508 Kellstadt St NW, Port Charlotte, FL 33952
4 beds · 2 baths · 1,864 sqft
Under contract-accepting backup offers. NO FLOODING OR HURRICANE DAMAGE!! Discover the charm of this beautifully designed 4-bed, 2-bath home, boasting 1,864 square feet of living space under air. This property features an oversized one-car garage, as well as an additional one-car garage complete with a bonus room, providing ample space for storage or a workshop. Situated on an expansive lot with the convenience of city water and sewer, this home offers a perfect blend of comfort and functionality. The living room seamlessly flows into a spacious kitchen equipped with granite countertops, an island with a breakfast bar, and abundant cabinetry and drawers. The kitchen also features recessed lighting, a double oven, a glass top cooker on a separate island with additional cabinets and a wine rack, and a closet pantry. Enjoy tile flooring throughout the main living areas, while all guest bedrooms boast laminate flooring. The split floor plan places three bedrooms on one side of the home, with two bedrooms featuring built-in closets and the third offering a walk-in closet. The guest bathroom is equipped with a single vanity and sink with a shower/tub combo. The master suite provides a serene retreat with tile flooring, a walk-in closet, and a master bathroom showcasing a single vanity and sink, a beautifully tiled walk-in shower, and a built-in linen closet. This home comes with a washer and dryer conveniently located in the garage. Additional features include a separate dining room with a storage closet and French doors leading to a covered lanai, perfect for entertaining or relaxing outdoors. Outside, the oversized lot provides plenty of space for gardening, or future expansion. Whether you’re hosting a barbecue or simply enjoying a quiet evening outside by the paver fire pit area. Roof installed in "2023". No HOA or deed restrictions!! Conveniently located in a nice neighborhood close to restaurants, shopping, beaches, and more. Ask to see this one first...make YOUR appointment today!!!
Source: STELLAR #c7495317
Source: STELLAR #c7495317
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: #c7495317
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.