412 Blue Bayou Ln, Winter Springs, FL 32708
3 beds · 5 baths · 1,854 sqft sqft
Welcome to this meticulously maintained and spaciously cozy home with 1844 square feet of living space in the sought after Jesups Reserve community. The only reason the family is moving is because they have outgrown the house and need more space, but they have loved living there. Your new 3 story home includes 3 bedrooms each with its own full bathrooms (3 total) with an oversized 2 car garage (with storage hooks to keep you organized); there is even a garage closet for additional storage space. You won’t have to worry about making upgrades to the main systems of the house because the AC was replaced in 2023, the roof was replaced in 2022 and the garage door had maintenance performed in 2024. This home features a fabulous split bedroom floor plan that is great for multi-generational living or for families that like to entertain guests. When you enter the home, there is a full bedroom and bath on the first floor; as well as a back entrance to the garage (which you enter from the alley). Upstairs on the second floor, you will find your spacious, open floor plan living area with room for dining, relaxing and cooking in your oversized kitchen with breakfast bar and stainless steel appliances (less than 5 years). The laundry room is also located on the second floor for convenience. Brand new stair railing. The third floor has the large owner’s suite, which has a master tub and shower, large walk in closet and private bathroom. You will also find the laundry room and linen closets. The three outdoor seating areas have hosted many dinner parties and family gatherings. You have a porch on the first floor and a patio on the 2nd floor (which was completely updated) and a 3rd floor balcony. All of these will allow you to enjoy romantic outdoor dinners listing to the music from the wine bar across the street. Additional features include: laminate flooring - no carpet throughout the house; community pool is well maintained and equipped with a jacuzzi for those days when you need to relax and chill and there is a beautiful pond with a family of friendly ducks. You will enjoy living in this safe community with friendly neighbors. The house has been professionally cleaned and the exterior pressure washed to give you that move-in ready feeling. Priced to sell. Bring us your offers. Jesups Reserve is conveniently located across from Winter Springs Town Center. You have every convenience you can need either in walking distance or within a quick car ride. The community is close to trails, including Trotwood, Centralwinds, Friendship, Winding Hollow, Sam Smith and Torcaso Parks. There is a nearby dog park for you fur babies. You have your choice of fitness centers that are 1 to 5 minutes away (Crunch, Planet Fitness and Zoo Fitness). Shopping and restaurants nearby include Publix, Spill, Aldi, Dollar Tree, Water to a Tea, Ice cream parlor and more. It is so easy to get to Lake Mary or Sanford shopping areas without having to use 417, but 417 is right there for convenience and you are in a great school zone! Priced to sell. Make your appointment today and see this beautiful home for yourself.
Source: STELLAR #o6237923
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6237923
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: #o6237923
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