2941 Chelsea Woods Dr Valrico, FL 33596
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About this home
Nestled on nearly an acre, this 4-bedroom, 3-bath home blends timeless charm with modern comfort and a sparkling saltwater pool. An assumable VA loan at 2.375% adds exceptional value for qualified buyers. The open living area features vaulted ceilings, a brick fireplace with custom built-ins, and a 12-foot triple-door slider that opens to a large covered lanai extending to the screened pool area—ideal for relaxing or entertaining. The kitchen offers new quartzite countertops, a tile backsplash, stainless appliances, and a propane gas stove. An adjoining bar area with skylights adds extra space for gatherings. The primary suite provides a private retreat with a renovated bath, double vanity, walk-in shower, and custom tile, plus a closet with adjustable wood shelving and a sliding barn door. Recent updates include luxury vinyl plank flooring, updated lighting and ceiling fans, a 2023 roof with hurricane clips, an energy-efficient front door (2024), and upgraded attic insulation. The fully fenced yard offers privacy and space to enjoy the outdoors, with mature trees, irrigation, a storage shed, and a two-car side-entry garage with a second refrigerator/freezer. Private well and septic (pumped 2022). Zoned for Durant High School and conveniently located near Strawberry Crest’s IB program and other school choice options. Don’t miss this rare opportunity to own in one of the area’s most desirable neighborhoods. Schedule your private showing today!
Source: STELLAR #TB8441558
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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.