Laura Jewett

Laura Jewett

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Closed

$678,000

($460,675 down)
FHA

20788 SW 89th Path, Cutler Bay, FL 33189

3
3
2,126 sqft
PITI Monthly
$2,256.83 /mo

Listing courtesy of: Victor Arturo Macaya, Complete Realty Group

Assumed Rate

4.34%
7.15%

Principal & Interest

$1,367 /mo
$1,857 /mo

What's Special

SERENE
PATIO

**Significant PRICE Improvement** **Comfort and Elegance in Cutler Bay!**Discover the perfect blend of space and style in this inviting corner-lot home, ideally positioned to capture the beauty of the sunrise. The expansive, lush backyard offers ample space for a pool and it overlooks a serene lake-perfect for outdoor entertaining or relaxation. Inside, you'll find newer installed wood-look tile floors and plush carpets in the bedrooms, and an upgraded kitchen designed for both functionality and flair. This 3-bedroom 2.5-bath also features an adaptable loft that can easily turn into a 4th bedroom, along with a convenient bathroom downstairs near backyard patio, enhancing your outdoor living experience.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.34
Remaining Loan Term
19 years, 3 months
Monthly PITI
$2,256.83/mo
Estimated Loan Balance
$300,314
Cash to close
$460,675
Interest Paid
$115,223

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir, CeilingFans, Electric
  • Heating: Central, Electric
Features
  • Materials: Block
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, CeramicTile

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Barrel
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces: 2
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Mediterranean
Materials
  • Block
  • Roof: Barrel
Condition
  • Year Built: 2005
Details
  • Builder: Centerline Homes

Community & HOA

Community
  • Subdivision: CANTAMAR
  • Features: NonGated, StreetLights, Sidewalks
HOA
  • Has HOA: Yes
  • HOA Name:
  • HOA Amenities: Unknown
  • HOA Fee: $56
  • HOA Frequency: $Monthly
Location
  • Region: Cutler Bay

Financial Details

  • Price per Sqft: $318.91
  • Tax Annual Amount: $5741
  • On Market Date: 2024-08-25T00:00:00.000Z
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 $460,675 (68%)
You can enter any amount below - secondary financing will cover the difference if needed.
68%
$

You cover the entire equity of $460,675!

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

Loan Breakdown

Assumed Mortgage4.34% Sellers Rate
$217,325
Your Cash:$460,675
Total Purchase Price:$678,000

Assumed vs Traditional Mortgage

Assumed @ 4.34%
$1,367/mo
Traditional @ 7.5%
$1,926/mo
You save $559/month ($6,709/year)

*Secondary financing rates are an estimated value based on input

MLS ID: R11015411

Listing From:

Last updated: 2024-12-03T19:00:39.000Z

© , 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

4.34%
7.15%

Principal & Interest

$1,367 /mo
$1,857 /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 $460,675 (68%)
You can enter any amount below - secondary financing will cover the difference if needed.
68%
$

You cover the entire equity of $460,675!

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

Loan Breakdown

Assumed Mortgage4.34% Sellers Rate
$217,325
Your Cash:$460,675
Total Purchase Price:$678,000

Assumed vs Traditional Mortgage

Assumed @ 4.34%
$1,367/mo
Traditional @ 7.5%
$1,926/mo
You save $559/month ($6,709/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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