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$469,000 SIGNIN

Sign in to see required down payment for the 3.76% rate

728 Greybull Run, Lake Mary, FL 32746

3 beds · 4 baths · 2,295 sqft

Welcome to Grande Oaks at Heathrow! This spacious 3-bedroom, 3.5-bathroom townhouse, located in the highly desirable Lake Mary area, is ready for you to call home. With 2,295 square feet, this open and airy floor plan is the original Magnolia signature model. Built for durability, the town home boasts concrete block construction on all three levels, poured concrete floors, and steel framing, ensuring structural stability and peace of mind. As you enter through the front patio, you’ll find a spacious BONUS ROOM on the first floor. This versatile space includes a full bathroom, convenient under-stair storage, and direct access to the garage. It offers endless possibilities—whether you need a home office, game room, or additional bedroom. French doors open to the patio, creating a seamless flow between indoor and outdoor spaces. The second floor is the entertainment area of the home, featuring an expansive living room, dining area, kitchen, Butler’s pantry, half bath, and two balconies! The living room offers flexibility for different furniture arrangements, while French doors open to a balcony. The natural light complements the warm tones of the kitchen and large dining area, which flows into the second balcony—perfect for relaxing and soaking up the sun while enjoying coffee or yoga. The kitchen features 42” chestnut brown wood cabinets, granite countertops, stainless steel appliances, and a spacious walk-in pantry. The primary suite, two additional bedrooms, a full bathroom and laundry closet are located on the third floor. The generous size of the primary suite offers ample space for a sitting area alongside large bedroom furniture. The walk-in closet is equally spacious with a window to make it bright and inviting. The en-suite bathroom includes dual vanities, granite countertops, a garden tub, a separate shower, and a private water closet. Items to note: Roof (HOA is replacing), 8 foot doors, GREAT location inside the community. With resort-style amenities, at Grande Oaks at Heathrow you can enjoy the pool, hot tub, fully equipped fitness center, clubhouse, playground, paved sidewalks, and a scenic pedestrian bridge over the pond with beautiful lighted fountains. LOCATION! LOCATION! Convenience at its finest! Walk to COLONIAL TOWNPARK shopping center to watch a movie, dine at one of the numerous restaurants or enjoy a day of shopping. Zoned for some of the best schools in Seminole County! Destinations like Disney, the airport, Orlando, and the beach are easily accessible with this being close to the I-4, 417, and the 429. Call to make your appointment to view today!

Estimated
Seller's interest rate
3.76%
7%
Estimated
Monthly payment

$2,327
$2,834
You may also save up to $164,481 in total interest paid.

Learn about how it works

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.

Financials
Seller’s estimated current equity is SIGNIN
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with gap financing.
Estimated $2,834 monthly payment

Financed
SIGNIN
Location
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Loan details
Loan type
FHA
Rate
3.76%
Remaining term
27 yrs
Remaining balance

Source: Public records

Monthly payment

All values shown are estimated costs / mo.

Total
$2,327
Principal & interest
$1,273
Mortgage insurance
$194
Property taxes
$174
Home insurance
$426
HOA fees
$258
Utilities
Not included

Source: Public records

Home details
Size
2,295 sqft
Lot size
0.03 acres
Year built
2007
Type
Townhouse
HOA dues
$258.00

Source: STELLAR #O6293558

Qualify

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.

Resources
Frequently asked questions

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.

View all FAQs
Last updated: Apr 18, 2025 07:21 am
Listing agent: Amber Pratt (407) 921-8083
Listing provided courtesy of: PRATT REALTY INC (407) 921-8083
Details provided by STELLAR and may not match the public record.
MLS ID: #O6293558
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.
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