4947 NE 124th Rd, Oxford, FL 34484
6 beds · 4 baths · 3,139 sqft sqft
Welcome to Your Dream Home in the Village of Parkwood! Discover this stunning 6-bedroom, 4-bathroom residence, perfectly situated on a DOUBLE LOT in a family-friendly neighborhood. The moment you step through the beautiful front entry with its elegant glass door, you’ll be captivated by the open floor plan and exquisite design details throughout. The spacious living room boasts laminate flooring and a sliding door that seamlessly connects to the outdoor patio, creating an ideal space for both relaxation and entertaining. Adjacent to the living area is a beautifully appointed dining space, highlighted by a charming tray ceiling. The heart of the home is the impressive kitchen, featuring rich wood cabinetry, gleaming GRANITE countertops, sleek black appliances, and a convenient island. With ample pantry space and a cozy dinette, this kitchen is designed for both culinary creativity and casual dining. The large open family room showcases high ceilings and laminate flooring, with another sliding door leading to your private fenced-in backyard, perfect for family gatherings and outdoor fun. Retreat to the luxurious primary bedroom, complete with laminate flooring, a tray ceiling, and double walk-in closets. The en-suite bathroom is a true oasis, featuring a large walk-in shower, dual split vanities with a make-up area, elegant tile flooring, and a relaxing garden tub. This home also includes four additional bedrooms, two of which share a stylish Jack and Jill bathroom. The three additional bathrooms are thoughtfully designed with tile flooring and granite countertops, ensuring comfort and convenience for everyone. Enjoy the benefits of a two-car garage and a circular driveway, providing ample parking for guests. The beautifully landscaped yard is surrounded by vinyl fencing and features a covered patio, ideal for outdoor entertaining or simply enjoying your morning coffee. Located close to Village Charter Schools and 466 with an abundance of shopping, restaurants, banks, and medical, this home offers the perfect blend of elegance, functionality, and community. Don’t miss your chance to make this exceptional property your own! PLEASE WATCH OUR WALKTHROUGH VIDEO OF THIS BEAUTIFUL HOME and call today to schedule your Private Showing or Virtual Tour!
Source: STELLAR #g5087600
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #g5087600
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: #g5087600
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.