2981 Northfield Dr, Tarpon Springs, FL 34688
5 beds · 4 baths · 3,320 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Your dream home of impeccable charm and character awaits you today! This stunning 5-Bedroom, 3 Car garage, Luxury Estate at Lansbrook (Short walk to top rated East Lake schools), is beyond compare! Nestled in this most desirable community this immaculately maintained 5-bedroom, 4-bath estate exudes elegance and sophistication. Each detail has been thoughtfully updated, showcasing true pride of ownership throughout. Drive into this picturesque community, just off Lake Tarpon, and you’ll be greeted by Florida’s beautiful flora and fauna. Once you arrive, the mature landscaping and covered front porch welcomes you into this elegant home. Inside, you’ll find soaring high ceilings, crown molding and beautiful travertine flooring throughout, creating an atmosphere of timeless luxury. The formal living room offers breathtaking views of the lanai and pool, while the formal dining room is spacious and inviting-perfect for hosting gatherings with friends and family. The split floor plan highlights the luxurious primary suite, featuring extra high ceilings, and private pool views with sliding doors to the pool. The en suite bathroom is a spa-like retreat with a jetted garden tub, walk-in shower, dual vanities, and his-&-her spacious closets. Enter the Chef’s Kitchen...You’re in chef heaven! Designed for culinary enthusiasts, the kitchen is adorned with recently updated custom cabinetry, gorgeous granite counter-tops, hidden walk-in pantry, Jenn-Air 5-burner gas cook-top, dual GE Monogram convection ovens, GE Café refrigerator, dishwasher, microwave, trash compactor, oversized kitchen sink with commercial grade faucet, and a huge center island facing the family room. Plus you’re going to love the spacious eat-in kitchen area! Speaking of the family room…it will be the heart of your home, featuring sliding glass doors to the lanai, and a seamless flow to the adjacent office/flex space. Through the double French doors, the office boasts 2 walls of windows with stunning backyard and pond views. Bedrooms 2 & 3 are conveniently located off the kitchen with a renovated shared bath. Bedroom 4 is off the family room with private access to the pool bathroom. The oversized 5th bedroom upstairs is perfect as an extra large bedroom or rec room, gym, in-law suite or bonus space...With new carpeting, huge walk-in closet, and a renovated bathroom. The possibilities are endless for this private upstairs retreat! The expansive screened lanai with custom pavers features a saltwater pool with Pebble Tec finish. As you step out to your enchanted backyard oasis, a true Florida lifestyle dream will come true! Built-in outdoor BBQ and fire pit, multiple seating and lounge areas for entertaining, and relaxing pond views. Brand new commercial-grade 5ft high black estate fence for total privacy. This home also boasts a New roof (2020), a new 5-ton Daikin AC (2 years old & with transferable 10-year bumper to bumper warranty), steam washer/dryer in a spacious laundry room with deep sink. 2 year old on demand instant hot water heater, WiFi-controlled irrigation & landscape lighting. Hydronic solar panels to heat the pool. Custom plantation window & door shutters throughout. Home is a NO FLOOD ZONE—NO flood insurance needed! You have direct access to the Pinellas Bike trail, downtown Tarpon Springs award winning restaurants, the famous Sponge Docks and Greek Village. Plus a near 5% Assumable VA LOAN! (Please Inquire)....Schedule your private tour today!
Source: STELLAR #TB8351679
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #TB8351679
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
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 “Save search” 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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.