14011 S 177th West Ave Kellyville, OK 74039
Your savings
About this home
**AUCTION PROPERTY** TAKING OFFERS NOW Welcome to this exquisite equestrian ranch located in Kellyville, with easy access to the Turner Turnpike, and just 20 minutes from Tulsa. This would be a wonderful turnkey business opportunity or just enjoy this equine oasis all to yourself! The two-story estate home includes 4 bedrooms, 2.5 bathrooms, 2 living areas, and a sunroom. The home features crown molding, hardwoods and tile floors throughout. The master bedroom boasts a tray ceiling with double crown molding and the master bath contains two walk-in closets. The kitchen features a huge pantry and island, and a window that overlooks a small barnyard to enjoy chickens, goats, or sheep. There is an in-ground gunite pool with fountain and hot tub in fenced backyard. The land is fenced and cross-fenced into 12 separate pastures. Each pasture is equipped with its own run-in horse shelter. This is a corner lot with two separate gated entries, one is electrically gated for main house, and one manually gated entrance to the red barn. This property features two large barns, each with their own indoor, fully enclosed lighted riding arenas and attached stalls, tack rooms, feed rooms, and fun equine accessories. There is also a pond with a scattering of trees on the perimeter. The red barn’s arena is 110' by 50' and has 13 attached stalls. There are 3 tack rooms and one feed room. An above ground 8 person storm shelter is inside the red barn with half bath as well. The white barn has a 60' by 120' arena with 4 attached stalls and a tack room. It has a large L-shaped outdoor lighted arena adjacent to it. There is also a 30' by 30' by 12' lighted shop built in 2022, with large overhead door measuring 16' by 10'. There are solar panels that have reduced electric bills to a minimal amount. Don't miss out on the opportunity to own this incredible property!
Source: MLSTECHNOLOGY #2544788
Loan details
Neighborhood
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.