This beautifully updated move-in ready 3-bedroom, 2-bath contemporary home with a 2-car garage is ideally situated on an expansive .30-acre lot in a quiet, centrally located neighborhood. Offering 1,531 square feet under air, the home perfectly blends modern upgrades with comfort, privacy, and convenience. Built in 2006 and thoughtfully enhanced, it features a new roof installed in 2022 for added peace of mind. From the moment you step inside, you’re welcomed by a light-filled open-concept great room that immediately sets the tone for the home’s airy, inviting feel. Soaring vaulted ceilings and a neutral color palette create a bright, spacious atmosphere, while expansive sliding glass doors fill the space with natural light and provide seamless access to the outdoor living area. The generous living area easily accommodates larger furnishings and is anchored by a stylish entertainment wall. Just beyond, the dining area overlooks the main living space and flows effortlessly into the kitchen—an ideal layout for everyday living and entertaining. The kitchen showcases pendant lighting, ample cabinetry, a breakfast bar, a suite of stainless-steel appliances, and a functional design that keeps the cook connected to guests. A conveniently located laundry room just off the kitchen adds everyday practicality. This inviting primary suite features a modern, minimalist design with clean lines and warm touches. A bold accent wall behind the bed creates a striking focal point, complemented and contemporary sconces. The spacious layout includes light wood flooring, crisp white walls, and an elegant arched doorway leading to additional storage or ensuite spaces. A sleek ceiling fan adds comfort and style. The beautifully updated primary bath offers a clean, modern design with thoughtful functionality. A spacious vanity with dual sinks, sleek fixtures, and contemporary lighting is complemented by stylish framed mirrors and abundant cabinetry for storage. The walk-in shower features an impressive large-format tile wall, creating a sophisticated spa-like feel while offering easy maintenance. A separate, private water closet adds convenience and privacy. Completing the suite is a generous walk-in closet, providing ample space for organization and everyday ease. Two additional bedrooms are on the other side of the home and share a Jack-N-Jill bathroom. Outside, enjoy a covered lanai that extends to a pergola with a hot tub, perfect for relaxing or entertaining. The large backyard features shade trees and plenty of room to add a pool, creating your own private oasis. Located in vibrant Sarasota County on Florida’s Gulf Coast, North Port offers an appealing blend of natural beauty, outdoor recreation, and convenient living. The city features more than 80 miles of freshwater canals, the Myakka State Forest, abundant parks, trails, and waterways for kayaking, hiking, fishing, and nature-loving lifestyles. Residents enjoy warm year-round weather, easy access to some of Southwest Florida’s most beautiful beaches within a short drive, and community amenities like the North Port Aquatic Center, performing arts venues, and baseball at Cool Today Park, spring training home of the Atlanta Braves. With a growing population, strong community spirit, and proximity to shopping, dining, and major roadways, North Port delivers an outstanding Florida lifestyle. **PLEASE ENJOY THE 3D INTERACTIVE VIRTUAL TOUR ASSOCIATED WITH THIS LISTING**
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.
