5225 Parkside Dr, Milton, FL 32571
3 beds · 2 baths · 1,690 sqft
**PRICE REDUCED!!!**Welcome to 5225 Parkside Drive in Parkwood Commons subdivision!! This is a 3/2, 1,690 sq ft brick & hardi-board home, built in 2017!! As you step inside, the generously-sized foyer leads to the central hub of the home, the aptly named great room; perfect for entertaining & complete w/trey ceiling w/crown molding & ceiling fan w/light kit. The home is perfect for entertaining w/it's open floor plan & high ceilings. A few quick steps bring you to the very stylish & well-appointed kitchen, w/staggered raised panel maple cabinets w/crown molding, recessed can lighting & pendant lighting, generously sized island w/storage, electricity & breakfast bar, ss appliances, soft-close drawers, spacious pantry, double bowl ss sink, garbage disposal, and a cozy breakfast nook w/sliding glass doors that lead out to the back yard. The split floor plan of this home really shines, and offers maximum privacy to the master suite, with its trey ceiling w/crown molding, ceiling fan w/light kit, linen closet & lots of natural light. The master bath offers dual vanities w/soft-close drawers, decorative light fixtures, a generously sized mirror, a large garden tub w/ large, frosted picture window, separate shower, dual walk-in closets, & a water closet. In the front of the home, find the second and third bedrooms, both generously sized, & sharing a full bathroom w/vanity w/soft-close drawers, & a tub/shower combo. The 2-car garage includes pull-down stairs & plenteous attic storage. This home also includes Fabric Shield hurricane protection panels. This home is centrally located w/quick & easy access to Benny Russell Park, the Spencer Field walking path, Five Points shopping, US-90, NAS Whiting Field & is approximately 45 minutes to the beach! The builder is in the process of getting the HOA turned over to the homeowners. HOA dues are an estimate.
Source: PENSACOLA #649180
Source: PENSACOLA #649180
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: #649180
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