33161 Kateland Dr, Wesley Chapel, FL 33545
5 beds · 4 baths · 3,984 sqft sqft
Welcome to Watergrass, an exceptional master-planned Wesley Chapel, Florida, community boasting sought-after amenities, brand-new shopping and dining destinations, and a new elementary school. Built in 2022 and Situated on a generous waterfront lot, this Brookhaven Bonus plan home offers abundant space and versatile living options, perfect for families of all sizes. The home's curb appeal is delightful, with a striking tile roof and paver driveway welcoming you home. Step inside to discover a bright, airy interior featuring high ceilings, expansive windows, and elegant tile flooring that flows seamlessly throughout the family room and kitchen. Formal living and dining rooms are ideal for special occasions and gatherings. The heart of the home, the expansive family room, effortlessly connects to the kitchen, creating an open and inviting atmosphere. Sliding glass doors lead to a sprawling lanai with sliding screen doors and a spacious backyard, providing ample room for a future pool oasis. The kitchen is a home chef's dream, equipped with ample granite countertops, stainless steel appliances with double ovens, an outdoor vented microwave, a 5-burner cooktop, and many cabinets, including space for a wine refrigerator. A walk-in pantry adds to the kitchen's convenience and functionality. The split floor plan ensures solitude for the relaxing primary suite, which boasts a tranquil water view, access to the screened lanai, and a spa-inspired bathroom complete with separate dual vanities, a soaking tub, a walk-in shower, a water closet, and two walk-in closets. Three additional bedrooms and two full bathrooms are conveniently located on the first floor, providing comfort and convenience for family members or guests. A storage closet and linen closet add to the home's practicality. Upstairs, the versatile bonus room with its separate HVAC system is the perfect space for a media room, game room, or home office. The fifth bedroom and fourth full bathroom create a private retreat for teenagers or overnight guests. Watergrass residents enjoy many amenities, including multiple community pools, playgrounds, and Watergrass Elementary School, which is located within the community. The recently opened Publix, Starbucks, and various dining options are just moments away. The area's booming growth also boasts sought-after schools like Innovation Preparatory Academy and The Kirkland Ranch Academy of Innovation. With convenient highway access, residents are just a short drive from hospitals, shopping centers like The Tampa Premium Outlets and Shops at Wiregrass, and the exciting KRATE at The Grove of Wesley Chapel. This two-year-old home offers a rare opportunity to move into an established community with all the benefits of new construction without the wait. Don't miss your chance to experience the Watergrass lifestyle - schedule a tour today!
Source: STELLAR #o6207960
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6207960
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: #o6207960
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.