3850 6TH AVE N, Saint Petersburg, FL 33713
Welcome to this fantastic 4-bedroom, 2-bathroom home, built in 2010, offering 1503 sq ft of comfort and convenience. Nestled on a quiet street, this property features a screened porch entry, perfect for relaxing or unwinding after a long day. The home's split-bedroom layout ensures privacy, with the main bedroom located at the front and the additional three bedrooms situated at the back. The open floor plan is great for everyday living and entertaining. The kitchen is a standout feature, equipped with stainless steel appliances, a convenient bar are and space for a dining table. Throughout the home, you'll find durable ceramic tile flooring and a well-appointed inside utility room complete with a washer and dryer. The garage, accessible via a remote, is located at the rear of the property. Step outside to discover a delightful backyard oasis. A newer she-shed, complete with a portable AC unit, desk, and love seat, offers a versatile space for an office, hobby room, or personal retreat. The backyard also boasts a patio, wood fencing, and a remote-controlled gate with access from the alley, providing additional security and privacy. There's ample room for an RV or boat, and a timed sprinkler system helps maintain the lush landscaping. Conveniently located just 10 minutes from downtown and the Interstate, this home is also close to a bus line and the St. Petersburg Public Library. A small, shaded park is just around the corner on 39th St N, offering a pleasant spot for outdoor enjoyment. Just 15 minutes to the beach. Don't miss out on this beautifully maintained home with modern features and a prime location. Schedule a viewing today!
You may be able to put down less than the total down payment amount of $187,698 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #tb8303557