8221 Palm Ter, Jacksonville, FL 32216
3 beds · 3 baths · 1,765 sqft
***PRICE IMPROVEMENT, bring all reasonable offers*** WELCOME HOME to this stunning two-story NEWLY REMODELED beauty. As you pull into the driveway, you'll be greeted by a new, freshly landscaped yard on nearly a half acre with mature trees, Sago Palms, Crape Myrtles & more! The story-book, wrap-around porch leads the way to a cozy living room & breathtaking fireplace. NEW, luxury-vinyl-plank flooring spans throughout the first floor and will lead you to the BRAND NEW kitchen with new appliances, new soft-close cabinets, new countertops & a spacious dining room. A LARGE laundry room & newly updated half bath are also found on the first floor. Upstairs you'll find: a luxurious owner's suite with a BRAND NEW bathroom, two guests bedrooms, an additional bathroom (also newly updated) & new carpet. The large yard offers your very own private retreat with plenty of room for get-togethers, gardening & more. Home includes a One Year Home Warranty. It's time to call 8221 Palm Terrace ''home''! Features Include: * Double Pane Windows * New HVAC System * ALL New Kitchen with new soft close, solid wood white shaker cabinets, Hardwood countertops, sink, faucet, and plumbing connections. * New Garbage Disposer * New LG Black Stainless Steel printproof appliances, with French Door Refrigerator * New Premium 8MM Cali Longboards LVP Flooring, waterproof, extra thick, 20-mil wear layer, 50 year warranty. Primo Stuff! * New Carpet and Pad in bedrooms and on stairs * New Light fixtures and ceiling fans throughout * Hall Bath -new quartz vanity top, undermount sink, faucet, lighting and mirror, new shower valve, tub drain, exhaust fan. * Master Bath: new custom tile shower, shower valve, controls, new vanity with quartz top, undermount sink and faucet, light, mirror, exhaust fan. * Half Bath: New vanity with quartz top, undermount sink, faucet, mirror and lighting, and shelving, exhaust fan. * All new interior plumbing connections, supply lines etc. * All new electrical switches and outlets * New Main Electrical Panel to code * New Garage Door Opener with remote * New Well pump and tank 2024 * 0.47 acre parcel fully fenced * New Shingle Roof - 2020 * Exterior Hardiplank Lap Siding 2020 * Exterior Paint - 2020 and 2024 * New Electric Panel 2024 * 1 Year Home Warranty
Source: REALMLS #2047808
Source: REALMLS #2047808
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: #2047808
Data provided is deemed reliable but is not guaranteed. The data relating to real estate for sale on this website comes in part from the Northeast Florida Multiple Listing Service, Inc. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2025 Northeast Florida Multiple Listing Service, Inc. All Rights Reserved.