4612 13th Ave N, Saint Petersburg, FL 33713
2 beds · 1 baths · 600 sqft
Charming Bungalow in the Heart of St. Pete! Discover the perfect blend of character and modern updates in this delightful 2-bedroom, 1-bathroom bungalow, centrally located in St. Pete. This home offers a welcoming atmosphere with its original wood floors and a spacious, open-concept layout. The kitchen features stainless steel appliances, a generous island, and recessed lighting that enhances the bright and airy feel. The kitchen seamlessly flows into the living room, creating an ideal space for entertaining and everyday living. Enjoy the flexibility of a sizable, fully fenced backyard with a shed and ample room for future expansion or landscaping projects. A front driveway leads to a convenient covered carport, adding to the home's appeal. Additionally, there's an option to reinstate a second bathroom, as the home previously had a toilet and sink in the laundry room. **RECENT UPGRADES: Hurricane Impact Windows 2022 | AC 2021 | Roof 2017 | Water Heater 2020 | Electrical Grounding Upgrades 2021 | Added Outside Electrical Outlet 2023 | Gutters 2021 | Washer/Dryer 2021 | Dishwasher 2021 | Gutters 2021 | Ventilation in Bathroom 2021 | Recessed Lighting in Kitchen 2021 | Main Water Shut Off Valve 2021 | Updated Bathroom Fixtures 2021 | New Laundry Room Exterior Door 2021 | New No-Cord Blinds 2022. Centrally located, this charming bungalow is just moments away from the interstate, offering quick access to restaurants, shopping, bars, breweries, Downtown St. Pete, Tampa, Sarasota, and airports. Enjoy the convenience of vibrant city life with the comfort of a cozy retreat. Assumable loan optional.
Source: STELLAR #u8255571
Source: STELLAR #u8255571
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: #u8255571
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.