8221 Nectar Ridge Ct, Odessa, FL 33556
4 beds · 3 baths · 2,383 sqft
One or more photo(s) has been virtually staged. Huge Price Reduction of $25,000. ASSUMABLE VA LOAN at a 2.25% interest rate!! Don’t Miss Out on this this stunning 4-bedroom, 3-bath Craftsman-style beauty, built by Ashton Woods in 2010, offers a cozy and elegant retreat in a hidden gem location in the Odessa area of Tampa, FL. Enjoy quick access to the Upper Tampa Bay Trail, Veterans Expressway, shops, restaurants, nearby beaches, and downtown Tampa. Top-rated schools and new charter schools are just minutes away. The spacious, open floor plan welcomes you with a grand entryway, leading past the formal dining room into a gourmet kitchen featuring 42" cabinets, a large center island, solid surface countertops, and stainless steel appliances. The kitchen overlooks the expansive great room, which boasts 8' triple sliders that open onto a screened lanai—perfect for indoor-outdoor living. With high ceilings, crown molding throughout, and designer touches, this home shows like a model. The first floor includes a private guest suite with a full bath, while tile and wood laminate flooring run throughout the home. Upstairs, The versatile loft, accented with a stone wall and full surround sound, makes for an ideal media or game room. Off the Loft you will find the luxurious master suite with impressive double trey ceilings and a spa-like bath. Step out to the large screen enclosed lanai for fresh air…Outside, enjoy the peaceful, low-maintenance backyard, complete with mature landscaping, swing set, a wooden deck, and a former pool/fish pond that could be converted to a garden. The organized garage includes a bike rack, work bench, shelving, a water softener, and even a hot/cold outdoor shower. The 85-foot-long driveway offers plenty of parking and space to play while situated on a corner lot. Just head out this small community and hop on the Upper Tampa Bay Trail that extends to the Peterson Road Park for basketball, a picnic and play on the playground. The Upper Tampa Bay Trail is 7.25 miles and is great for walking, running and roller blading and enjoying the Florida weather. Built in 2010, Roof is 14 and AC is 4 years old. Brand New Water Heater and Rainbird automated sprinkler system. This home is just perfect...It is situated in a great school district, this quiet, friendly neighborhood has no CDD fees and a low HOA...Come make it your very own! This home is ready for you to move in and enjoy today! This Lovely home did not have any damage from Hurricane Helene and no damage from Hurricane Milton!
Source: STELLAR #tb8304418
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8304418
Source: Public records
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: #tb8304418
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.