485 Oxford Estates Way, Saint Johns, FL 32259
4 beds · 3 baths · 3,230 sqft
Better than new construction! Nestled on a peaceful, expansive, preserve lot, this stunning David Weekley residence offers an oasis of elegance and comfort. Picture yourself starting each day in a gourmet chef's kitchen, perfect for crafting culinary delights while staying connected to the home's warm, open layout and scenic backyard views. Unwind in the evenings on the impressive 40-foot lanai, an ideal outdoor space for entertaining or simply soaking in the natural beauty that surrounds you. This 4-bedroom, 3-bath, 3-car garage masterpiece has been enhanced with high-end finishes like stone countertops, a sleek stainless hood, a tankless water heater, water softener, and a 5-zone sprinkler system. The meticulously designed epoxy garage floors, wall organizers, exterior lighting, and Habitech security system all add to the sense of luxury, convenience, and peace of mind. Inside, discover a thoughtfully open floor plan with expansive windows that flood every room with natural light and frame picturesque views. Practical features add to the appeal, including a spacious extra garage area, a handy drop zone, oversized walk-in closets, a large laundry room with a folding area, and a beautifully fenced yard that provides privacy and serenity. Situated in the gated community of Oxford Estates, you'll enjoy access to a beautiful clubhouse and pool with very low HOA fees and no CDD fees. Plus, with top-rated schools nearby, this move-in ready home is not just a propertyit's a lifestyle awaiting your embrace. Schedule your viewing today and experience firsthand the beauty and luxury this home has to offer!
Source: REALMLS #2042439
Interest rate and monthly payment estimated based on public records.
Source: REALMLS #2042439
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: #2042439
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