8502 Village Mill Row, Hudson, FL 34667
3 beds · 2 baths · 1,771 sqft sqft
Discover tranquility in this beautifully updated 3-bedroom, 2-bath, 1,771+ sq. ft. home, nestled on a serene conservation lot with stunning views of Bear Creek. The spacious Florida room offers an additional year-round 264 sq. ft. of living space, heated and cooled by a new (2024) mini-split system—perfect for a home office or family room, where you can relax while taking in peaceful nature views with the privacy of no rear neighbors. No damage or flooding during the recent hurricanes! Enjoy direct access to the creek, perfect for kayaking or fishing right from your backyard. The home features hurricane-rated sliders that open from the den to a 350 sq. ft. covered, enclosed lanai with removable tinted side-by-side sliding vinyl windows and solar/insect screening, making it ideal for true indoor/outdoor entertaining. Outside, a charming shade tree with a swing invites you to relax, read, or simply enjoy the natural surroundings. There’s even enough space in the backyard to add a private pool. Plus, the mature landscaping is irrigated from the creek, saving on water costs. In recent years, the home has undergone significant upgrades, including an all-new kitchen with quartz countertops, new appliances, a newer AC system, waterproof luxury vinyl plank flooring throughout (tile in wet areas), a new walk-in pantry, and an eat-in kitchen island. Hurricane-rated pass-through kitchen windows to the lanai provide a view of the water. Additional features include a whole-house water softener and a convenient inside laundry room with extra storage and a utility sink. UVA-tinted solar screens in all three bedrooms and the Florida room provide extra comfort and energy savings. This home is a perfect retreat from the hustle and bustle, offering peaceful living and natural beauty, while still being close to all the conveniences you need. The inviting front porch is the perfect spot to enjoy your morning coffee. The split floor plan features a spacious living room, large bedrooms with generously sized closets, updated bathrooms, and bonus rooms. Located in the desirable Beacon Woods Village, this home is just minutes from shopping, dining, the public library, Salt Springs State Park, and Hudson Beach with its public boat ramp and easy Gulf access. An 18-hole public championship golf course winds through Beacon Woods. The Beacon Woods community amenities include a large, heated swimming pool; tennis, pickleball, and basketball courts; a pool table; an exercise room with dressing rooms and showers; a playground; shaded picnic grounds, and more. The community also offers an auditorium with a kitchen that can be rented by residents for private events. The low annual HOA fee for 2024 is $340.
Source: STELLAR #tb8302460
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8302460
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: #tb8302460
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.