301 Wooten Rd, Lutz, FL 33548
3 beds · 2 baths · 1,656 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Under contract-accepting backup offers. RARE OPPORTUNITY! 301 Wooten Rd is a best-kept secret in a convenient location in the heart of Tampa. Tucked away in a private neighborhood on the edge of AVILA, this hidden gem offers the perfect blend of tranquility and accessibility. You’ve probably never heard of this subdivision...which is a GREAT thing if you’re looking for a cozy and calm neighborhood to call home. You’ll love the beautiful, updated interior and open-concept layout made to feel even bigger and brighter by all the windows and natural light. Enjoy your Saturday morning pancakes as you take in the birds singing right outside your large dining room windows. From there, relax in your spacious living room with high ceilings, and end the evening in your cozy primary bedroom featuring an en suite bathroom and walk-in closet. With granite countertops in the kitchen and bathrooms, stainless steel appliances, shaker-style cabinets, wood laminate flooring in the main spaces, and plenty of closet space throughout, this home is just waiting to welcome you. The fully fenced backyard gives plenty of space for your furry friends, backyard barbeques, gardening, and any other outdoor hobbies! With a concrete slab floor and large windows in your shed, plus a metal roof on top, you have plenty of options to utilize this space for more than just storage (like a home gym or she shed!) You can even set up a projector inside your shed for movie nights or a game room, or jam out with your own music studio, all while still having enough space for extra storage. If you need to venture out from your haven, you’ll have quick and easy access to the best of Tampa. Positioned perfectly, only minutes from I-275, this home provides quick access to all that Tampa, Carrollwood, Land O’ Lakes, and Wesley Chapel have to offer. With Publix right around the corner, only about a 2-minute drive, you can easily stop in and grab last-minute items whenever you need to. Only 10 minutes to Target, and 15 minutes to Sprouts and Whole Foods, did we mention this is the perfect location? Homes don’t come around often in this neighborhood. Don’t miss this chance to make this one yours, and schedule a tour today! **Seller’s preferred lender offering up to $5,000 toward buyer’s closing costs! Special terms apply.**
Source: STELLAR #TB8366851
Source: STELLAR #TB8366851
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.