472 Adalines Aly, Saint Cloud, FL 34771
4 beds · 3 baths · 2,104 sqft sqft
Charming 4-Bedroom Bungalow in Silver Springs Community! Welcome to your dream home in the highly sought-after Silver Springs community of Saint Cloud, Florida! This stunning 4-bedroom, 2.5-bathroom bungalow, built by Meritage Homes in 2022, combines modern design with exceptional energy efficiency. This home sits in the "heart of the community" and is only a few steps away from the community park and pool, offering both quick access and convenience. The landscape has been recently upgraded, providing enhanced curb appeal! The Ellison model boasts a contemporary layout with an expansive great room and dining area, perfect for family gatherings and entertaining. The chef’s kitchen features sleek stainless steel appliances, elegant granite countertops, and new cabinets in the kitchen, pantry & laundry room. An island with seating overlooks the combined dining and living areas, creating a seamless flow for everyday living. Upstairs, the spacious primary suite is a true retreat with its oversized walk-in closet, dual sinks, and a luxurious standing shower. Take in the views of the community pool and park plus breathtaking sunsets daily from your owner's retreat! The upper level also includes a versatile loft area, ideal for a home office, playroom, or additional living space. The home is thoughtfully designed with tile flooring downstairs and plush carpeting upstairs. Designer accent walls have been painted throughout the home, adding both elegance and style. Additional highlights include double-pane windows and an insulated roof, enhancing energy efficiency and comfort year-round. A large two-car garage provides ample storage space, and the community offers fantastic amenities, including a pool, cabana, park & tot lot. Conveniently located near the vibrant City of Lake Nona and Sunbridge Community - known for its A rated schools - this home offers a variety of educational options for the entire family. Enjoy easy access to a wide range of retail shops, coffee shops and restaurants, including the popular Boxi Park - with its food truck-style eateries, live music and beach volleyball court. Minutes from the renowned Medical City & Orlando International Airport this home offers the perfect location for all of your needs. With close proximity to major highways, you and your family can spend the day at one of the many theme parks in Orlando. With abundant grocery and retail options close by, this home truly offers a blend of luxury, convenience, and community spirit. Don’t miss the opportunity to make this exceptional property your own!
Source: STELLAR #s5111463
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #s5111463
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: #s5111463
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.