201 36TH ST SE, Largo, FL 33771
Welcome to your dream home in Largo Florida, just minutes away from pristine beaches, vibrant shops, and delectable restaurants. This immaculately renovated residence boasts five bedrooms, two modern bathrooms, split floorplan, and a prime location you will love. This remodeled home offers new vinyl flooring throughout most of the house. Upon entering, you will love how the living room flows into the kitchen and eat-in dining area. The newly updated kitchen features custom cabinets, granite countertops, new appliances, a modern faucet, and a stylish backsplash. The updated hall bath includes a double vanity with a granite top, new faucets, a new tub, commode, and a shower-tub combination. Additional updates include new baseboards, crown molding, electrical outlets/covers, freshly painted interiors, and new vinyl blinds. Freshwater lines coming in from outside replaced less than two years ago. The primary bedroom offers a private ensuite bathroom with a stand-up shower, new vanity, new flooring, and commode. The oversized family room, complete with an electric fireplace, provides a perfect space for spending time with loved ones and ideal for entertaining. The open concept floor plan is designed to impress. A brand new HVAC system 7/2024 with a smart thermostat has been installed for the buyer’s peace of mind. The home also features LED lighting throughout the main areas and new ceiling fans in every bedroom. One car attached garage with laundry room. The exterior has been freshly painted, with new garage and front porch lighting, and the private fenced backyard offers a great outdoor space. Main roof replaced 2017, flat roof replaced 2021. Best of all, not in a flood zone. This home offers quick access to I-275 for quick commutes to Downtown Tampa and Downtown St. Petersburg, and is close to Tampa International Airport and St. Pete/Clearwater Airport. Nearby amenities include Top Golf, The Pinellas Trail, Baycare Outpatient & Fitness Facility, Starbucks and much more. For beach lovers, the stunning Gulf Beaches are just a short drive away, providing the perfect escape for weekends, holidays, and making memories.
You may be able to put down less than the total down payment amount of $198,617 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
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?
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: #u8250182