1536 Reade Cir Saint Cloud, FL 34772
Your savings
About this home
ASSUMABLE MORTGAGE AVAILABLE! Nestled in the established Canoe Creek Woods community, this beautifully maintained 4-bedroom, 3-bath home offers timeless appeal and modern comfort in one of St. Cloud’s most desirable neighborhoods. Built in 1993 on a generous 0.28-acre lot, the property combines traditional craftsmanship with thoughtful upgrades, including a new roof, fresh interior and exterior paint, and new carpeting in select areas. Step inside to discover 1,932 square feet of living space designed for comfort and functionality. The open layout connects the main living areas seamlessly, creating an inviting flow ideal for family living and entertaining. The primary suite features a spa-like bathroom with shower, and spacious walk-in closets in multiple rooms. The home’s living room electric fireplace, luxury vinyl and tile flooring, ceiling fans, and central vacuum system add a touch of practicality and charm, while multiple bedrooms offer ample storage and natural light. Enjoy peaceful mornings and relaxing evenings from the screened-in rear porch overlooking a private, fenced backyard with mature landscaping and a storage shed for convenience. The home also features creek views and water access, offering a serene backdrop surrounded by nature. Located within Canoe Creek Woods Unit 11, residents enjoy the benefits of sidewalk-lined streets, a community mailbox, and a strong neighborhood atmosphere steeped in St. Cloud’s small-town heritage. The area’s history traces back to early 20th-century settlers, with the community today blending that historic charm with modern suburban growth. Just minutes from Old Canoe Creek Road, US-192, and FL-417, this home provides easy access to Lake Nona Medical City, downtown St. Cloud, and Orlando’s major attractions. Zoned for Michigan Avenue Elementary, St. Cloud Middle School, and St. Cloud High School, this property is ideal for families seeking quality education and convenience. With no CDD fees and a low HOA of just $360 annually, this residence offers outstanding value in a peaceful, well-connected neighborhood. Don’t miss the opportunity to make this home yours and experience why Canoe Creek Woods remains one of St. Cloud’s most desirable and historic communities—where comfort, location, and lifestyle come together beautifully.
Source: STELLAR #O6355263
Loan details
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.