4428 Summer Oak Dr, Tampa, FL 33618
3 beds · 2 baths · 2,058 sqft
Welcome to this charming 3-bedroom, 2-bathroom home offering 2,058 square feet of living space in the heart of Carrollwood. From the moment you arrive, the home’s exceptional curb appeal is evident, featuring meticulously landscaped grounds, a sprinkler system, lawn irrigation, a paver walkway, and landscape lighting that enhances the beauty of the property. Upon entering, you’ll be welcomed by stunning hardwood floors, soaring volume ceilings, and elegant crown molding, all of which create a sense of sophistication and warmth throughout the home. The living room is a highlight, with a captivating stone wood-burning fireplace and floor-to-ceiling windows that flood the space with natural light. HOA is optional. The kitchen and dining area seamlessly combine style and functionality, offering abundant white wood cabinetry and stainless steel appliances, making it a perfect space for both cooking and gathering. The main floor hosts two spacious bedrooms that share a beautifully remodeled bathroom, completed in 2022. However, the true gem of this home is found upstairs, where the entire level is devoted to the primary suite. This expansive retreat boasts a luxurious ensuite bathroom with a floor-to-ceiling tiled walk-in shower, a deep jacuzzi tub, double vanities, and an impressively large walk-in closet. Just outside the bedroom door, a spacious, open loft area bathed in natural light from a skylight offers the ideal spot for a cozy seating area or a home office. Recent upgrades include the 2022 bathroom remodel, custom outdoor privacy screens, professional exterior paint in 2020, a new garage door opener installed in 2024, and a 220V outdoor plug, ready for a hot tub or outdoor kitchen. The home is also equipped with a water osmosis treatment system for added convenience. Additional features include hurricane-rated windows throughout, a roof replacement in 2022, and a water heater installed in 2020. The property is located in a no-flood zone and offers an assumable VA loan at an attractive 2.75% interest rate. Situated in a quiet neighborhood with no through traffic, this home provides a peaceful and serene living environment. Conveniently located near a variety of local amenities, including a grocery store, brewery, produce market, financial institutions, Carrollwood Community Park, and a golf course, this home also offers an easy commute to MacDill Air Force Base, shopping centers, restaurants, the airport, and hospitals.
Source: STELLAR #t3548550
Source: STELLAR #t3548550
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: #t3548550