Welcome to a beautifully updated pool home in the heart of the highly sought-after Disston Heights neighborhood of St. Petersburg. This charming residence blends timeless character with an extensive list of modern upgrades, offering comfort, style, and peace of mind in a prime central location just minutes from downtown, Gulf beaches, and local favorites. Inside, you’ll find a light-filled interior with a warm and inviting feel, enhanced by thoughtful updates throughout. The kitchen has been tastefully renovated with new cabinetry, butcher block countertops, stainless steel appliances—including a brand new refrigerator—and a stylish tile backsplash. The bathroom was fully updated in 2022, featuring a new shower, vanity, toilet, mirror, and lighting, creating a clean, modern space. Throughout the home, new bamboo hardwood flooring and baseboards flow seamlessly, complemented by fresh interior paint in the main living areas, bonus spaces, and laundry area—truly move-in ready. Beyond the interior, this home continues to impress with significant system and structural improvements. All windows are hurricane-impact rated up to 150 mph and paired with shutters (2023), offering enhanced protection and energy efficiency. Additional upgrades include new doors, all new fans and lighting fixtures (excluding the garage), updated outlet and switch covers, a modern security system with electronic lock, and custom closet systems in both bedrooms along with added hall storage shelving for optimal organization. Step outside to a private backyard retreat designed for both relaxation and entertaining. Enjoy the pool and surrounding outdoor space featuring updated fencing, a storage shed and rock and rubber landscaping —perfect after a beach day or bike ride. The exterior was freshly painted in 2022, enhancing curb appeal. For added peace of mind and efficiency, the pool system has been thoughtfully upgraded with a new filter and variable-speed pump (2025), along with a new salt cell and updated electrical panel (2026). This home has been meticulously maintained and thoughtfully improved throughout. Located in centrally positioned Disston Heights, the property offers quick access to everything St. Petersburg has to offer while maintaining a quiet residential feel. With its extensive upgrades, modern systems, and unbeatable location, this is a true move-in-ready opportunity.
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.
