Welcome to your private Florida retreat in the heart of Valrico. This beautifully updated, move-in ready 3-bedroom + bonus room + office, 3-bath pool home offers the perfect blend of comfort, style, and energy efficiency and all on a spacious, fully fenced non-flood zone lot just under a quarter acre. Built in 2001 and thoughtfully upgraded throughout, this beautiful single-story residence features 2,444 square feet of open-concept living designed for both everyday comfort and effortless entertaining. From the moment you arrive, you’ll notice the exceptional curb appeal with native Florida landscaping, a freshly painted exterior (2025), custom front entry door, and oversized 3-car garage. Step inside to a bright and inviting foyer that opens to expansive living spaces and picturesque views of the backyard with pool. Ceramic tile flooring installed in 2021 flows throughout the main living areas, while warm laminate wood flooring enhances the bedrooms, dining room, and office. The interior was freshly painted in 2026, giving the home a crisp, modern feel. At the center of the home, the spacious kitchen is designed to impress with 42” cabinetry, stainless steel appliances, glass tile backsplash, center island with stainless sink, breakfast bar seating, and seamless flow into the large living room. Sliding glass doors open directly to the screened lanai and pool area, creating true indoor-outdoor living. The adjacent casual dining area is filled with natural light from large windows overlooking the backyard. The split-bedroom floor plan offers privacy and flexibility. The spacious primary suite is tucked away in its own wing and features an 18’x12’ bedroom, private lanai access through sliding glass doors, dual walk-in closets, and a ensuite bath complete with split vanities, garden tub, separate tiled shower, and private water closet. On the opposite side of the home, Bedrooms 2 and 3 share a beautifully updated bathroom, while the oversized 23’x11’ bonus room provides endless possibilities as a media room, playroom, gym, guest suite, or potential 4th bedroom with the addition of a closet. A third full bath with exterior access serves perfectly as a pool bath and features an updated vanity and glass-tile shower. Outdoor living truly shines here. The massive 1,000+ square foot screened lanai surrounds the heated saltwater pool and spillover spa, offering the ultimate space for relaxing or entertaining year-round. One of the home’s most valuable features is the solar system, paid off by sellers at closing. Installed in 2023 and featuring 42 400W solar panels, this system provides significant long-term energy savings for the next owner. Additional major updates include: new roof (2019), new front door (2020), pool heater (2022), pool salt system (2023), pool plumbing (2023), new pool pump (2026), refrigerator (2024), dishwasher & microwave (2021), and oven (2019). Located in the highly desirable Lumsden Trace community, this home offers exceptional convenience being less than 2 miles from Valrico Park, and less than 4 miles from shopping, restaurants, fitness centers, and everyday essentials including Publix, Walmart, Home Depot, and LA Fitness. This is the rare combination of space, updates, location, and Florida-style outdoor living that buyers have been waiting for. Schedule your private showing today.
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.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
