841 VOTAW RD, Apopka, FL 32703
We are pleased to bring to market this one-of-a-kind equestrian / agriculture lake view property in the heart of Apopka on 3(+-) acres! The main house (1,620 sqft) features 3 bedrooms, 2 full bathrooms, screened pool with newer pump (2019), a split floor plan, 3 covered porches with 1 being a massive front porch overlooking the 3(+-) acre equestrian estate, new plumbing (2021), newer a/c’s (2019), newer water heaters (2019), new metal roof (2021), a water treatment system (2019), new stainless steel appliances (2020), double pane windows and doors throughout, remodeled primary bathroom (2021), remodeled kitchen (2021) with granite countertops, all wood cabinets, vaulted ceilings and custom backsplash, the vinyl siding on both the main house and detached garage/ADU (additional dwelling unit) was replaced (2022). The ADU above the garage features 425 sqft, a full bathroom, upgraded luxury vinyl plank flooring (2019) and a new stairway and deck (2020). Additional features of the house include new sod, new landscaping (2019), new landscape lighting (2019), extensive pavers (2021), new 9 zone irrigation (2019), fenced back yard (2019), new asphalt driveway (2019), gutters and drainage (2019), new railings and beam on the front porch. The pasture features new vinyl 3 rail fencing with electric fencing, 6 zones of irrigation, 50ft round pen, 200sqft run-in shed with 2 stalls, concrete fines as base with rubber matting in stalls, fans in each stall and is seasonally seeded to ensure quality for the horses. The barn, which sits on a massive 8-inch-thick foundation to ensure no cracking, is 36’x35’ (1,260 sqft) with a 18’ tall 20’ wide roll up door and additional keyless entry through tack room. 2 12’x12’ stalls with sliding doors in the barn and dutch doors leading out to paddocks. Features of the barn include hay feeders, auto water in both stalls, ¾ rubber matting in both stalls, fans for each stall, ramp out of each stall, 4’ gates at each paddock leading to pasture, a 12’x12’ tack room, a wash/saddle area outside of tack room, 20’ concrete ramp leading up to barn. The hobby shed (2021) features full insulation, air conditioning, luxury vinyl plank flooring, covered front porch with ramp and custom lighting. Additional property features include 2 chicken coops, 1 duck pond with 4” drainpipe for easy cleanout, 1 goat pen, 5 irrigation zones near hobby shed, asphalt millings parking area between hobby shed and barn, asphalt millings for driveway and a 15’ gate to access second half of property. This property has it all (including low taxes!) and is within proximity to shopping, restaurants, the theme park corridor and weekend entertainment! Don’t miss the immersive virtual tour!
You may be able to put down less than the total down payment amount of $445,008 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #o6225753
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.