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5528 Arlington River Dr

Lakeland, FL 33811

5 beds · 3 baths · 2,969 sqft

$399,900

$2,043/mo with 3% Express Financing

$2,629/mo with 7% bank financing

Get prequalified

About this home

One or more photo(s) has been virtually staged. SELLERS MOTIVATED! This is a GREAT price for this spacious home. There is also an assumable FHA mortgage option available at an interest rate of 3.25%! Ask your Agent for more information. Welcome HOME! Built by Casa Fresca in 2021, this spacious 2-story, 5-bedroom Catalina floorplan is located within the vibrant community of Riverstone. With its modern features, spacious layout, desirable location, and access to a multitude of amenities, this house and community make a wonderful opportunity for you to call this place your new home. This exceptional property offers many desirable features and amenities that will leave you feeling captivated. The first feature you will immediately notice is that the front porch is screened in. As you walk through the front door, you are greeted by a long hallway that leads to an open-concept living and dining area. The kitchen boasts modern appliances, ample counter space, a large kitchen island with gorgeous granite countertops, and a large walk-in pantry. As you cook or are enjoying a meal in the dining area, you will appreciate the sliding doors that lead out to the spacious backyard, which is the perfect place to entertain family and friends. Additionally, the main floor features a den, which can be used for multiple purposes, such as a secondary living space or a home office. Ascending the staircase, you will discover the luxurious primary bedroom, complete with a private ensuite bathroom featuring a double sink vanity and a HUGE walk-in closet. One other spacious bedroom is located on the main floor, and three other generously sized bedrooms are located on the upper floor. All provide ample space for family members or guests, each offering their own unique comfort and charm. There is also a massive recreation room on the upper floor that can be used for anything you could imagine: a play room, movie room, office, game room - the possibilities are endless! Walking down the hallway on the upper floor, you will also notice the large laundry room, which is in the perfect location- offering convenience. This vast and well-organized area makes for the perfect space for all your laundry needs. Other awesome features of this home include: smart home features, walk-in closets, ceiling fans, and an in wall pest system. The Riverstone community has several different perks. There are playgrounds, TWO sparkling community pools, a Clubhouse, sidewalks for morning and evening strolls, and even…a DOG PARK! Benches along the lakes/ponds were added to allow residents to take breaks from walks and enjoy the views. This home is located in a highly desirable area- Close to Publix, Lakeside Village, and the Lakeland Airport too. One major event residents of the community look forward to each year is the SUN 'n FUN airshow! This house is waiting for you to make wonderful new memories here. Come see this house today, and make it your home!

Source: STELLAR #L4946453

2,969 sqft
5,536.0 sqft
Single Family
Built in 2021

Neighborhood
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FAQs

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.

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.

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.

When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.

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Last updated: May 15, 2025 07:26 pm
Listing provided courtesy of: XCELLENCE REALTY, INC (866) 595-6025
Details provided by STELLAR and may not match the public record.
MLS ID: #L4946453
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.
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Lakeland, FL 33811

5 beds · 3 baths · 2,969 sqft

$399,900

$2,043/mo with 3% Express Financing

$2,629/mo with 7% bank financing

Get prequalified