12241 Perennial Pl Bradenton, FL 34211
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About this home
Welcome to this pristine, designer-inspired home in the gated community of Arbor Grande in Lakewood Ranch. This elegant 3-bedroom, 2-bath home with a versatile den is the perfect blend of luxury and functionality—offering top-tier upgrades and peace of mind features throughout in a flood zone X!!! Enjoy the benefit of a 3.21% assumable mortgage, making this an extraordinary opportunity in today’s market. Step inside to discover a light-filled, open-concept floorplan with tile and carpet flooring, soaring ceilings, and a stunning flow for entertaining. The chef’s kitchen is a showstopper, showcasing granite countertops, a Bosch ultra-quiet stainless steel dishwasher, premium appliances, ample cabinetry, and a spacious island with upgraded Crate & Barrel hammered antique pewter/brass metal down pendants—each retailing at $400. Throughout the home, you’ll find over $8,000 in upgraded lighting fixtures, all Alexa- and Siri-compatible, including: A dramatic oversized Arhaus Geode brass chandelier in the family room ($2,150 retail) A Arhaus La Cage rectangular antique brass chandelier in the dining room ($2,999 retail) A sleek West Elm perforated circular LED chandelier in the primary suite ($500 retail) Additional upgraded lighting in the office, entry, and guest bedrooms The home also features a new condenser (under warranty), and the tile roof has weathered multiple hurricanes without leaks—a true testament to quality construction. Sitting on one of the highest elevation lots in the neighborhood, this property has remained safe from street flooding year after year. Step outside to your serene screened-in lanai and enjoy Florida living at its finest. The entire backyard is enclosed with a premium black aluminum gated fence—an $8,000 upgrade that adds both beauty and security. This meticulously maintained home in Arbor Grande also gives you access to resort-style amenities, including a sparkling pool, clubhouse, fitness center, and community events that foster connection and lifestyle.
Source: STELLAR #TB8322911
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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.