801 Mcmahon Ave NW, Port Charlotte, FL 33948
3 beds · 2 baths · 1,748 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Your Dream Home Awaits! Spacious 3-Bedroom Gem on a Corner Lot with Major Upgrades! If you’ve been searching for a home that combines style and comfort this, is it! Nestled on a generous corner lot in the heart of Port Charlotte, this beautifully upgraded 3-bedroom, 2-bathroom concrete block home offers an open layout, high-end finishes, and a backyard designed for relaxation and entertaining. With no HOA restrictions, extra parking, and big-ticket upgrades already completed, this home is truly move-in ready! Brand New Roof – Installed for peace of mind and long-term durability, New Impact Windows – Providing energy efficiency, safety, and storm protection, New Electrical Box – Modernized to meet today’s safety standards, RV Hookup – Conveniently installed outlet to plug in your RV, Freshly Painted – Interior & Exterior painted in stylish, neutral tones. From the moment you walk in, you’ll feel the warmth and character of this thoughtfully designed home. The open-concept living and dining areas are flooded with natural light, creating an inviting atmosphere for everyday living and entertaining. NO carpet here! Sleek, durable flooring flows throughout the home, making maintenance a breeze. The heart of the home is a well designed and spacious kitchen, which features beautiful wood cabinetry, high-end stainless steel appliances, including a smart refrigerator. Whether you love to cook gourmet meals or just need a functional space for your daily routine, this kitchen delivers both style and practicality. The spacious primary bedroom is a true retreat, offering plenty of room to unwind. The completely updated en-suite bathroom boasts a Bluetooth-enabled music/fan/light system, fresh shower tile, elegant wainscoting, and waterproof vinyl flooring for a spa-like experience every day. Two additional large bedrooms provide flexible living space for family, guests, or even a home office. A second full bathroom ensures convenience and comfort for everyone. Love extra space? You’ll appreciate the multi-purpose sunroom, which can be used as a cozy den, a home office, a playroom, or even a gym. With plenty of windows, this space is bathed in natural light, making it a perfect retreat any time of day. Step outside to your private, fenced backyard, where a paver patio offers the perfect spot for grilling, dining, or simply relaxing under the Florida sun. Mature landscaping adds to the charm, while an outdoor shower is a great bonus for beach days or working in the yard. The side-loading garage includes a built-in workbench and storage area, making it an excellent space for DIY projects or extra organization. Need parking for a boat, RV, or other recreational toys? This property has a dedicated RV hookup and plenty of extra space to accommodate your needs. Located in a friendly, established neighborhood, this home is just minutes from shopping, dining, schools, parks, and the stunning Florida coastline. Enjoy easy access to boating, fishing, and all the outdoor activities that make Port Charlotte a sought-after destination. This move-in-ready home is packed with upgrades and priced to sell. Don’t wait—schedule your showing today and make it yours!
Source: STELLAR #A4642997
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.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #A4642997
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.
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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.