Laura Jewett

Laura Jewett

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Closed

$260,000

($170,853 down)
FHA

1102 W Gibson St, Arcadia, FL 34266

3
1
1,226 sqft
PITI Monthly
$816.21 /mo

Listing courtesy of: Nick Point Du Jour, Grant and Associates Real Esta

Assumed Rate

4.53%
7.15%

Principal & Interest

$514 /mo
$683 /mo

What's Special

SHOPPING
DINING
SPACIOUS
MODERN
HOME OFFICE
QUIET NEIGHBORHOOD
CHARMING

Welcome to this charming 3-bedroom, 1-bath home in a quiet neighborhood. This property offers the perfect blend of comfort and convenience. Inside, you'll find a spacious living area filled with natural light, ideal for relaxing or entertaining. The kitchen features modern appliances and ample counter space for cooking. The master bedroom is a private retreat with its own bathroom, and the additional bedrooms are generously sized, perfect for family, guests, or a home office. Outside, the large backyard is ideal for barbecues, gardening, or enjoying the Florida sunshine. Located just minutes from schools, shopping, and dining, this home provides the perfect mix of small-town charm and modern amenities. Don’t miss the chance to make this house your new home!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.53
Remaining Loan Term
23 years, 5 months
Monthly PITI
$816.21/mo
Estimated Loan Balance
$89,324
Cash to close
$170,853
Interest Paid
$28,459

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 1
Cooling & Heating
  • Cooling: CeilingFans
  • Heating: Electric
Features
  • Materials: Frame, Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Laminate

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition, Shingle
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: Yes
  • Carport Spaces: 1
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories:
  • Home type: SingleFamilyResidence
  • Architectural Style: OneStory
Materials
  • Frame, Stucco
  • Roof: Composition, Shingle
Condition
  • Year Built: 1962
Details
  • Builder:

Community & HOA

Community
  • Subdivision: ROYAL HOWARD SUB
  • Features: NonGated
HOA
  • Has HOA: No
Location
  • Region: Arcadia

Financial Details

  • Price per Sqft: $212.07
  • Tax Annual Amount: $964
  • On Market Date: 2025-02-21T00:00:00.000Z
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

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Savings Calculator

Current cash to close is $170,853 (66%)
You can enter any amount below - secondary financing will cover the difference if needed.
66%
$

You cover the entire equity of $170,853!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage4.53% Sellers Rate
$89,147
Your Cash:$170,853
Total Purchase Price:$260,000

Assumed vs Traditional Mortgage

Assumed @ 4.53%
$514/mo
Traditional @ 7.5%
$709/mo
You save $194/month ($2,331/year)

*Secondary financing rates are an estimated value based on input

MLS ID: F10488258

Listing From:

Last updated: 2025-02-21T10:30:43.000Z

© , FTL. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

4.53%
7.15%

Principal & Interest

$514 /mo
$683 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $170,853 (66%)
You can enter any amount below - secondary financing will cover the difference if needed.
66%
$

You cover the entire equity of $170,853!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage4.53% Sellers Rate
$89,147
Your Cash:$170,853
Total Purchase Price:$260,000

Assumed vs Traditional Mortgage

Assumed @ 4.53%
$514/mo
Traditional @ 7.5%
$709/mo
You save $194/month ($2,331/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000

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© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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