Laura Jewett

Laura Jewett

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Closed

$515,000

($54,051 down)
FHA

2101 NW 62nd Ave, Margate, FL 33063

4
2
1,376 sqft
PITI Monthly
$3,819.98 /mo

Listing courtesy of: Marley Vallee, ZenQuest Realty Inc

Assumed Rate

6.27%
7.15%

Principal & Interest

$2,908 /mo
$3,183 /mo

What's Special

SHOPPING
SPACIOUS
GRANITE COUNTERTOPS
STAINLESS STEEL APPLIANCES
NO HOA

Sitting on an oversized corner lot, this is a gorgeous 4 bedroom, 2 bathroom one story pool home with a fully fenced back yard perfect for the most enthusiastic entertainer. With a sparkling pool (pool pump 2024) and everything needed to create the perfect outdoor kitchen (water line is already installed running to the outdoor bar area) to top it off! Inside you'll find beautiful granite countertops paired with bright white cabinetry and stainless steel appliances. Spacious utility/laundry room located directly off of the kitchen with its very own entryway. Adding to the home's hurricane window protection its roof was installed in 2023, AC 2023 . No HOA and near restaurants and shopping as well as a water park and boat ramp!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.27
Remaining Loan Term
27 years, 11 months
Monthly PITI
$3,819.98/mo
Estimated Loan Balance
$462,921
Cash to close
$54,051
Interest Paid
$60,837

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir, CeilingFans, Electric
  • Heating: Central, Electric
Features
  • Materials: Block
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Laminate, Tile

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: Yes
  • Pool Features: InGround, Pool

Construction

Type & Style
  • Stories:
  • Home type: SingleFamilyResidence
  • Architectural Style: Ranch, OneStory
Materials
  • Block
  • Roof: Composition, Shingle
Condition
  • Year Built: 1960
Details
  • Builder:

Community & HOA

Community
  • Subdivision: IBEC ADD 7
  • Features: BoatFacilities, NonGated
HOA
  • Has HOA: No
Location
  • Region: Margate

Financial Details

  • Price per Sqft: $374.27
  • Tax Annual Amount: $4937
  • On Market Date: 2024-12-13T00:00:00.000Z
Inquire about this property

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

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Savings Calculator

Current cash to close is $54,051 (10%)
You can enter any amount below - secondary financing will cover the difference if needed.
10%
$

You cover the entire equity of $54,051!

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

Loan Breakdown

Assumed Mortgage6.27% Sellers Rate
$460,949
Your Cash$54,051
Total Purchase Price:$515,000

Assumed vs Traditional Mortgage

Assumed @ 6.27%
$2,908/mo
Traditional @ 7.5%
$3,184/mo
You save $276/month ($3,312/year)

*Secondary financing rates are an estimated value based on input

MLS ID: F10474748

Listing From:

Last updated: 2025-04-03T19:06:23.000Z

© , 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

6.27%
7.15%

Principal & Interest

$2,908 /mo
$3,183 /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 $54,051 (10%)
You can enter any amount below - secondary financing will cover the difference if needed.
10%
$

You cover the entire equity of $54,051!

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

Loan Breakdown

Assumed Mortgage6.27% Sellers Rate
$460,949
Your Cash$54,051
Total Purchase Price:$515,000

Assumed vs Traditional Mortgage

Assumed @ 6.27%
$2,908/mo
Traditional @ 7.5%
$3,184/mo
You save $276/month ($3,312/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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