11729 Newberry Grove Loop Riverview, FL 33579
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About this home
ANOTHER PRICE ADJUSTMENT!! Welcome to your dream home in the highly sought-after Panther Trace community! This meticulously maintained 4,000 sq ft, 2-story David Weekley masterpiece offers the perfect blend of luxury, comfort, and thoughtful upgrades throughout. All four spacious bedrooms are conveniently located on the first floor, including a beautifully appointed Owner’s Suite featuring plantation shutters, updated bathtub faucets, and a private HVAC unit for personalized climate control. The home features 3.5 bathrooms, ensuring convenience for both family and guests. The second floor has the media center with custom furniture, ideal for movie nights or game days. This level is served by its dedicated air conditioning unit, while a third unit cools the main living areas. All of these areas receive annual HVAC maintenance and quarterly air filter replacements. Enjoy elegant touches throughout the home such as crown molding in the foyer, office, family room, owner’s suite, and dinette. The floors showcase rich hardwood (excluding bedrooms), while decorative window framing enhances the dining room, dinette, and family room. Step outside to your private backyard oasis—a screened saltwater pool and spa surrounded by upgraded pavers and updated outdoor lighting (2025). Other recent upgrades include: • New roof (2021) • Exterior painted (2022) • New gas water heater (2025) • New pool heater (2025) • Upgraded Sprinkler System (2025) • Modern electric fireplace with decorative backdrop • Upgraded garage doors with windows • Framed under-counter wall for added style Enjoy exceptional storage with ample overhead space above the garage, and practical enhancements like an upgraded smoke detector, ceiling fans throughout, and newer appliances including microwave, dishwasher, refrigerator, and sprinkler system. Prime Location Perfectly situated close to premier shopping, dining, MacDill Air Force Base, top-rated schools, sporting venues, and some of the best beaches in the world, this home offers not just comfort, but lifestyle. Don’t miss your opportunity to own this one-of-a-kind home in one of Riverview’s most desirable neighborhoods!
Source: STELLAR #TB8397415
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FAQs
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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.