6031 Bancroft Blvd # 4a Unit 4A Orlando, FL 32833
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About this home
One or more photo(s) has been virtually staged. Dreams do come true! Welcome to your private slice of paradise in Wedgefield! This impressive custom-built estate offers over 5,000 square feet of living space with 6 bedrooms and 6 bathrooms, beautifully set on 4.77 acres and zoned A-2, so you can bring your horses, goats, chickens and more. Built in 2004 and well-maintained, this property blends peaceful country living with modern convenience and community amenities, including an 18-hole golf course, playgrounds, sports courts and nearby Hal Scott Preserve for hiking, biking and nature lovers. A 5-foot wrought iron fence spans the 360-foot front yard with a 20-foot wrought iron electric gate and pedestrian gates on either side, while the rest of the property is enclosed with 5-foot wire fencing- ideal for animals and added privacy. The enormous front and back yards are perfect for play, gardening, entertaining and enjoying the quiet setting, and the 288 sq. ft. Tuff Shed provides excellent additional storage. Step up to the Shark Coating front porch and through the double-door entry into a grand foyer that sets the tone for the rest of the home. Gorgeous inlaid porcelain tile flows throughout the first-floor living areas, and arched vaulted ceilings add volume and elegance. To one side of the foyer is a welcoming sitting room, and to the other, a formal dining area ready for large gatherings. The spacious, open kitchen anchors the main level with granite countertops, a granite breakfast bar, recessed lighting, abundant cabinetry and a huge walk-in pantry. The open concept layout connects all the spaces, giving you endless options for arranging living, dining and entertaining spaces to suit your lifestyle. On one side of the main floor you will find a guest bedroom with its own private bathroom featuring a Jacuzzi tub with shower - great for visiting guests or multi-generational living. The opposite side of the home hosts two individual office spaces, each with its own exterior entrance and one with a half bath, creating an ideal setup for remote work, home-based business, studio or hobby spaces. The main floor primary suite is a true retreat, complete with a tranquil sitting area and separate dual walk-in closets. The expansive primary bath offers a glass-enclosed shower, luxurious Jacuzzi garden tub and dual vanities, giving you a spa-like experience at home. French doors from the main living area open out to an approximately 1,100 sq. ft. screened lanai with porcelain tile flooring and a peaceful forest view. This impressive outdoor living area includes counter space with cabinets, a sink and a convenient half bath - perfect for hosting parties, enjoying quiet mornings with coffee, or relaxing after a long day without ever leaving your property. Up the grand curved staircase, a loft area opens to a balcony overlooking the front yard, giving you yet another beautiful space to relax or gather. Four additional bedrooms extend off the loft, two on each side, and each pair of bedrooms is served by a bathroom with a Jacuzzi tub and shower. One of the upstairs bedrooms features its own private sunroom, adding even more flexible living space for a reading nook, playroom, workout area or creative studio. This home is truly impressive - offering space, serenity and versatility inside and out! Come experience the peaceful setting and spectacular location for yourself. Call today to schedule your private showing an ASK US ABOUT THE ASSUMABLE VA LOAN or LENDER PROVIDED RATE BUY-DOWN CREDIT!
Source: STELLAR #O6359787
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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.