6711 Mauna Loa Blvd, Sarasota, FL 34241
3 beds · 2 baths · 1,501 sqft
Discover the perfect blend of comfort, style, and convenience in this beautifully maintained 3-bedroom, 2-bath home, ideally located in the desirable Lake Sarasota community. As you step through the front door, you are immediately welcomed by the expansive great room, where a soaring cathedral ceiling with a striking wood beam adds both architectural interest and an airy, open feel. Natural light floods the space, creating a warm and inviting atmosphere that makes this home perfect for both everyday living and entertaining. This home has been thoughtfully updated to ensure both beauty and function. A NEW roof installed in November 2021 and NEW impact-resistant windows added in 2022 offer peace of mind and added energy efficiency, while kitchen appliances replaced in 2019 bring modern convenience to the heart of the home. The HVAC system was updated in 2015, ensuring reliable comfort year-round. The kitchen is truly a standout, designed with both aesthetics and functionality in mind. Gleaming granite countertops, a custom-tiled backsplash, and crisp white cabinetry create a fresh, contemporary look. The open layout seamlessly connects the kitchen to the dining and living areas, making it easy to entertain or keep an eye on family activities. The tile flooring throughout the main living spaces not only adds a sleek, clean look but also ensures low-maintenance living for busy households. One of the home’s standout features is the enclosed lanai, which has been outfitted with air conditioning, making it a comfortable and versatile space year-round. Whether you're sipping your morning coffee or enjoying a quiet evening, this space offers a perfect view of the fully fenced backyard, which provides plenty of room for gardening, outdoor activities, or hosting gatherings. The private backyard is designed for both relaxation and entertaining, offering a peaceful retreat from the hustle and bustle of daily life. Additional conveniences include a spacious 2-car garage, offering plenty of room not only for your vehicles but also for tools, bikes, and extra storage. Whether you need a place for weekend projects or additional storage space, this garage has you covered. The location is another highlight of this home, with its proximity to all that Sarasota has to offer. Situated just 5 minutes from I-75, your commute is made easy, while UTC, with its abundant shopping and dining options, is just 15 minutes away. For beach lovers, Siesta Key's world-renowned sandy shores are just a short 20-minute drive, making it easy to enjoy Florida’s sun and surf whenever the mood strikes. Don’t miss this rare opportunity to own a thoughtfully updated and meticulously maintained home in one of Sarasota’s most convenient locations. Schedule your private tour today and experience the perfect blend of comfort, convenience, and style that this wonderful property has to offer!
Source: STELLAR #A4622997
Financials
Source: STELLAR #A4622997
Source: Public records
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%. 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.
Other resourcesWhat 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.