4240 Woodsville Dr, New Port Richey, FL 34652
2 beds · 2 baths · 1,289 sqft sqft
Ready to fall in love with your new home? Come see this remarkable 2-bedroom, 2-bath, 2 car garage home on a oversized pie-shaped lot with a large driveway that is bursting with modern updates and thoughtful touches, making it a true standout in the heart of New Port Richey. Whether you're starting out, looking for a vacation getaway, or eyeing an investment opportunity, this home has it all. The seller remodeled this home with them living here in mind and it shows! Upon entering you will notice the neutral LVP vinyl flooring that runs throughout the home. The heart of this home is the completely updated in the kitchen, boasting sleek stainless steel appliances, ample counter space with granite stone and tons of cabinets. The primary suite is large with a walk in closet and leads to the updated primary bathroom. This second full bathroom is centrally located the hallway, making it easy from the second bedroom to access. The second bedroom is large with a nicely sized closet. The living room has tons of natural light and overlooks the large enclosed patio. The dining room seamless blends into the kitchen and family room. This home is open and spacious while providing a feeling of quaint and cozy. The private fenced-in yard is absolutely stunning and provides a serene oasis especially with the rock water fall and gazebo area. There is a separate fenced off area for pets or playgrounds and a shed for additional storage. The home has custom Storm Buster polycarbonate hurricane shutters. Water Heater (2023) Serviced AC (2016). This home had NO flooding or damage in the last 2 storms. NO HOA. NO CDD. Assumable Flood Insurance policy at a low rate. Home is located in Beacon Square which is known for being a coastal community in NPR with convenient access to shopping, dining, state parks and local attractions.
Source: STELLAR #tb8317306
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8317306
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: #tb8317306
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.