197 Pineywoods St, Saint Cloud, FL 34772
4 beds · 3 baths · 2,535 sqft
Welcome to this exquisite one-story home, offering a seamless open floor plan and soaring ceilings throughout. With 4 generously sized bedrooms and a versatile den/office, this residence is designed to cater to both comfort and functionality. The luxurious master suite is a private retreat, featuring an en-suite bathroom and a spacious walk-in closet. A secondary master suite also includes its own en-suite bathroom and walk-in closet, making it perfect for guests or family members. Two additional bedrooms share a beautifully appointed third bathroom. Perfectly suited for both relaxation and entertaining, this home boasts a 3-car garage and an expansive driveway with space for 6 additional vehicles. The meticulously landscaped exterior invites you to enjoy the Florida lifestyle, with a charming front porch ideal for taking in the year-round sunshine. The fully fenced vinyl backyard offers front and sides privacy and rear serene views through a see-through fence to lush, natural trees and beautifully maintained HOA landscaping. Beyond the trees, the Royal St. Cloud Golf Links Golf Course— a public, resort-quality course— ensures no rear neighbors and provides the ultimate in privacy and tranquility. Step inside to a captivating entry foyer, where a custom accent wall sets the tone for the home’s design. The spacious family room and living areas continue the elegant theme with another unique accent wall, creating a refined yet open living space. The heart of the home, the kitchen, features abundant cabinetry, a large island, and ample counter space, making it an ideal setting for culinary creativity. The expansive laundry room is both functional and stylish, complete with a custom barn door for added flair. The den/office offers a perfect space to work from home or relax, while the thoughtfully designed one-story layout ensures easy flow and accessibility throughout. Ideally located, this home is just 10 minutes from downtown St. Cloud, 12 minutes to shopping and dining, 20 minutes to Lake Nona, and 35 minutes to Orlando International Airport. Conveniently located just 10 minutes from the turnpike, this home provides easy access to all that Central Florida has to offer. This property truly checks every box for luxurious, convenient living!
Source: STELLAR #G5094668
Financials
Source: STELLAR #G5094668
Source: Public records
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%. 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.
Other resourcesWhat 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.