7183 HEATHER SOUND LOOP, Wesley Chapel, FL 33545
LISTING AGENT WILL CONTRIBUTE $3,000.00 TOWARDS BUYERS CLOSING COSTS & PREPAIDS. Welcome to 'The Gardens,' a gated community nestled within the Watergrass neighborhood. This home grants you exclusive access to a wealth of luxury amenities, including a clubhouse, gym, tennis courts, playground, and not one, but three swimming pools. This exquisite home offers 5-bedrooms, 4.5-bathrooms and an impressive 4,235 square feet of luxurious living space. Built in 2015 by the renowned luxury builder Bakerfield, this masterpiece represents the Cordova home model, elevated to new heights with a multitude of carefully curated upgrades. This home boasts a prime location adjacent to a conservation area on its left side, providing you with one of the most private lots in the entire community. Upon entering, you'll be greeted with 8-foot doorways and soaring 12-foot ceilings that create an immediate sense of spaciousness. Dark, rich real wood floors flow seamlessly throughout, lending an air of sophistication to this remarkable home. The formal dining room features coffered ceilings, adding an elegant touch to your dining experience. The heart of this home is the chef's dream kitchen, boasting real wood cabinets, granite countertops, and top-of-the-line Professional KitchenAid appliances. A generously sized island provides ample workspace, and an upgraded coffee bar is a delightful addition for coffee connoisseurs. Abundant cabinet space ensures your culinary essentials are neatly organized. The open living room is adorned with a captivating stone wall and a built-in entertainment center. The kitchen/living room combo offers an ideal setting for entertaining friends and family, with sliders providing direct access to the rear patio. The back patio is an oasis of its own, complete with a convenient half bathroom for guests. Step through the double doors to discover the owner's suite, featuring an extra-large wing with direct access to the patio. The owner’s suite also offers a bonus corner perfect for morning coffee, reading, or lounging. Sunlight bathes the entire home, infusing it with warmth and positivity. The master bathroom is a sanctuary with tile flooring, a sumptuous soaking tub, a walk-in shower with built-in shower heads, including a rainfall shower head. Two sizable walk-in closets with real wood flooring and built-in shelving cater to your wardrobe needs. A double vanity adds practicality to luxury. From the master bathroom, you have direct access to the laundry room, ensuring convenience at its finest. The first floor also includes three additional guest bedrooms and two full bathrooms, providing space and comfort for guests or family members. Upstairs, a bonus loft is perfect for entertaining, while a custom movie theater awaits, complete with surround sound, a subwoofer, and wiring for electronic blinds. A built-in granite counter and wet bar with a mini fridge ensure your guests are entertained in style within the movie theater. The second floor also houses another guest bedroom and a full bathroom. Step onto the covered balcony, a private retreat with scenic views of the pond, trees, and conservation lot to the left, creating a serene backdrop for relaxation. Why wait for new construction when this luxury custom home is available now? Your dream home awaits!
You may be able to put down less than the total down payment amount of $517,063 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #t3477520
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.