1768 Parterre Ave, Lutz, FL 33558
5 beds · 3 baths · 3,531 sqft sqft
Introducing a Luxurious Oasis in The Reserve at Long Lake Ranch! Sellers Spared No Expense When Choosing UPGRADES for This Well Appointed 5 Bed, 3 Bath, 4 Car Tandem Garage + Loft, M/I Built POOL Home. Over-sized, POND Homesite w/ Stunning Views and Situated at the End of Dead End Street. Amazing Curb Appeal, Featuring Stone Accents, Paver Lined Driveway, This Home is a Showstopper. Panoramic Screened-In POOL w/ Swim & Deck Jets. Pool Heater and Chiller Offers Year-Round Enjoyment. Shell Lock Pavered Deck, Covered Lanai and Pre-Plumbed for Future Outdoor Kitchen. Grand Entrance: Leaded Glass Front Door, Soaring Ceilings, Foyer w/ an Open Iron Railing, and Wood-Plank Tile Flooring Create an Elegant First Impression. Gourmet Kitchen is Perfect for Culinary Enthusiasts. Highlighting 42" Luxury Cabinetry w/ Crown Molding, Expansive Island w/ Seating & Pendant Lighting, Quartz Countertops, Pot Filler, Tiled Backsplash, Walk-In Butler's Pantry, Eat-In Space, & Stainless Steel Smart Appliance Package. Living Room with Custom Electric Fireplace. Finishing Out the First Floor You'll Find Full Pool Bathroom & Bedroom with Murphy Bed for Your Guests. Head Upstairs to Spacious Owner's Retreat: Leads out to a Balcony Overlooking Your POOL & Serene Water Views! Generous Walk-In Closet, Extended Dual Vanity, Soaking Tub & Separate Shower w/ Frameless Glass Enclosure & Rainhead. There are 3 Additional Spacious Bedrooms that Share a Full Bathroom. The Spacious Loft, Complete w/ a Projector, Screen, and Theater Seating, is Perfect for Movie Nights. EXTRAS:**Hurricane Shutters**Epoxy Garage Floors**Overhead Storage Racks**Water Softener**Security Cameras**Video Doorbell**Generator Prewire**In Wall Pest Tubes**Holiday Lightning Package**Window Blinds**Rain Gutters with Underground Drainage**Core Foam Masonry Insulation**Newer Home w/ Many Energy Efficient Perks! Zoned for Great Schools and Conveniently located near Tampa. The Reserve at Long Lake Ranch Amenities Feature Resort Style Pool, Tennis & Basketball Courts, Dog Park, Playground & 40 Acre Lake Surrounded by Walking Trails Where Residents Can Fish from the Dock & Launch Non-Motorized Boats.
Source: STELLAR #w7869558
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #w7869558
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: #w7869558
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.