1615 Poe Ave Orlando, FL 32806
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About this home
One or more photo(s) has been virtually staged. Welcome to this charming 3 bedroom, 3 bathroom POOL home with LAKE ACCESS at 1615 Poe Ave in Orlando, FL! Nestled in the desirable SODO area of Orlando, this lovely home with upgrades throughout, sits on almost 1/3 an acre lot and is bursting with natural light. You’ll find a beautifully remodeled kitchen with Brazilian quartzite countertops, Kitchen Craft soft close cabinets, newer appliances (including a double oven), a walk in pantry, an eat-in space. One of the secondary bathrooms was updated with Spanish tile, new fixtures, and it has a double sink vanity. The primary bathroom also showcases recent tile updates throughout that provide a warm and inviting retreat at the end of a long day. Other updates include front septic tank and drainfield (2020), 15 SEER A/C units (2022), exterior paint (2024), all outlet covers (2025), 5 inch baseboards throughout home (2025), plus a newly installed insulated garage door (2025). The security system is even hard wired for your added convenience and comfort. Whether you want plenty of living space for your family or for hosting parties, this home provides a living room AND an additional room that be used for a formal dining room or family room. This room features high ceilings and speaker sound system—perfect for special gatherings! It flows elegantly into the Florida room space that has large windows overlooking the oversized, beautifully manicured yard and pool area. Step outside into Florida paradise as you find a sparkling pool with brand new pool liner (2025) and spacious, lush backyard that includes a paved area to play basketball all enclosed by a new wood-grained vinyl fence. On the side of the house is a DOUBLE GATE, perfect for storing your boat or RV! PRIME location! Enjoy lake access and a strong sense of community on the Conway Chain of Lakes (a few minutes walk away). Or take a 4 mile bike ride (15 min drive) to Lake Eola park and downtown Orlando. Got the travel bug? You’d be less than a 20 min drive to the Orlando International Airport. And with the location being in SODO (short for South of Downtown), there are numerous restaurants, coffee shops, grocery and shopping options all within a few miles radius. Don’t wait - schedule your private showing today!
Source: STELLAR #O6347145
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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.