Laura Jewett

Laura Jewett

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Closed

$500,000

($87,600 down)
FHA

2830 N 62nd Ave, Hollywood, FL 33024

2
2
1,524 sqft
PITI Monthly
$3,914.53 /mo

Listing courtesy of: Dave Gervase, Keller Williams Realty Profess

Assumed Rate

6.81%
7.15%

Principal & Interest

$2,722 /mo
$2,818 /mo

What's Special

OPEN CONCEPT
PARK-LIKE SETTING
SHOPPING
PATIO

Close by the end of the year and claim homestead in 2025! Priced below FHA Appraisal Value. Previous buyer's financing fell through = opportunity for you. This one checks all of the boxes. Clean Mid-Century Lines? Check! Pool? Check! Updated Kitchen & Baths? Check Check! Park-like setting actually across from a park? Check! Welcome to your new home. 2 Bedrooms and 2 Baths with den that is being used as a third bedroom. Beautiful open concept living area with large kitchen island to gather around. Quartz countertops. Lots of storage areas. And oh, the outside space! Extra large lot with plenty of room to play. Two covered, screened in patios for outdoor living. Roof 2021. Play set & sand box to convey. Close to Freeways, Airport, shopping, parks, schools.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.81
Remaining Loan Term
28 years, 5 months
Monthly PITI
$3,914.53/mo
Estimated Loan Balance
$412,780
Cash to close
$87,600
Interest Paid
$44,626

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition, Shingle
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces: 0
Water
  • Sewer: SepticTank
  • 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: Sunshine Park Estates Add
  • Features: NonGated
HOA
  • Has HOA: No
Location
  • Region: Hollywood

Financial Details

  • Price per Sqft: $328.08
  • Tax Annual Amount: $8759
  • On Market Date: 2024-08-28T00:00:00.000Z
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 $87,600 (18%)
You can enter any amount below - secondary financing will cover the difference if needed.
18%
$

You cover the entire equity of $87,600!

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

Loan Breakdown

Assumed Mortgage6.81% Sellers Rate
$412,400
Your Cash$87,600
Total Purchase Price:$500,000

Assumed vs Traditional Mortgage

Assumed @ 6.81%
$2,722/mo
Traditional @ 7.5%
$2,923/mo
You save $200/month ($2,403/year)

*Secondary financing rates are an estimated value based on input

MLS ID: F10458492

Listing From:

Last updated: 2025-01-07T18:44:41.000Z

© , 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

6.81%
7.15%

Principal & Interest

$2,722 /mo
$2,818 /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 $87,600 (18%)
You can enter any amount below - secondary financing will cover the difference if needed.
18%
$

You cover the entire equity of $87,600!

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

Loan Breakdown

Assumed Mortgage6.81% Sellers Rate
$412,400
Your Cash$87,600
Total Purchase Price:$500,000

Assumed vs Traditional Mortgage

Assumed @ 6.81%
$2,722/mo
Traditional @ 7.5%
$2,923/mo
You save $200/month ($2,403/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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