4515 March Terrace Ln, Valrico, FL 33596
5 beds · 4 baths · 3,911 sqft
Luxury, Lifestyle, and Location—All in One Stunning Home! Discover the epitome of elegance in this award-winning Key Largo II Artisan Series model by Homes by WestBay. Located in the prestigious gated community of Ridgewood Estates, this nearly 4,000 sq. ft. residence is perfectly positioned on a picturesque, tree-lined street, offering serene west-facing views of lush green space. Boasting 5 bedrooms, 4 full baths, a dedicated home office, two spacious bonus rooms, and a 3-car garage, this home blends thoughtful design with everyday comfort. Enter through a soaring grand foyer and be greeted by a wall of 16-foot sliding glass doors that open to a private lanai and resort-style pool—ideal for entertaining or relaxing in your own oasis. The open-concept gourmet kitchen is a chef’s dream, featuring quartz countertops, premium appliances, and a large island, all framed by custom wood ceiling beams in the great room. Retreat to the luxurious first-floor primary suite while guests or family enjoy privacy in the upper-level bonus room with a fifth bedroom and full bath. Unique touches like a hidden bookcase door to a cozy mancave add charm and character. Enjoy sustainable living with PAID OFF solar panels, a tankless water heater, whole-house Culligan water softening system with triple osmosis kitchen purification, and optional private well access. Average utilities are incredibly low—Water: $35, Electric: $59, Gas: $55. Just minutes from top-rated schools, premium shopping, and major expressways, and with no CDD fees, oversized homesites, and private gated access, Ridgewood Estates is one of the area's most coveted communities. Schedule your private tour today—this one-of-a-kind home won’t last!
Source: STELLAR #TB8362834
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #TB8362834
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
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 “Save search” 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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.