1 of 74
$499,900

445 Noble Faire Dr, Sun City Center, FL 33573

3 beds · 3 baths · 2,637 sqft sqft

UNIQUE EXECUTIVE STYLE HOME in the NO. 1 RATED RETIREMENT COMMUNITY by popular travel and leisure publication. This spacious model with 3 bedrooms plus den/office and all its upgrades and added features is a rare find in the beautiful Renaissance Country Club neighborhood! Covered entrance leads into the large foyer. Note the stained glass French doors which open to the den and adjacent to the guest suite. There is a niche for artwork or statue near the entryway. All three bathrooms have granite countertops—the master has handicap accessible features. The chef's kitchen boasts of an abundance of 42-inch wood cabinetry, natural gas stove, stainless appliances, granite countertops with backsplash, and a dual stainless steel sink, water softener system loop and a reversed osmosis water system. The dinette has a view of the fifth green of Renaissance Golf Course, and there are sliding doors leading out to the lanai. You will love the spacious master suite with tray ceiling, two walk-in closets, double sinks, and a fabulous shower with dual shower heads; and a TV is included. The great room embellished with high ceilings, shutters and remote-controlled blinds, looks out onto the golf course and includes a large screen TV, custom artwork, and a built-in surround sound system. The flooring is tile with carpeting in the bedrooms, and there are eight ceiling fans throughout the home. The second floor suite encompasses a large bedroom with a walk-in closet, full bathroom, and sliding doors to a second lanai that overlooks the golf course. The second floor suite offers many options such as a second master suite, a private guest suite, office, play room for grandchildren, hobby room, theatre room or exercise studio. Both lanais have AC units so that they can be used year round. This home includes a chair lift for those with limited mobility. Note the extra storage space under the stairway. The laundry room has a sink, storage, and room for a cabinet, folding table or shelves. The two-car garage with keypad has Gladiator steel cabinets, and the lights outside the garage have an attention flashing feature for emergency vehicles to spot at nighttime. Security features include, gated front entry, electronic peep hole, RING DOORBELL a spotlight and motion detector, lightning rods to protect the home during storms, hurricane impact windows and a WHOLE HOUSE GAS GENERATOR. The curb appeal of this home is enhanced by the brick paver driveway/walkway and decorative concrete landscape curbing, mature landscaping, newer irrigation system and a lighted flag pole. A transferable home warranty is included. Roof (2020) AC Sanitizer (2013). The Renaissance neighborhood includes its own amenities in addition to those of Sun City Center. You will enjoy the Mediterranean-style clubhouse and a fine restaurant and bar to entertain your guests. A social or golf membership is required. Sun City Center is a golf cart community located just off I75 and within one hour of three international airports, professional sporting events, amusement parks, and beautiful beaches. It is located between Tampa and Sarasota. Come enjoy he hundreds of clubs and activities, pools, fitness centers, pickle ball, tennis, softball, golf and so much more. Membership (social) to Renaissance required.

Interest rate 3
2.71%
With Roam
7%
The seller’s mortgage rate at the time the loan was originated.
Monthly payment 3
$556
With Roam
$870
Reduce your monthly payments by $314 when you assume this mortgage.
You also save $98,932 in total interest paid.

$374,526
Edit

You may be able to put down less than the total down payment amount of $374,526 and have the rest of the funds financed with a 2nd mortgage from a lender. 4

Interest rate and monthly payment estimated based on public records.

Roam helps you take over the seller’s lower interest rate 1
We help you assume the seller's mortgage and avoid higher prevailing market rates.

45-day closing guarantee 2
We work directly with the mortgage servicer to help you quickly and easily close the transaction.
Location
Details
Home
Size
2,637 sqft
Lot size
0.15 acres
Year built
2004
Type
Single Family Residence

Source: STELLAR #t3550566

Loan
Remaining term
26 years, 3 months
Rate
2.71%
Monthly P&I
$556
Remaining loan balance
$125,373

Source: Public records

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?

expand content

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?

expand content

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?

expand content

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?

expand content

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?

expand content

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.

View all FAQs
Last updated: Oct 30, 2024 09:37 am
Listing agent: Stacy Liszewski (941) 724-8338
Listing provided courtesy of: DALTON WADE INC (888) 668-8283
Details provided by STELLAR and may not match the public record.
MLS ID: #t3550566
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2024 MLS GRID. All Rights Reserved.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.
Disclaimers
1 Roam connects buyers and sellers to homes with assumable mortgages via a concierge service. Roam does not offer or engage in mortgage lending activity.
2 45 day guarantee is subject to credit approval by your loan servicer.
3 The assumable interest rate shown for this assumable mortgage is an estimate using the average of interest rates in this home's area at the time of the last sale. The actual assumable interest rate may differ. Estimated payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Roam connects buyers and sellers to home with assumable mortgages via a concierge service. Roam does not offer mortgage loans, extend credit, make credit determinations, or otherwise engage in mortgage lending or brokering activities. The lender makes all credit and qualification decisions with buyers. Any determination to extend credit to a buyer is a decision by the lender, and not by Roam.
4 The lender makes all credit and qualification decisions with buyers. Any choice to extend credit to a buyer is a decision by the lender, and not by Roam.
$556/mo
View details