Roam | 241 Silver Maple Rd, Groveland, FL
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241 Silver Maple Rd, Groveland, FL 34736

2 beds · 3 baths · 2,315 sqft

Under contract-accepting backup offers. A RARE FIND – This courtyard entrance home boasts a villa ensuite with living room, bedroom, bathroom and private entry. Plus, this stunning home features an exceptionally large wrap-around lanai, perfect for entertaining or relaxing in style. This energy efficient solar powered home with natural gas and double pane low e-glass windows contribute to your savings. The home is situated on a lovely landscaped homesite with no rear neighbors. This highly maintained, open floor plan home is upgraded with modern features carefully chosen by a design team and homeowners who have keen eyes for design. Pride of ownership shows inside and out. Open your 8’ designer glass front door and expect to be impressed! Natural light floods the space, an optional tray ceiling, neutral palette, wood plank porcelain tile and coat closet welcome you. Thoughtful classic and timeless upgrades in your well-designed gourmet gas kitchen are endless. A wall oven and microwave, cooktop with designer vent, modern cabinetry with crown molding and underlighting, pot and pan drawers, an oversized granite center island with large work area and seating, surrounded by stainless steel appliances, striking backsplash, recessed and pendant lighting are a few features you are sure to enjoy. The open floor plan incorporates the great room, kitchen and dining rooms. The uniqueness of this area provides additional space to plan what best fits your lifestyle. The Primary suite is a true sanctuary. It is flooded with natural light, features a designer fan and accommodates oversized furniture. Your bathroom includes sleek finishes, dual sink vanities, linen closet, frameless shower door, tiled shower with bench, oversized soaking tub and private water closet. To maximize storage and functionality, the primary walk-in closet features a custom designed built-in organizer with drawers, shelves and hanging areas. Your flexible den/study has an added privacy door, features a designer fan and is large enough to accommodate a sofa sleeper with added furniture. The oversized laundry/flex/space houses the washer and dryer, has optional upper and lower cabinets with crown molding and plenty of counterspace to use as a craft or hobby area. Step through sliding glass doors onto your personal oasis! This oversized wrap around screened and covered living space is designed for ultimate relaxation and entertainment. It features an outdoor kitchen, luxurious hot tub and 6 designer fans. If you prefer an enclosed lanai, the extension was built so that the screens can be replaced with windows. Trilogy Cascades of Groveland is a guard gated community centered around the 57,000 square ft. Magnolia House and focuses on exercise and entertainment. A full-service restaurant and bar, two gyms, indoor and outdoor pools, spas, a walking trail, dog park, tennis, pickle, and bocce ball await you. 50+ clubs, concerts, shows, demonstration kitchen, massage room, dance studio, poker lounge, golf simulator, billiards and more add to living your desired lifestyle. The HOA monthly fees include lawn/shrub maintenance, basic cable, internet with landline, home security monitoring, streetlights, street maintained gated front entrance and clubhouse amenities. With approval, the HOA allows residents between the ages of 45 to 54 approval if it has not reached the max permitted

Roam helps you take over the seller’s lower interest rate 1
We help you assume the seller's mortgage and avoid higher prevailing market rates.

45-day closing guarantee 2
We work directly with the mortgage servicer to help you quickly and easily close the transaction.

VA loan
Eligible for investors
Not a veteran? You may still be qualified to assume the mortgage.
Location
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Details
Home
Size
2,315 sqft
Lot size
0.17 acres
Year built
2017
Type
Single Family Residence

Source: STELLAR #g5085640

How it works

Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.

Tour

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.

Offer

Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.

Close

Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.

Who can qualify

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.

Frequently asked questions

What is Roam?

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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?

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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?

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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?

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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?

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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.

View all FAQs
Last updated: Oct 08, 2024 10:07 am
Listing agent: Diana Stone (561) 307-8893
Listing provided courtesy of: FLORIDA PLUS REALTY, LLC (352) 901-9100
Details provided by STELLAR and may not match the public record.
MLS ID: #g5085640
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.
Disclaimers
1 Roam connects buyers and sellers to homes with assumable mortgages via a concierge service. Roam does not offer or engage in mortgage lending activity.
2 30 day guarantee is subject to credit approval by your loan servicer.
3 The assumable interest rate shown for this assumable mortgage is an estimate using the average of interest rates in this home's area at the time of the last sale. The actual assumable interest rate may differ. Estimated payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Roam connects buyers and sellers to home with assumable mortgages via a concierge service. Roam does not offer mortgage loans, extend credit, make credit determinations, or otherwise engage in mortgage lending or brokering activities. The lender makes all credit and qualification decisions with buyers. Any determination to extend credit to a buyer is a decision by the lender, and not by Roam.
4 The lender makes all credit and qualification decisions with buyers. Any choice to extend credit to a buyer is a decision by the lender, and not by Roam.