Laura Jewett

Laura Jewett

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Closed

$555,000

($224,241 down)
FHA

2203 Mckinley St, Hollywood, FL 33020

N/A
N/A
1,457 sqft
PITI Monthly
$2,633 /mo

Listing courtesy of: Cliff Glansen, FlatFee.com

Assumed Rate

2.84%
7.15%

Principal & Interest

$1,460 /mo
$2,387 /mo

What's Special

MOTIVATED SELLER

MOTIVATED SELLER!! Multifamily Property on Full Corner Lot! TWO Separate houses! Property is ZONED for up to 6 Townhouse units. Property can also be divided into 2 parcels. Large home utilized as a 3/1 needs few upgrades. Smaller house is an upgraded larger 1/1 built in 1976. Good Roofs! Both houses have separate meters, driveways, fenced in yards. Carport can convert to additional units! AIRBNB POTENTIAL! MUST SEE TO APPRECIATE. GREAT RENT!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.84
Remaining Loan Term
26 years, 7 months
Monthly PITI
$2,633/mo
Estimated Loan Balance
$348,427
Cash to close
$224,241
Interest Paid
$33,051

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms:
  • Bathrooms:
Cooling & Heating
  • Cooling: WallWindowUnits
  • Heating: WallFurnace
Features
  • Materials: Block
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Other

Exterior

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

Construction

Type & Style
  • Stories:
  • Home type: Duplex
  • Architectural Style: Unknown
Materials
  • Block
  • Roof: Composition, Shingle
Condition
  • Year Built: 1955
Details
  • Builder:

Community & HOA

Community
  • Subdivision: HOLLYWOOD PARK
  • Features: NonGated
HOA
  • Has HOA: No
Location
  • Region: Hollywood

Financial Details

  • Price per Sqft: $380.92
  • Tax Annual Amount: $9072
  • On Market Date: 2024-06-04T00:00:00.000Z
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.

Apply now

Savings Calculator

Current cash to close is $224,241 (40%)
You can enter any amount below - secondary financing will cover the difference if needed.
40%
$

You cover the entire equity of $224,241!

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

Loan Breakdown

Assumed Mortgage2.84% Sellers Rate
$330,759
Your Cash$224,241
Total Purchase Price:$555,000

Assumed vs Traditional Mortgage

Assumed @ 2.84%
$1,460/mo
Traditional @ 7.5%
$2,476/mo
You save $1,016/month ($12,198/year)

*Secondary financing rates are an estimated value based on input

MLS ID: F10444116

Listing From:

Last updated: 2024-09-30T21:33:22.000Z

© , 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

2.84%
7.15%

Principal & Interest

$1,460 /mo
$2,387 /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 $224,241 (40%)
You can enter any amount below - secondary financing will cover the difference if needed.
40%
$

You cover the entire equity of $224,241!

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

Loan Breakdown

Assumed Mortgage2.84% Sellers Rate
$330,759
Your Cash$224,241
Total Purchase Price:$555,000

Assumed vs Traditional Mortgage

Assumed @ 2.84%
$1,460/mo
Traditional @ 7.5%
$2,476/mo
You save $1,016/month ($12,198/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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