5709 N Branch Ave, Tampa, FL 33604
3 beds · 3 baths · 1,892 sqft
Own the pride of Old Seminole Heights! This 1922 bungalow exemplifies the Craftsman style combined with modern updates. At 1,532 sq ft, the main house features 2 bedrooms and 2 full bathrooms with pristinely maintained original heart of pine wood floors in the main living and dining areas. You’ll enjoy the comfort and benefits of brand new CATEGORY 5 WINDOWS and DOORS (2024) with custom blinds and a metal roof. The guest bathroom’s period accurate 1950’s tiling play off a redesigned owners en suite bathroom with walk-in glass shower. Enjoy functionality and quiet luxury in a kitchen with stainless steel appliances, marble floors and countertops. The 360 sq ft converted garage accessory dwelling unit can serve as a studio apartment with full bathroom and comes with a proven short term rental history ($1,000/month). Surrounded by this award-winning landscaping, you will never know you are minutes from I-275, downtown Tampa, Ybor, Channelside, Tampa Zoo, Tampa International Airport, and all the area has to offer. Expansive and fully-fenced backyard is ringed by mature eureka palms while Chinese palms provide the main house with greenery and privacy. The yard features Florida friendly and drought tolerant plants connected to drip irrigation and highlighted by stunning uplighting. As the current owners relocate to care for their family out of state, this is your chance to own craftsmanship that has shone for over 100 years. This home will be YOUR SPACE to host the big parties or the intimate gatherings you always wanted. Come see today and understand why everyone wants to live in Old Seminole Heights! Updates and Features Category 5 windows installed, 2024 Category 5 doors installed, 2024 Custom blinds installed, 2024 Updated front deck, 2024 New exterior trim work, 2024 Landscape lighting updated, 2024 Updated landscape drip irrigation, 2023 New interior paint, 2023 New exterior paint, 2022 New dishwasher, 2021 New ductwork, 2020 Composite deck, 2020 Updated plumbing and electrical, 2016 In-ceiling speaker system, 2016
Source: STELLAR #tb8329146
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8329146
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: #tb8329146
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.