7229 STRAWBERRY ST, Englewood, FL 34224
Who said you couldn’t find a 3 BEDROOM/2 BATH home on a DOUBLE LOT (.5 acre) at this price??? Take a look at this REMODELED home in EAST ENGLEWOOD, not in a designated flood zone so your lender will NOT require flood insurance! All new drywall walls and ceilings, all new fascia, soffit and gutters, new interior paint, mold remediation done and ductwork sanitized, courtesy of Hurricane Ian. Very OPEN FLOOR PLAN with a CATHEDRAL CEILING in the living/dining room, new ceiling fans, tiled flooring and sliding glass doors to the lanai. The kitchen has all been updated wit NEW CABINETRY with soft close doors/drawers and trash pullout, lazy susan, GRANITE COUNTERTOPS, closet walk in pantry and new ceiling fan. Full appliance package includes: NEW Hotpoint dishwasher, Kenmore double door refrigerator (2 yr. old) Whirlpool Gold smooth top stove, & NEW Whirlpool microwave. Master bedroom has updated Luxury Vinyl Plank flooring, WALK IN CLOSET, new ceiling fan, and sliding glass doors to the lanai. En suite master bath features a step in shower w/door, vanity w/cultured marble top, tiled flooring and linen closet. The guest bedrooms are on the opposite side of the house for the popular “SPLIT PLAN” design. Guest bedroom #2 (front) has carpeted flooring. Wall closet and ceiling fan and Guest bedroom #3 has Luxury Vinyl plank flooring, ceiling fan and wall closet. Guest Bathroom #2 is adjacent to the Guest bedrooms and has a combo tub/shower, tiled flooring, and vanity w/cultured marble top. Garage has a garage door opener, pull down stairs, utility tub and washer/dryer. Screened lanai has been updated with new screening also. Home is wired for wireless fiberoptic internet service through Frontier, making your internet connection fast and reliable. Vinyl fenced area in rear of house provides a safe place for the kids or Fido to play. The additional lot is a buildable lot or would be GREAT place for a detached garage, as the driveway and culvert are already in. 10’ x 16’ shed was added in 2019 and provides extra storage for lawn and garden equipment. Roof and AC system new in 2022, & water heater 2023. Within minutes of all of the area schools, BEACHES, shopping, fishing, golfing – whatever it is you moved to Florida for! Call today for an appointment to see your next home!
You may be able to put down less than the total down payment amount of $176,433 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: #d6136557
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.