1416 Leighton Ave Lakeland, FL 33803
Your savings
About this home
Welcome to 1416 Leighton Avenue, Lakeland, FL 33803—a home where every detail is designed for comfort, style, and unforgettable gatherings! THIS HOME WAS COMPLETELY REMODELED AND UPDATED IN 2022. Step into the spacious living room, highlighted by a stunning one-of-a-kind floor-to-ceiling brick fireplace, or head outside through beautiful French doors onto the screened rear porch. This inviting space overlooks a generously sized backyard oasis, perfect for relaxing or entertaining year-round. Enjoy Florida living at its finest with an in-ground pool, complete with a safety fence for peace of mind. Host summer barbecues or unwind on the deck beneath the gazebo, surrounded by privacy screens along the back fence for your own secluded retreat. Inside, the gourmet kitchen features shaker-style cabinets with soft-close doors and drawers, an island, and a breakfast bar—ideal for both chefs and entertainers. The primary suite offers a walk-in closet and a luxurious en suite bath with double sinks, a Whirlpool tub, and a spa-like shower. The main bathroom boasts a double sink quartz countertop, a sleek shower-tub combo with glass enclosure, and direct access to the rear screen porch. An inside laundry room can double as a mud room, adding convenience and extra storage. NO HOA! Located minutes from Lake Hollingsworth, local supermarkets and shopping centers, this home puts you at the heart of Lakeland’s best. Don’t miss your chance to own this entertainer’s paradise—1416 Leighton Avenue is ready to welcome you home!
Source: STELLAR #TB8385766
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
If you find a better price on any home, we’ll match it.
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.