2465 Cottonwood Ln, North Port, FL 34289
2 beds · 2 baths · 1,448 sqft
You’ll love this beautiful, move-in ready Lakeside Plantation villa featuring 2 bedrooms, 2 baths, a den, and a 2 car garage! ROOF RECENTLY REPLACED IN 2022! This stunning Lakefront home, nestled in a vibrant, amenity-rich community, offers the ultimate in maintenance-free living. As you step through the front door, you'll instantly feel the inviting warmth of this meticulously updated retreat, designed for both style and relaxation. The spacious kitchen comes with gleaming new Quartz countertops and a chic backsplash! Gather around the large island with family and friends, or take advantage of top-of-the-line GE Profile appliances, including a convection oven that's perfect for whipping up gourmet meals. The heart of the home is a dream come true for entertainers and those who simply enjoy the finer things in life. Throughout the home, wide baseboards and elegant plantation shutters on high-impact windows add a touch of sophistication and charm. The versatile den comes with a closet, which offers flexibility and can easily become a 3rd bedroom. The master bedroom offers a ceiling fan and access door to the screened lanai. The master bathroom is a spa-like sanctuary featuring a walk-in shower adorned with pebble-style tiles and tasteful blue accents—perfect for unwinding after a long day. Step outside to the screened-in lanai, where you can soak in the serene lakefront views and enjoy privacy with roll-down blinds. Worrying about maintenance is a thing of the past here. The HOA covers exterior upkeep, including roof, lawn care, pest control, irrigation, trash, and more. Home was REPAINTED in 2023, A/C UPDATED in 2017 and Water heater is from 2019! Tile flooring in main living areas and Pergo laminate flooring in bedrooms and office add a modern touch! Lakeside Plantation isn’t just a community—it’s a lifestyle. Enjoy two refreshing pools, one exclusive to Carriage Home residents, a well-equipped clubhouse with a fitness center, and various sports facilities. Location is ideal, with easy access to I-75 and US-41! The commute to Sarasota, Punta Gorda, and Ft. Myers are a breeze! Restaurants, parks, CoolToday Park, and the spring training home of the Atlanta Braves are nearby! Don’t miss out on this opportunity to embrace a lifestyle of luxury and convenience. Welcome to your dream home in Lakeside Plantation!
Source: STELLAR #c7496275
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #c7496275
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: #c7496275
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.