4902 Kensington Ln Crestview, FL 32539
Your savings
About this home
*OPEN HOUSE: Sunday, November 9th ~ 10:00-2:00!* Why rent when you can OWN this beautiful & vacant 2023 built home that's nestled in the desirable subdivision of PARTRIDGE HILLS of SOUTH CRESTVIEW where the HOA fee is only $164/yr! This subdivision features underground utilities, street lights, and has only 1 entrance/exit! The ''Peach'' floor plan, by local builder, Phillips Homes, offers the perfect blend of modern convenience with timeless charm! Its inviting atmosphere & well designed layout make it perfect for entertaining! Enjoy all these wonderful interior features: the perfect open & split floor plan, 2-car garage, 4 BR, 2 BA, just shy of 1,800 sq ft, Carrara Quartz countertops and white shaker style cabinets in the kitchen and both bathrooms, LVP flooring throughout with carpet in only 1 of the 3 guest bedrooms, "Snowbound" paint color throughout, a huge kitchen island, stainless steel appliances, and a blue/white glass refrigerator that's less than a year old! The Master bathroom features a double vanity, a separate shower, a separate garden tub, and a large walk-in closet. Relax on the covered back porch and enjoy the peacefulness and privacy of no one living behind your home! Don't miss your chance to call this beautiful house your next home sweet SOUTH Crestview home! Let's set up your private tour today! *Washer and dryer convey!* *** If you are a VA buyer, the sellers have a VA assumable loan with a 5.875% rate. Loan info: " New American Funding is the loan holder. " Loan balance is $336,923.15 (as of 8/31/25) so it will be less and closer to $335,000. " Loan Interest is $1,657.24 per month " Loan Principal is $391.18 per month. " Yearly Property taxes are $2,356.61 for 2025 (around $196.38/month) " Home insurance quoted is only $885.12 per year ($73.76/month) from Affordable Home Insurance! " HOA fee is only $164 per year. ($13.67/month) " Total combined monthly payment will be around $2,332.23per month!!! ****This home is conveniently close to bases, beaches, schools, shopping, & grocery stores: * 7 miles to Duke Field AFB * 6 miles to 7th Special Forces Group - Army * 21 miles to Eglin AFB * 31 miles to Hurlburt AFB * 20 miles to Naval School Explosive Ordnance Disposal * 31 miles to Coast Guard Station Destin * 3 miles to Walmart * 3.4 miles to Lowe's * 3.8 miles to Publix * 5.9 miles to Antioch Elementary School * 5.4 miles to Shoal River Middle School * 7.6 miles to Crestview High School * 18 miles to Destin-Fort Walton Beach Airport * 30 miles to Destin Commons * 32 miles to the public beach access at The Crab Trap in Destin * 27 miles to the public beach access at The Boardwalk on Okaloosa Island in Fort Walton Beach
Source: EMERALDCOAST #981997
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.