31836 Spoonflower Cir, Wesley Chapel, FL 33545
3 beds · 3 baths · 2,091 sqft
Turn-Key home in Bridgeview at Watergrass! Built by KB Homes, this 3 Bedrooms, 2.5 Bathrooms, move-in-ready home is sure to please. The first floor is comprised of common living areas: the open-concept Living Room, Dining Room, and Kitchen. Game's on! The oversized Living Room is an inviting space for watching a movie or a game or binge-watching your favorite shows. Features here include a Coat Closet, wainscoting, laminate floors, and a ceiling fan. Tile floors flow through the Dining Room, Kitchen, and Laundry Room/Pantry. More wainscoting continues into the Dining Room and walk-out sliding doors open to the backyard. In the Kitchen, an abundance of cabinets is topped with solid surface countertops and the appliances include a newer (2023) stainless steel Refrigerator. The remaining first-floor rooms, including the Half Bathroom, and the Utility Room/Pantry, are located in the hallway leading to the Two-Car Garage. The Utility Room/Pantry includes the washer and dryer hookups and a huge walk-in Pantry. A Loft is situated at the top of the stairway. Currently used as an Office/Hobby Space, it could also serve as a Gym, Play Room, Studio, open Media Room, Home School Room, or a variety of other uses. Bamboo laminate flooring flows throughout most of the second floor, and upgraded case trim adorns the doors. The generously sized Primary Bedroom provides ample space for a reading/sitting area, in addition to the usual furnishings. The Primary Bathroom includes Double Lavatories, a Garden Tub, and a separate Shower. Most of the Plumbing and Lighting Fixtures have been upgraded, and the finishes here include Solid Surface Countertops, Wood Cabinets, and tile floors. Bedrooms 2 and 3 are flanked by the Primary Suite on one side and the Loft on the other. The Upstairs Hallway Bathroom also boasts Updated Plumbing and Lighting Fixtures, Solid Surface Countertops, Wood Cabinets, and Tile Floors. The Roof and A/C were both replaced near the end of 2023 and the exterior has been freshly painted. Located less than a block from a playground, the home is situated on a lot with a spacious backyard that backs up to and is extended by a conservation area. Bridgeview at Watergrass is a gated, deed-restricted community with an aquatic center and exercise room, a clubhouse, ball fields, and basketball and tennis courts. The community is located in Wesley Chapel just minutes from The Groves, Tampa Premium Outlets, Wiregrass Mall, and all that Wesley Chapel has to offer - with more coming soon! Don't delay! Make your appointment to view this home and make your offer right away. UPDATE: This home was NOT damaged by the recent hurricanes.
Source: STELLAR #tb8309354
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8309354
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: #tb8309354
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