5898 13th St N, Saint Petersburg, FL 33703
3 beds · 2 baths · 1,742 sqft sqft
Welcome to 5898 13th Street North, a charming BLOCK NON-FLOOD ZONE construction home nestled under a canopy of oak trees. This versatile property offers a unique opportunity for both homeowners and for those looking to HOUSE HACK. Originally a 3-bedroom, 2-bathroom residence, it has been thoughtfully converted into a 2-bedroom, 1-bathroom main home with an additional 1-bedroom, 1-bathroom apartment in the back. Whether you're looking to house hack or prefer to restore it to its original layout, the choice is yours! Spanning 1,742 square feet, this home sits on a generously sized lot, providing ample space for outdoor enjoyment. The private outdoor space is perfect for relaxation or entertaining, and the back yard offers a tranquil retreat. Updates include a massive shed for storage, quartz countertops, soft close shaker cabinetry, a reverse osmosis water filler, high end kitchen appliances, and so much more! With hurricane shutters in place and a Guardian General gas powered generator, you can enjoy peace of mind during stormy weather. Whether you're seeking a smart investment or a cozy home with potential, 5898 13th Street North is a must-see. Don't miss out on this exceptional opportunity in a vibrant community! NO HURRICANE DAMAGE! Call today and be the envy of family, friends, and neighbors.
Source: STELLAR #tb8317079
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8317079
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: #tb8317079
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.