25329 Ironwedge Dr, Sorrento, FL 32776
4 beds · 2 baths · 2,002 sqft
Under contract-accepting backup offers. One or more photo(s) has been virtually staged. Welcome to 25329 Ironwedge Drive, nestled in the highly desirable Fairways community of Mount Plymouth, just minutes from Sorrento, Mount Dora and Lake Mary. This beautifully maintained 4-bedroom, 2-bathroom home boasts over 2,000 sq. ft. of living space. The floor plan is spacious and offers a blend of privacy and functionality. Step inside to be welcomed by an open and airy living room, blended with the formal dining area. The formal dining area also serves as a great flex space, and can also function as a space for a home office. Past the front living and dining area, you are welcomed into the large kitchen, with expansive cabinet and counter space. The kitchen is complete with a large center island, and a breakfast nook. The kitchen also offers access into the 2 car garage. The kitchen is a favorite when it comes to this floor plan, because it overlooks the main living area, making it very conversational. The main living area features extended ceiling heights, giving it an open concept feel. This space also overlooks the private pool and oversized backyard, through the French doors that lead outside. The primary suite is on the right side of the home and features a large bedroom, along with an en-suite that is complete with dual vanity sinks, a tub, a shower, and a walk-in closet. The remaining guest bedrooms are on the left side of the home. 1 bedroom being near the kitchen, with the remaining 2 separated with their own hallway at the back left side of the home. These 2 rooms are perfectly positioned for children or guests, as it offers a full guest bathroom in between the rooms. The stand out feature of this home is the fully screened-in private pool, with a large covered lanai, and expansive pool deck. The pool features a waterfall with amazing custom lighting at night. Behind the pool is the oversized backyard that is fully fenced. This home is complete with a brand new roof installed in the summer of 2024! Low maintenance and peace of mind from the start! The Fairways is a golf cart friendly community with a low HOA. This home is the most incredible value, with a hard-to-beat location. With the Wekiva Parkway Extension, you can drive from Mount Plymouth to Lake Mary in less than 15 minutes. Mount Dora is also only 15 minutes away. With easy access to the 429, you are also able to reach destinations like Disney, the Airport (MCO) and downtown Orlando in less than 45 minutes. Don't miss the opportunity to make this functional and stunning property your new home. Call today to schedule a private tour.
Source: STELLAR #o6241052
Source: STELLAR #o6241052
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: #o6241052
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