3536 Park St, Jacksonville, FL 32205
3 beds · 2 baths · 2,152 sqft
Welcome to Avondale. This two-story home (complete with detached guest house above the two story garage) steeped in history is perfectly situated on a large fully fenced, beautiful corner lot at Park and Talbot, just minutes away from the charming shops of Avondale. As you step inside, you'll be greeted by the elegance of beautiful hardwood floors that flow throughout the first and second floor. The inviting living room features a cozy fireplace, perfect for relaxing evenings. A private den, that could be used as an office or game room, boasts an original inkwell in a fold-down desk, adding a touch of historical charm. The first floor also includes an extra bonus space, ideal for various uses, which leads out to a large, covered exterior kitchen. This outdoor oasis comes complete with a sink, gas cooktop, grill, and TV, making it the perfect spot for entertaining. Just off the kitchen, a brand-new deck provides additional outdoor living space. Upstairs, you'll find three spacious bedrooms, including the primary suite. One of the unique features of this property is the Talbot mural, proudly displayed on your fence, adding a distinctive artistic touch to your home. In addition to the main house, this property includes a guest house located above the two-car garage. The guest house features a living room, kitchen, and large bedroom, all equipped with a brand-new refrigerator and AC unit. This versatile space can serve as a detached home office, mother-in-law suite, or even an Airbnb, offering potential income opportunities detailed in the documents tab. Other notable updates include a new tankless water heater and a garbage disposal in the main home. Don't miss the opportunity to own this unique and charming home in a prime location! Schedule your tour today and discover all that this exceptional property has to offer.
Source: REALMLS #2038557
Source: REALMLS #2038557
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: #2038557
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