6153 Pennell St, Englewood, FL 34224
3 beds · 2 baths · 1,872 sqft
The quintessential home for buyers searching for a cozy Florida winter escape awaits within the walls of this charming residence, nestled on a quiet street in the heart of sunny Englewood. Designed with the concept of easy Florida living as paramount, this elegant and meticulously maintained house is just waiting for you to call it 'home.' Upon entry, guests will appreciate its abundant natural light and a cheerful color palette that, when combined, create an eye-appealing, light-filled ambiance throughout the home. At the heart of this charming residence is a well-appointed, eat-in kitchen with abundant cabinetry, a large pantry closet to accommodate your food storage needs, and a breakfast bar for additional seating when needed. Sliders grace the living room and open to a spacious lanai--your private oasis, blurring the line between indoor and outdoor living, thus capturing the essence of laid-back Florida living. There is ample room to arrange furniture in conversation-friendly arrangements, encouraging guests to relax and enjoy the balmy Florida breezes. Just beyond is a fenced backyard, an ideal space for your furry friends. A convenient flex room is currently used as a dining room, but its location allows it to be used alternately as a convenient home office/den or a secondary living area. The Primary bedroom and its ensuite bath are a welcome respite after a sun-kissed day at Englewood Beach. The ensuite bath offers a relaxing Jacuzzi tub, a shower, and a large walk-in closet. The guest bedrooms were designed to accommodate guests in comfort and privacy. They share a guest bath with a handicap-accessible shower. Other notable improvements include a new metal roof, gutters, and fresh exterior paint. This home's tranquil and private setting is within a short drive of pristine Gulf beaches on Manasota Key. Another short drive will lead you to the lively and historic Dearborn Street to explore eclectic shopping venues, savor the local dining options, and enjoy productions at the new outdoor amphitheater. Residents and visitors regularly delight in fresh produce and unique offerings while visiting Dearborn Street's expansive farmer's markets. This home invites you to relax, unwind, and enjoy a vacation state of mind. Who knew that living this close to the beach could be this affordable? Call today to schedule a private showing, and prepare to be captivated by this friendly, dynamic community where every day is a vacation!
Source: STELLAR #D6140051
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Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #D6140051
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.