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3707 Stonewall Ave

Pensacola, FL 32507

3 beds · 2 baths · 1,324 sqft

$239,900

$1,699/mo with 5.25% Express Financing

$1,906/mo with 7% bank financing

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About this home

Owner will consider VA Assumption! Welcome home to 3707 Stonewall Ave, a charming Florida cottage that perfectly blends traditional comfort with modern elegance. Nestled on a quiet, interior lot, this captivating single-family residence is an ideal sanctuary for homebuyers seeking a blend of style and convenience. As you approach the home, you are greeted by a picturesque large front porch, complete with timeless wooden gables that invite you to relax and enjoy the peaceful surroundings. Step inside to discover a beautifully remodeled open interior, featuring neutral paint, recessed lighting, and luxury vinyl wood-look flooring throughout, setting the stage for a warm and inviting ambiance. This delightful home features three cozy bedrooms and two full bathrooms, providing ample space for comfort and privacy. The kitchen features gorgeous granite countertops, stainless appliances, large breakfast bar and chic subway tile backsplash. A separate laundry room adds convenience, keeping your household organized and tidy. Step outside to the large, fenced backyard, where there is plenty of room for outdoor activities, a firepit, gardening, or simply soaking up the Florida sunshine. This home is strategically located just minutes from the Naval Air Station (NAS), the pristine beaches of Perdido Key, and the vibrant Downtown Pensacola area, ensuring entertainment and amenities are always within reach. Roof estimated to be 2021. With its enchanting features and prime location, 3707 Stonewall Ave is not just a house, it's the key to your new beginning. Don't miss the opportunity to make it your own! Buyer to verify items of importance, including but not limited to, school zones, room measurements, zoning, etc. NO SELLER FINANCING BUT VA ASSUPMTION POSSIBLE.

Source: EMERALDCOAST #959011

1,324 sqft
0.25 acres
Single Family
Built in 1954

Neighborhood
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FAQs

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.

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.

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.

When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.

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Last updated: Jul 26, 2025 06:29 pm
Listing provided courtesy of: Century 21 AllPoints Realty (850) 678-5161
Details provided by EMERALDCOAST and may not match the public record.
MLS ID: #959011
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing
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