1 of 18
$379,900

279 Mcleods Way, Winter Springs, FL 32708

4 beds · 4 baths · 1,732 sqft sqft

Step into Luxury at 279 McLeods Way This gorgeous 4-bedroom, 3-bathroom townhome located in the sought-after Jesups Reserve & offers a rare blend of style, space, & convenience! Recently upgraded with modern touches by a professional interior designer, this home truly stands out. With bedrooms on each floor, there is plenty of room for everyone to spread out and have their private space. Each bedroom has a private bath! Key Features: • Versatile Layout: This spacious home features 4 bedrooms including a primary suite with a private en-suite bath plus another first-floor en-suite that can function as a guest room or in-law space. The third floor offers two large bedrooms with a shared Jack & Jill bathroom, perfect for family or guests. One bedroom even includes an additional 8x7 flex space ideal for a home office, gym, or cozy reading nook! • Gourmet Kitchen: Cook like a chef in the upgraded kitchen featuring new maple cabinets, elegant stone countertops, a sleek tile backsplash, and new stainless steel appliances. Whether preparing a quick meal or hosting a dinner party, this kitchen shines with style and function. • Completely Upgraded Interior: The entire home has been thoughtfully renovated to include new laminate flooring throughout, ceramic tiles in the kitchen, bathrooms, and utility room, and updated bathrooms with new vanities, commodes, light fixtures. There’s no carpet in this home, all upgraded laminate or ceramic tile. • Elegant Details Throughout: Crown molding graces the master bedroom and living room, adding a refined touch to these already impressive spaces. The 17x17 living room is perfect for hosting gatherings or relaxing with family. • New Light Fixtures & Fresh Paint: Every room boasts brand-new, designer-selected light fixtures and fresh neutral paint, providing a modern, clean aesthetic that complements any decor style. • Energy-Efficient Living: Save on utility bills with ENERGY STAR qualified windows, low-flow fixtures, and other energy-efficient upgrades throughout. Outdoor Living & Community Perks: • Step out to your covered front porch, a charming spot to enjoy your morning coffee or evening breeze, even chat with your neighbors. • The 2-car attached garage provides plenty of parking and storage, and guest parking is available as well. • Cool off or socialize in the resort-style community pool, or take the shortys to the City Park, near the schools. • The community is well-maintained with HOA-provided lawn care and exterior maintenance, allowing you to enjoy a low-maintenance lifestyle. Prime Location: • Nestled in the heart of Winter Springs, this home is across from Winter Springs Town Center, where you can enjoy shopping, dining, and entertainment all close by. Also close by is Crunch Gym, Aldi and many other stores! • Easy access to SR 417 makes commuting a breeze to the beach, Orlando International Airport or the parks, and you’re zoned for top-rated Seminole County schools, including Winter Springs High School. • Nearby, you’ll find parks, walking and biking trails, and even a dog park, perfect for those who love outdoor activities and Florida's natural beauty. This townhome offers luxury, convenience, and an ideal location—all in one stunning package. With all these upgrades and improvements, this home is move-in ready and waiting for you!

Interest rate 3
3.45%
With Roam
7%
The seller’s mortgage rate at the time the loan was originated.
Monthly payment 3
$1,086
With Roam
$1,548
Reduce your monthly payments by $462 when you assume this mortgage.
You also save $140,958 in total interest paid.

$159,525
Edit

You may be able to put down less than the total down payment amount of $159,525 and have the rest of the funds financed with a 2nd mortgage from a lender. 4

Interest rate and monthly payment estimated based on public records.

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.
Location
Details
Home
Size
1,732 sqft
Lot size
0.02 acres
Year built
2012
Type
Townhouse

Source: STELLAR #o6246448

Loan
Remaining term
25 years, 5 months
Rate
3.45%
Monthly P&I
$1,086
Remaining loan balance
$220,374

Source: Public records

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?

expand content

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.

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Last updated: Nov 21, 2024 09:58 am
Listing agent: Chris Brown (407) 327-6997
Listing provided courtesy of: RE/MAX TOWN & COUNTRY REALTY (407) 695-2066
Details provided by STELLAR and may not match the public record.
MLS ID: #o6246448
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 © 2024 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.
$1,086/mo
View details