1721 Old Daytona Rd, Deland, FL 32724
4 beds · 2 baths · 1,940 sqft
Spacious 4-Bedroom, 2-Bath Home on Nearly Half an Acre with Extensive Workspaces This 4-bedroom, 2-bathroom home, situated on just under half an acre, offers a perfect blend of spacious living and functionality. The property is fully fenced for privacy and features multiple outbuildings designed for a variety of uses, whether you're looking for extra storage, workspace, or room to pursue hobbies. Inside, the home includes an additional flex room that can be easily adapted as a home office, playroom, or even a fifth bedroom for guests. The large Florida room (24x10) with its distinctive Chattahoochee stone floor adds a touch of charm, providing a bright and inviting space to unwind or entertain. The property’s workshop area is a standout feature. It includes a 20x30 metal pole barn on a concrete slab with a separate sub-electrical panel, providing dedicated power for all your work and project needs. A car lift is negotiable, making it an ideal setup for car enthusiasts or anyone in need of a professional-grade workspace. Additionally, the property features a 20x20 storage shop on a concrete slab and a 20x10 metal storage container—perfect for organizing tools, equipment, or seasonal items. Other updates to the home include a newer roof, a recently installed tankless hot water heater, and a water filtration system that ensures pure, clean water throughout the home. The spacious laundry room offers plenty of work space for laundry and other household tasks. For added peace of mind, the home is equipped with a newer electrical panel and a transferable termite bond, making it both a secure and low-maintenance investment. Conveniently located just minutes from a nearby nature reserve, this property offers access to scenic trails and outdoor activities, while still being close to schools, shopping, and major roadways. Whether you're seeking a home with space to grow or a property with extensive room for work and hobbies, this property offers it all. Don’t miss the opportunity to see everything this unique home has to offer—schedule a showing today! This home has always been high and dry and never any hurricane damage from any storm. All information is deemed correct but not guaranteed.
Source: STELLAR #ns1082959
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #ns1082959
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.
How can you find assumable mortgage listings?
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?
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.
MLS ID: #ns1082959
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.