228 Deleon Rd, Debary, FL 32713
3 beds · 2 baths · 1,753 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Under contract-accepting backup offers. ASK YOUR AGENT ABOUT ASSUMING THE OWNER'S 3.375% INTEREST RATE! Welcome to lakeside living with timeless country charm! Situated on nearly half an acre with 130 feet of frontage on private Bonita Lake, this beautifully updated 3-bedroom, 2-bath home offers 1,753 square feet of light-filled living space in golf-cart-friendly, no-HOA DeBary. Large windows and sliding glass doors provide peaceful water views and fill the home with natural light. The living and dining room combo is separated by a quarter wall with built-in bookshelves, offering the perfect balance of open concept and defined spaces. The spacious kitchen features granite countertops, soft-close drawers, a butcher block island, a large pantry, and a cozy dining nook. Throughout the home, you'll find a mix of vinyl plank and ceramic tile flooring. The primary suite includes a wall of closets and a private ensuite bath, while two additional bedrooms share an updated guest bathroom. Step outside to a screened-in patio—perfect for a quiet night by the lake without mosquitos while you sit and sip in a hammock or dine outdoors in comfort. A charming tree swing by the water adds to the relaxed, country-style atmosphere. The cobblestone terrace is ideal for a future hot tub or pool. The 0.47-acre double lot includes three storage sheds (two with electric), partial vinyl fencing, a side-entry two-car garage, and a long driveway with ample parking. Proper setbacks are in place if you wish to add a detached garage or in-law suite. Recent updates include a new roof (2023), water heater (2024), iron filtration system (2024), and exterior paint (2024), serviced A/C unit (2025), pumped septic (2022), a well-maintained Kinetico water softener, and a long-lasting termite soil treatment. The beautifully landscaped yard, filled with fruit trees, flowering plants, butterflies, and peaceful lakefront views, creates a tranquil natural retreat. Conveniently located near Lake Monroe, Blue Springs, the St. Johns River, and the upcoming DeBary Main Street, with easy access to I-4 and just 45 minutes from Downtown Orlando.
Source: STELLAR #O6299651
Source: STELLAR #O6299651
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.
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.
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.
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 “Save search” 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.
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 620, 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 and Equal Opportunity Act.