20625 Prego Pl, Venice, FL 34293
2 beds · 2 baths · 1,568 sqft
Immerse yourself in the elegance of this meticulously maintained villa in Gran Paradiso, a premier gated community in Wellen Park. This stunning 2-bedroom plus den, 2-bath residence sits on an oversized corner lot, offering a tranquil retreat with every modern comfort. Step inside to discover detailed trim work throughout, exquisite custom ceiling and wall details, and updated fixtures. The open floor plan features high ceilings, crown molding, ceramic tile flooring, and plush carpeting in the bedrooms. The bonus den/office, accessed via French doors, provides a quiet space for work or relaxation. The updated kitchen is a chef's delight with granite counters, stainless steel appliances, ample cabinetry, and a convenient breakfast bar. The main bedroom suite boasts an ensuite bathroom with double sinks, a garden tub, and a spacious walk-in closet. Outside, the landscaped grounds are meticulously maintained with an irrigation system. Enjoy the screened entryway and an extended covered lanai, perfect for savoring morning coffee or evening sunsets. Gran Paradiso offers an exceptional lifestyle with its largest resort-style pool in the area, a state-of-the-art fitness room, tennis and pickleball courts, and a playground. Miles of sidewalks wind through the community, ideal for leisurely strolls or bike rides. Conveniently located near upcoming amenities including a new hospital and Costco, Gran Paradiso ensures easy access to essentials and entertainment. Within Wellen Park, explore diverse dining options, charming shops, and a picturesque lake, all contributing to the community's allure. Escape to Gran Paradiso, where luxury meets tranquility. Contact us today for your private tour of this extraordinary villa. This home is currently rented until October 31, 2025.
Source: STELLAR #n6133938
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #n6133938
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: #n6133938
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.