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825 N Johnson Ave

Arcadia, FL 34266

3 beds · 2 baths · 2,737 sqft

$475,000

$2,341/mo at 2.375% with Roam

$3,105/mo at 7% with a bank loan

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About this home

Under contract-accepting backup offers. Convenience and Beautiful describe this spacious 3/2/2 custom built home situated on a large beautifully landscaped parcel of land. The lot is just shy of 2 acres of peaceful quiet with small stream but located within the City Limits of Arcadia. This one owner home features large open spaces made for entertaining and large family gatherings. You will enjoy the open kitchen and family room concept with a bricked wood burning fireplace as a focal point. The kitchen has a dinette area, much counter space and storage. This home also has a formal living and dining room combo. The master suite is spacious and the bath boasts double sinks with dressing area between and a large tiled shower. The brightest area of the home is the extra large Florida Room filled with an abundance of natural light and looks out onto beautifully landscaped lawn. The yard features a gazebo type building with potting room attached. Got stuff/junk, no problem. There is an enclosed storage building that measures 24X30 and a pole barn measuring 20X42 that is perfect for storing your boat, lawn equip, travel trailer etc. Call today to book your private tour!!!!

2,737 sqft
1.82 acres
Single Family
Built in 1986
2 car garage
Air conditioning
Fireplace

Source: STELLAR #C7475392

Neighborhood
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FAQs

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.

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.

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.

When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.

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Last updated: Aug 08, 2025 01:13 am
Listing provided courtesy of: TURNER REALTY, INC. (863) 494-4777
Details provided by STELLAR and may not match the public record.
MLS ID: #C7475392
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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