2330 Tarragon Ln, New Port Richey, FL 34655
5 beds · 3 baths · 2,638 sqft
Zoned for A TOP-RATED schools • WATER VIEW • PRIVATE BOAT RAMP • LOW HOA fees • NO CDD • NO FLOOD insurance required • This 5bed/3baths/3 car-garage home sits in Magnolia Estates, a prestigious GATED community nestled in the highly coveted Trinity area, centrally located near the Pasco/Pinellas/Hillsborough lines making all of Tampa Bay but a short ride in any direction. • NEW FLOORING IN THE LIVING ROOM AND FAMILY ROOM. Love cooking and family time? This kitchen is perfect for entertaining and family time! Lots of counter space and plenty of cabinets for all your cookware! CUSTOM WOOD CABINETRY, GRANITE countertops. Central kitchen/family room gathering area, separate formal living and dining rooms, inside utility room, plant shelves, recessed lighting, art niches, natural light and glass sliding doors to the lanai. ** The oversized master bedroom has tons of natural light, a glass sliding door to the gorgeous water view, and two walk-in closets. The master bath has dual vanities, and a gorgeous garden tub. • The community offers a private boat ramp with DIRECT ACCESS to the Anclote River and Gulf waters. Bring your toys: boats, kayaks and fishing tackle! Enjoy a fenced playground, boat ramp, and festive events like professional fireworks displays and Christmas parties! • Location: Zoned for A TOP-RATED schools, Seven Springs Middle and JW Mitchell. Close to abundant shopping, restaurants, YMCA, medical care, cultural events, and more! Located only 45 minutes from award-winning Clearwater Beach! Ideally situated just 35 minutes from Tampa International Airport and Tampa amenities including Strasz Theater, numerous restaurants, International Plaza and Bay Street and popular Tampa Riverwalk. You could qualify for a 2-1 rate buydown program: Reduce your interest! The cost of the payment reduction is paid by the lender so there is NO ADDED COST TO YOU! BEST price in the subdivision!
Source: STELLAR #tb8300889
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8300889
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: #tb8300889
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.