300 Spring Run Cir, Longwood, FL 32779
3 beds · 3 baths · 2,416 sqft sqft
Schedule YOUR SHOWING TODAY. LET'S GET INTO IT Discover your dream home in this extraordinary property, located in the exclusive, gated community of The Springs. This riverfront treasure offers an unmatched lifestyle, steps from a pristine sandy beach and the community's private spring waters. Upon entering this beautifully designed home, you'll be greeted by a spacious, open floor plan featuring 3 bedrooms, 2.5 baths, and large windows that fill the space with natural light and stunning views. The covered front patio leads you into a magnificent foyer, highlighted by a double-sided fireplace, vaulted ceilings, and a generous living area perfect for luxurious living. The chef's kitchen is a culinary delight with elegant granite countertops, stainless steel appliances, a built-in wine refrigerator, custom maple cabinets with crown molding, and a built-in wine rack. This kitchen flows seamlessly into the family room and formal dining area, making it ideal for entertaining. On the lower level, you'll find a private office with views of the peaceful backyard, (this could be converted into a fourth bedroom), a convenient half bath, and a laundry room with built-in cabinets, a stainless steel sink, new plumbing, and quartz countertops. Upstairs, the primary bedroom is a true retreat with vaulted ceilings, a cozy fireplace, a hardwood floor, a spacious walk-in closet, and French doors that open to a private patio balcony offering breathtaking river views. The luxurious master bath features dual sinks, granite countertops, a walk-in shower with seamless glass, and a jetted tub. All bedrooms have hardwood floors. Outdoor lovers will appreciate the expansive backyard with lush landscaping and large raised decks perfect for barbecues and enjoying the serene and quiet surroundings. The Springs community boasts a wealth of amenities, including a 24-hour guarded gate, clubhouse with spring views, tennis courts, pickleball, a basketball court, horse stables, a swimming pool, a playground, hiking trails, and year-round access to crystal-clear spring waters. Whether picnicking under the shade of majestic live oaks or swimming in the natural spring, every moment in this gated paradise feels like a vacation. Experience the pinnacle of Florida living. Schedule your private tour today and make this stunning residence your forever home!
Source: STELLAR #s5108169
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #s5108169
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: #s5108169
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.