7192 Paragon Rd North Port, FL 34291
Your savings
About this home
Discover the charm of 7192 N Paragon Road—a move-in ready 3 Bedroom, 2 Bath North Port home offering spacious living, thoughtful updates, and the serene lifestyle you’ve been searching for with truly a tropical backyard oasis! Thoughtfully designed and meticulously maintained, this property features a BRAND NEW AC (2025), NEW ROOF (2023), Insulated Concrete Form (ICF) Exterior Walls, R38 Attic Insulation, Double-Pane UV-Coated Windows, and a High-Quality Water Treatment System—providing lasting value, energy efficiency, and peace of mind. Step inside to a warm and welcoming layout with beautiful oak hardwood floors, an abundance of natural light from quadruple sliding glass doors, and a spacious open floor plan perfect for everyday living or entertaining. The kitchen is the heart of the home, showcasing Spanish tile flooring, wood cabinetry, stainless steel appliances, a stylish backsplash, and a cozy eat-in dining area. The split-bedroom design offers added privacy, with a generous primary suite featuring custom walk-in closets, dual vanities, a walk-in shower, and a separate soaking tub for total relaxation. Two additional guest bedrooms are tucked away with a well-appointed bathroom, ideal for family or visitors. Outside, enjoy Florida living at its best with a screened paver lanai overlooking a peaceful pond and lush tropical landscaping. The backyard is a private retreat, complete with a fire pit, outdoor swing, storage shed, and a fenced area for pets—perfect for both quiet mornings and weekend gatherings. Located in a tranquil North Port neighborhood, this home offers easy access to top-rated schools, I-75, shopping, dining, the Atlanta Braves Spring Training Facility, and beautiful Gulf Coast beaches. While the home sits in Flood Zone B, most lenders do not require flood insurance (buyer to verify with their lender and insurance provider). Whether you're seeking a full-time residence or a smart investment opportunity, this home checks all the boxes. Don’t miss your chance to own this tropical retreat—check out the virtual tour and schedule your private showing today!
Source: STELLAR #D6133183
Loan details
Neighborhood
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.