5124 18th Ln E, Bradenton, FL 34203
3 beds · 2 baths · 1,397 sqft sqft
Nestled on a tranquil cul-de-sac, welcome to the serene community of Groveland where this immaculate residence offers the perfect blend of modern comfort and peaceful living. With low HOA fees and situated in a quiet area, this property promises a lifestyle of relaxation and convenience. Step inside to discover a completely updated 3 bedroom, 2 bath sanctuary where every detail has been meticulously crafted for your utmost enjoyment. The roof was recently replaced in October 2020, ensuring years of worry-free living. Moreover, the A/C unit was upgraded in 2016, with brand new ductwork installed from filter to unit in 2024, guaranteeing optimal indoor climate control. Radiating with fresh elegance, both inside and out, this home boasts a pristine coat of paint applied in 2024, lending a bright and inviting atmosphere to every corner. The heart of the home, the kitchen, has been transformed into a culinary haven with its brand-new features, including white shaker cabinets, quartz countertops, and a captivating herringbone backsplash, all installed in 2024. The ceramic tile flooring throughout ensures practicality for everyday life and easy cleaning, making maintenance a breeze. Retreat to the luxurious Owner's Suite, flooded with natural light and offering a tranquil ambiance for relaxation. With ample space for your belongings, the haven provides a peaceful refuge from daily life. The walk-in closet ensures organization, while the ensuite bathroom features dual sinks and a spacious walk-in shower for a spa-like experience. Through the sliding glass doors, you'll find a screened porch, perfect for enjoying the outdoors in comfort and privacy, making it easy for entertaining. Beyond lies a spacious fenced-in yard, offering ample space for outdoor activities and your furry friends! The landscaping has been meticulously tended to, with all greenery cutback and manicured, complemented by fresh mulch and stone accents, enhancing the curb appeal of this picturesque property. Perfectly positioned within easy reach of shopping destinations and delightful restaurants, the location of this home is simply unbeatable. Whether you're enjoying quiet evenings at home or exploring the vibrant surroundings, every moment spent here is bound to be filled with joy. Don't miss the opportunity to make this exquisite residence your own and experience the epitome of refined living in Groveland. Schedule your showing today and prepare to fall in love with your new forever home!
Source: STELLAR #a4605844
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #a4605844
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: #a4605844
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.