2330 Tarragon Ln, New Port Richey, FL 34655
5 beds · 3 baths · 2,638 sqft
Indulge in the epitome of luxury living within the exclusive confines of Magnolia Estates, a prestigious gated community nestled in the highly coveted Trinity area. This exquisite residence features 5 bedrooms or 4 plus office with closet, and 3 full baths. Situated on meticulously manicured grounds, the property offers unrivaled vistas of a tranquil pond, creating a picturesque backdrop for lavish living. For the outdoor enthusiast, a private boat ramp provides direct access to the Anclote River and Gulf waters, inviting you to embark on aquatic adventures at your leisure so bring your boats, kayaks and fishing tackle. Enjoy many years of worry free with a new roof being replaced with offer- you get to pick your color. Inside, you have a bright and open tri split desired floor plan. A lavish owner's retreat has an extended sitting area, double tray ceiling, and a sumptuous ensuite adorned with a walk-in shower, soaking tub, and his/her sinks with stunning granite and don't forget to check out the amazing his/her closets. The gourmet kitchen is a culinary haven with a charming breakfast area overlooking the scenic pond. Sliding glass doors seamlessly connect indoor and outdoor spaces, leading to a breathtaking backyard area perfect for hosting soirées or unwinding with loved ones. In the mornings, don't forget to watch the breathtaking sunrise right from your lanai. The community offers an array of amenities, including a playground, and don’t forget the communities private boat ramp, all complemented by LOW HOA fees NO CDD, NO FLOOD requirements. Zoned for TOP-RATED schools Seven Springs Middle and JW Mitchell and conveniently located near shopping, dining, hospitals and of course beaches, this home epitomizes luxurious Florida living. With its multitude of upgrades and unparalleled amenities, this is more than just a residence—it's a testament to refined living. Immerse yourself in the splendor of this extraordinary home by clicking the tour link for a live video experience."
Source: STELLAR #W7873219
Financials
Source: STELLAR #W7873219
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.