7828 Stonebrook Cir, Wesley Chapel, FL 33545
3 beds · 2 baths · 1,587 sqft
Under contract-accepting backup offers. ASSUMABLE 2.5% INTEREST RATE! Home Buyers are encouraged to inquire for more details. Welcome to Stonebrook at the Watergrass Community! The Siesta floor plan home has a POND VIEW, an open floorpan with three bedrooms, two full bathrooms, a two car garage and 1,587 sq. Ft. of open living space. The kitchen has white cabinets, granite countertops facing the living room, which makes the perfect space for gatherings and hosting guests. Your favorite part about this home will be the pond view from the screened-in lanai and living room with a three panel glass slider. The primary suite is 15x 13 ft. and located in the back of the house, with a perfectly positioned window facing the pond. Wake-up in the morning and enjoy the beautiful view before you even get out of bed. The bedroom is separate from all other rooms. It has a tray ceiling, a large walk-in closet, a large en-suite bathroom featuring a walk-in shower with glass door, and a granite countertop with double sinks. The second bedroom is located in the center of the home and can easily be converted to a home office (with walk-in closet) because it has classic French doors. The third bedroom is on the opposite side of the home and has easy access to the garage. This property is located in close proximity to all the best of Wesley Chapel! Just a two minute drive from the Epperson Lagoon, great schools The Watergrass Community has a low HOA: only $87 annually, and $232 monthly for the Stonebrook HOA (covers exterior, lawn maintenance. roof, ext.insurance, etc.).The Watergrass Community includes many amenities such as 3 pools, a six-lane Olympic pool, a splash pad, a fitness center, a clubhouse, tennis and basketball courts, playgrounds, and dog parks. This property is located in close proximity to all the best of Wesley Chapel! Just a two minute drive from the Epperson Lagoon, and great schools, such as: Innovation Preparatory Academy, Watergrass Elementary School & Wesley Chapel Elementary. The Kirkland K-8 Charter School just a few blocks away and opening this summer! The closest middle school is Thomas Weightnman Middle School. The nearest high schools are Kirkland Academy of Innovation High School and Wesley Chapel High School. This home is located 10 minutes away from KRATE (the new outdoor mall) and the Sara Van Berg Tennis Center (hello pickleball nights), along with premium shopping and restaurants. Downtown Tampa and the Tampa International Airport are only 35 minutes away, with Orlando and Walt Disney World only 90 minutes away. Book a tour today! Video tour available upon request.
Source: STELLAR #t3541462
Source: STELLAR #t3541462
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
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.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
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.
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.
MLS ID: #t3541462
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.