc. - the possibilities are endless! Enjoy your own slice of Florida Paradise from the lanai and pool deck overlooking the lush backyard. This property has a metal roof, a 2015 AC, and a fenced back pasture with an agricultural stall, a feeding pen, and a treehouse! Do not miss this amazing opportunity in an ideal location, just minutes from the highway and a short drive into downtown Dade City. Call us today for your private tour!
Source: STELLAR #t3546135
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #t3546135
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.
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: #t3546135