5007 Presidential St, Seffner, FL 33584
4 beds · 2 baths · 1,698 sqft
Reduced $15,000 now and Was"TOM" as sellers decided to put some love in the house in Feb( Interior and exterior paint, flooring,and so much more). This charming 1,698-square-foot, 4-bedroom, 2-bath ranch-style home offers beautiful direct access and views of a serene pond, nestled in the stable Presidential Manor community of Seffner. NO FLOOD ZONE OR FLOODING FROM MILTON AND HELENE. Step through the front door into the dining room, which flows seamlessly into the living room and kitchen. The living room features a cozy stone, wood-burning fireplace as its focal point, adding warmth and character to the space. One of the home's standout features is the covered, screened-in back lanai, just off the living room, offering peaceful pond views. This outdoor retreat is perfect for entertaining, enjoying morning coffee, or fishing by the water. The fully fenced yard includes a gate with direct access to the pond. The owner's suite includes an ensuite bathroom with a dressing room, walk-in closet, and an upgraded shower, vanity, and fixtures. Big-ticket upgrades include: Fresh exterior paint (2025) Stainless steel refrigerator, dishwasher, and range Upgraded vinyl flooring in common areas and new carpet in secondary bedrooms (2024) Roof & water heater (2021) A new A/C unit, to be installed before closing With NO HOA or CDD fees, you have the freedom to make this home truly your own. Convenient access to I-75 and I-4, plus nearby shopping, make this an ideal location. Don’t miss your chance to make this house your forever home. Schedule a private showing today and start living the Florida dream!
Source: STELLAR #TB8308346
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #TB8308346
Source: Public records
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%. 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.
Other resourcesWhat 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.
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