2276 Pennsylvania Ave, Oviedo, FL 32765
4 beds · 2 baths · 2,053 sqft sqft
Welcome to 2276 Pennsylvania Avenue, a versatile one-story home on a spacious 1/3-acre lot with no HOA—offering privacy, freedom, and ample space in the heart of Oviedo. Built with durable block construction and a new roof installed in 2018, this property is ideal for homeowners or investors alike. With 4 generously sized bedrooms and 2 bathrooms, this home is designed to accommodate a variety of lifestyles. The kitchen features granite countertops, real wood cabinetry, and a matching backsplash, combining function and timeless style. The cozy brick fireplace in the living room sets a welcoming ambiance—perfect for family gatherings and holiday decorations. A flexible multi-functional room with its own entrance can serve as a family room, game room, theater, fitness room, or even a rental property—making this an attractive option for investors looking to maximize returns. Step outside to your own private backyard oasis with a screened-in pool and paver patio, perfect for relaxation and entertaining. The fully fenced yard still offers additional space for gatherings, gardening, pets, or play, ensuring both security and privacy. The long driveway provides ample parking for guests. Conveniently located, this home is just 5 minutes from UCF, 32 minutes from Universal Studios, and 45 minutes from Disney. It’s also near Oviedo on the Park and Oviedo Mall for nearby shopping, dining, and entertainment options. Zoned for the highly-rated Hagerty School District—ranked #1 in Seminole County and #57 in Florida—this home offers top-tier educational opportunities for your family. Don’t miss this incredible opportunity to own a property that combines space, flexibility, and an unbeatable location. Schedule your private tour today and make 2276 Pennsylvania Avenue your forever home!
Source: STELLAR #o6254973
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6254973
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: #o6254973
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.