Laura Jewett

Laura Jewett

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Closed

$503,000

($187,490 down)
FHA

200 NW 80th Ave, Margate, FL 33063

3
2
1,596 sqft
PITI Monthly
$2,429.32 /mo

Listing courtesy of: Darline Bazile, New Level Group

Assumed Rate

2.77%
7.15%

Principal & Interest

$1,411 /mo
$2,328 /mo

What's Special

LOCATION
SPACIOUS

Location! Location! This 3/ Margate home with additional rooms available for rent is exactly you've been searching! Featuring generously sized rooms, a garage with an automatic door opener, and a dedicated laundry area. Enjoy a spacious backyard with a fruit tree and ample space to plant more! With a roof and A/C unit both from 2016, this fantastic home is expected to sell to the right buyer.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.77
Remaining Loan Term
25 years, 9 months
Monthly PITI
$2,429.32/mo
Estimated Loan Balance
$406,063
Cash to close
$187,490
Interest Paid
$38,693

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Electric
Features
  • Materials: Brick
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: CeramicTile

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Other
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: Yes
  • Carport Spaces: 1
Water
  • Sewer: Other
  • Water Source: Other
Pool
  • Has Pool: Yes
  • Pool Features: InGround, Pool

Construction

Type & Style
  • Stories:
  • Home type: SingleFamilyResidence
  • Architectural Style: OneStory
Materials
  • Brick
  • Roof: Other
Condition
  • Year Built: 1974
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Oriole-Margate Sec 4 78-2
  • Features: NonGated, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Margate

Financial Details

  • Price per Sqft: $315.16
  • Tax Annual Amount: $7295
  • On Market Date: 2024-09-13T00:00:00.000Z
Inquire about this property

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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 $187,490 (37%)
You can enter any amount below - secondary financing will cover the difference if needed.
37%
$

You cover the entire equity of $187,490!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$315,510
Your Cash$187,490
Total Purchase Price:$503,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$1,411/mo
Traditional @ 7.5%
$2,415/mo
You save $1,004/month ($12,047/year)

*Secondary financing rates are an estimated value based on input

MLS ID: F10461012

Listing From:

Last updated: 2025-01-29T19:01:53.000Z

© , 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

2.77%
7.15%

Principal & Interest

$1,411 /mo
$2,328 /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 $187,490 (37%)
You can enter any amount below - secondary financing will cover the difference if needed.
37%
$

You cover the entire equity of $187,490!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$315,510
Your Cash$187,490
Total Purchase Price:$503,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$1,411/mo
Traditional @ 7.5%
$2,415/mo
You save $1,004/month ($12,047/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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