140 Pintoresco Dr, Saint Augustine, FL 32095
4 beds · 4 baths · 2,902 sqft sqft
NO CDD BOND in prestigious Madeira neighborhood of St. Augustine, for this home crafted by Elacora Builders in 2016. This stunning home, set on one of the largest lots in the community at 1/3 of an acre, embodies modern elegance and eco-friendly living. Key Features: Spacious Living: Enjoy generous living spaces designed for both relaxation and entertainment. The open floor plan is perfect for modern living, with an abundance of natural light streaming through large windows. Eco-Friendly Amenities: Embrace sustainable living with solar panels that significantly reduce energy costs and a tankless hot water heater providing endless hot water on demand. Gourmet Kitchen: The chef's kitchen is a culinary dream, gas cook-top, custom cabinetry, and a large island ideal for gatherings. Luxurious Bedrooms: Retreat to the serene primary suite, offering a spa-like bathroom and ample closet space. Additional bedrooms are well-appointed, providing comfort and privacy for family and guests. Ample Storage: The two-car garage with a tandem third bay offers plenty of room for vehicles and storage. Additionally, easy access to the attic on the second floor provides even more storage options. Outdoor Oasis: The expansive backyard, set on one of the neighborhood's largest lots, invites you to create your own outdoor paradise. There's plenty of room for a pool, garden, or play area. Community and Convenience: Located in the highly desirable Madeira neighborhood, this home offers a serene suburban lifestyle with easy access to St. Augustine's historic downtown, beautiful beaches, and top-rated schools. Experience the perfect blend of luxury and sustainability at 140 Pintoresco Dr. This exceptional home is a rare find in one of St. Augustine's most sought-after communities. Don't miss the opportunity to make it yours!
Source: REALMLS #2040206
You may be able to put down less than the total down payment amount of $441,170 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Interest rate and monthly payment estimated based on public records.
Source: REALMLS #2040206
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.
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: #2040206
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