3551 Statham Dr Apopka, FL 32712
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About this home
Prepare yourself to fall in love with this stunning, large corner lot, spacious home in a highly sought after community of Chandler Estates. This spacious 4-bedroom, 3-bathroom home captures you when you walk into the beautiful, welcoming faux painted home, as you enter the foyer which opens to a combined living room and dining room with a mixture of beautiful tiled and manufactured wood looking laminate flooring, which offers a great space for entertaining. Each bedroom and garage entrance have a beautiful alcove entering each area. This functional layout flows seamlessly into the family room and recently upgraded kitchen. The kitchen offers solid wood cabinetry, beautiful granite countertops, with a newly installed (in 2024) backsplash, a large center island, tile floors with a breakfast nook, all great for entertaining with a new dishwasher installed in 2023! Just off the kitchen area, is a spacious laundry room with newly installed cabinets (2024) and a nice folding table with bottom storage. The family room, which is also off the kitchen is ready for you to wind down at the end of day, offering plenty of space for all your family and friends. While one of the extra bedrooms, has a full bathroom off the bedroom, the other 2 bedrooms share one of the other full bathrooms. The master bathroom screams relaxation, as soon as you enter, with a large soaking tub and a large walk in shower with safety bars installed in it, along with two sink/vanities. The master bedroom offers two walk-in closets with plenty of space for all of your clothes and shoes, along with a tray ceiling giving the room a nice touch, the carpet in the master bedroom was new in 2024. Step out to a large, screened lanai/porch, (recently screened in 2024), where you can sip on morning coffee or unwind after work with our beautiful Florida evenings. The large back yard with a newly laid paver area (2024), offers a nice outdoor space, which will be great on a nice cooler evening with a fire pit gathering. roasting marsh mellows or grilling out. There is plenty of room to have a pool installed as well. Additional highlights, the home has a large 3 car garage for vehicles and storage, alarm system, exterior painting done in 2024. The home is close to shopping, restaurants and the 429 and just minutes away from beautiful Mount Dora. Put this beautiful home on your list to see and make it yours!!
Source: STELLAR #O6314005
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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.
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