4877 NE 122nd Ave, Oxford, FL 34484
4 beds · 4 baths · 1,912 sqft
Nestled in the sought-after Villages of Parkwood, this beautifully designed 4-bedroom, 3.5-bathroom home offers the perfect blend of comfort, style, and convenience. Located just minutes from Hwy 101 and CR 466, this residence is at the heart of The Villages, Florida, ensuring easy access to everything you need. Built with durable concrete block and stucco construction, this home boasts high ceilings that enhance the sense of space and sophistication. Step into this home and be immediately captivated by the expansive open floor plan that seamlessly blends the living, kitchen, and dining areas into one magnificent space. The vast layout is perfect for both everyday living and entertaining, where the boundaries between rooms disappear, creating an airy, spacious environment that everyone will envy. The living area flows seamlessly into a spacious kitchen, featuring a generous countertop with ample seating, creating the perfect heart of the home. Just beyond, the dining area, bathed in natural light, offers the perfect backdrop for memorable gatherings. Enjoy seamless indoor-outdoor living with a sliding door leading to a screened 10x30 lanai, where you can unwind while overlooking the peaceful greenspace. With no neighbors behind, your privacy is assured. This open-concept design not only maximizes space but also fosters a warm, inviting atmosphere that makes every moment at home feel special. Upstairs, all four spacious bedrooms and three full bathrooms await, with the primary suite showcasing a walk-in closet and a en-suite bathroom featuring a walk-in shower. The second-story 10x30 porch off the rear of the home is a true sanctuary, offering both size and beauty in abundance. Spanning the entire width of the house, this expansive outdoor space provides ample room for relaxation, dining, and enjoying the outdoors. Whether you're sipping your morning coffee or hosting an evening gathering, the porch's elevated position offers stunning views and a refreshing breeze, making it the perfect extension of your living space. Downstairs, a conveniently located half bath adds to the home's functionality. The home also includes a private mailbox and is situated within a friendly community complete with sidewalks for leisurely strolls. Living here means you’re just moments away from shopping, top-notch medical facilities, fine dining, and The Villages Charter Schools. This home is more than just a place to live; it's a lifestyle. Don’t miss the opportunity to make it your- call for a showing today!
Source: STELLAR #om686697
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #om686697
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: #om686697
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.