5846 Red Cedar Ln, Tampa, FL 33625
2 beds · 3 baths · 1,070 sqft sqft
Charming Carrollwood Townhouse with Modern Updates Welcome to this meticulously maintained 2-bedroom, 2.5-bathroom townhouse, offering 1,070 square feet of elegant living space. Nestled in a serene conservation area, this home combines modern comfort with natural beauty. Key Features: Spacious Living Areas: Step into a bright and airy living room and dining area, enhanced by high-grade laminate flooring that adds both style and durability. The open layout is perfect for entertaining and everyday living. Updated Kitchen: The kitchen boasts beautiful new cabinets and countertops, providing a fresh, contemporary look and ample storage space. Prepare meals with ease in this well-appointed kitchen. Comfortable Bedrooms: Upstairs, you'll find two cozy bedrooms with newly installed carpet, creating a warm and inviting atmosphere. The master bedroom features an en-suite bath that has been completely renovated for a spa-like experience. Renovated Master Bath: Enjoy the luxury of a master bathroom that has been thoughtfully updated with modern fixtures and finishes, offering a relaxing retreat. Outdoor Living: A screened patio extends your living space outdoors, providing a peaceful setting to enjoy your morning coffee or unwind in the evening while overlooking the picturesque conservation area. Convenient Upgrades: This townhouse is equipped with a new garage opener, ensuring easy access to your 1-car garage. A security system is also included for added peace of mind. Freshly Painted: The entire home has been freshly painted, offering a clean, modern aesthetic ready for you to move in and make your own. Prime Location: Airport Proximity: Just 10 minutes from the airport, this townhouse offers convenient travel access for frequent flyers. Downtown Access: Located only 15 minutes from downtown Tampa, you'll enjoy quick and easy access to the city's vibrant dining, entertainment, and cultural offerings. Serene Setting: Enjoy the tranquility of living adjacent to a conservation area, with local amenities and services just a short drive away. Additional Information: Move-In Ready: This home is in excellent condition, with all the updates and upgrades you need to start enjoying it right away. Don't miss out on the opportunity to make this beautiful townhouse your new home. Contact us today to schedule a viewing!
Source: STELLAR #tb8303510
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8303510
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: #tb8303510
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.