5435 Myrtle Hill Dr W, Lakeland, FL 33811
4 beds · 3 baths · 3,029 sqft
Under contract-accepting backup offers. This GORGEOUS and spacious move-in ready home is situated on 3.41 acres with a pond. NO HOA! Your home offers 3,029 heated living space. From the moment you drive up you’ll fall in love with this country setting. The walkway to the front door is incorporated w lovely pavers taking you to the covered front porch which is perfect to enjoy the beautiful peaceful setting this property offers. If you love to entertain this is the home for you. Your home has a variety of room uses as it can be a 4-bedroom PLUS office/bonus room OR a 5 bedroom. You have 2.5 bathrooms & a split plan layout! The office / bonus room offers a nice window bench seat with closets on both sides so this can easily be a 5th bedroom if you prefer. In your OPEN kitchen you’ll love you have lots of cabinets and countertop space, a cooktop island, large breakfast bar open to the dinette area & the beautiful family room where you have the electric brick fireplace & cathedral ceiling with a lovely beam. Along with your having the dinette space with the custom built-in bench seat off the kitchen you also have the breakfast bar AND you have a separate formal dining room area as well in the front of the home off the kitchen with an amazing view of the beautiful front acreage. Room use options are plentiful and you must see this one for yourself. There is so much more! You have the additional separate living room that is open to the formal dining room space. Yes, 2 separate living spaces and formal dining in your home making it perfect for entertaining. New luxury vinyl plank flooring in the living areas & 3 bedrooms. Freshly painted interior. New closet doors in all the bedrooms. You’ll love the beadboard in one of the bedrooms. Updated lighting in the home. You have a wonderful laundry room with plenty of wall space for upper & lower cabinetry of your liking & offers a built-in ironing board w/ outlet & light. Enjoy your amazing view of your acreage from the screened-in back patio incorporated with pavers accessing it from any of the 3 sets of French doors of which are off the kitchen, living room, and the main bedroom. The Main Bedroom offers 2 walk-in closets. Recessed can lighting in the home. Cathedral ceilings. Beautiful wide wood front door enters the nice foyer area with a coat closet. The main bathroom offers dual vanities, separate walk-in shower, large-jetted tub, and separate toilet room. This bathroom can also be accessed from the office/5th bedroom. Your 2nd full bathroom offers a shower/tub combo, dual sink vanity, linen closet & an access door opening to the back yard open patio area also incorporated with pavers making this the perfect pool bath. A small portion of the back yard is fenced perfect for your pets. Your garage is a side entry garage and has an additional single hung entry door and a utility sink area off to the side in the garage. Of course, with all this acreage you have plenty of parking space for all your entertaining and parking for all your fun toys (boats, RV’s…). New Roof 4/2023. Hot Water Heater approx. 6 yrs old. This amazing home on acreage is awaiting your arrival and the pond is ready to be stocked w/more fish and/or a beautiful fountain installed. Plenty of options to build your pool too. This home will go fast so don’t delay seeing this one! Located in SW Lakeland. Be sure to check out the VIRTUAL TOUR Link on this listing and see it for yourself it won’t last long!
Source: STELLAR #L4950800
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #L4950800
To qualify, you must meet the current FHA or VA 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
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 “Save search” 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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.