30542 Hoylake St, Sorrento, FL 32776
3 beds · 2 baths · 1,536 sqft sqft
Welcome to your private retreat in Mount Plymouth, Florida! This stunning 3-bedroom, 2-bathroom home spans 1536 square feet and is nestled on a spacious 1.26-acre property comprising three lots, offering unparalleled privacy and room to roam. As you approach, you'll notice the expansive grounds that surround the home, providing ample space for outdoor activities and future expansions. The driveway was recently refurbished with gravel rock, making parking easy for multiple cars. Step inside, and you'll find a well-appointed interior featuring three comfortable bedrooms and two sizeable bathrooms. The home boasts a well-designed layout featuring a spacious kitchen and living room combo that's perfect for entertaining. The kitchen is equipped with modern appliances and ample counter space, making meal preparation a breeze. The living room area flows seamlessly, creating a welcoming atmosphere for guests and family gatherings. The living spaces are bright and airy, with plenty of natural light streaming through large windows. At the heart of the outdoor area is the inviting above-ground pool, complemented by a surrounding deck—an ideal spot for lounging and hosting gatherings in the Florida sunshine. One of the highlights of this home is the expansive screened-in backyard deck, offering a serene retreat overlooking the lush lots and pool area. Whether enjoying a quiet morning coffee or hosting a lively barbecue, this space provides the ideal blend of comfort and relaxation. For those who love to tinker or need storage for recreational vehicles, the property boasts a massive, detached garage. This versatile space can easily accommodate equipment, RVs, boats, and more, making it a haven for hobbyists and adventurers alike. Located in Mount Plymouth, you'll enjoy the benefits of a quiet country living while still being conveniently close to amenities and major thoroughfares. This property offers a rare opportunity to own a piece of Florida paradise with ample space to make your dreams of privacy and outdoor living a reality. Schedule your showing today and discover the possibilities that await in this unique home! This home has a brand new water heater, new electrical panel and will have a new roof prior to closing.
Source: STELLAR #g5084415
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #g5084415
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: #g5084415
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.