Laura Jewett

Laura Jewett

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Closed

$450,000

($334,853 down)
FHA

3620 SW 40TH ST, West Park, FL 33023

4
2
1,167 sqft
PITI Monthly
$1,167.44 /mo

Listing courtesy of: Allison Elizabeth Conway, The Keyes Company

Assumed Rate

3.91%
7.15%

Principal & Interest

$672 /mo
$962 /mo

What's Special

SHOPPING
FAMILY-FRIENDLY

Welcome to this 4-bedroom, 2-bathroom home in West Park FL! Recently updated! All new appliances. Located in a quiet, family-friendly neighborhood with easy access to schools, lakes, shopping, and major highways, this home is a must-see. The outdoor space is ideal for entertaining or relaxing in the Florida sunshine. Don’t miss the opportunity to make this your new home. Seller is motivated.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.91
Remaining Loan Term
20 years, 6 months
Monthly PITI
$1,167.44/mo
Estimated Loan Balance
$115,739
Cash to close
$334,853
Interest Paid
$47,926

Facts & Features

Interior

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

Exterior

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

Construction

Type & Style
  • Stories:
  • Home type: SingleFamilyResidence
  • Architectural Style: OneStory
Materials
  • Block
  • Roof: Composition, Shingle
Condition
  • Year Built: 1957
Details
  • Builder:

Community & HOA

Community
  • Subdivision: LAKE FOREST SEC 3 35-15 B
  • Features: NonGated
HOA
  • Has HOA: No
Location
  • Region: West Park

Financial Details

  • Price per Sqft: $385.6
  • Tax Annual Amount: $3900
  • On Market Date: 2024-11-07T00:00:00.000Z
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 $334,853 (74%)
You can enter any amount below - secondary financing will cover the difference if needed.
74%
$

You cover the entire equity of $334,853!

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

Loan Breakdown

Assumed Mortgage3.91% Sellers Rate
$115,147
Your Cash:$334,853
Total Purchase Price:$450,000

Assumed vs Traditional Mortgage

Assumed @ 3.91%
$672/mo
Traditional @ 7.5%
$997/mo
You save $325/month ($3,901/year)

*Secondary financing rates are an estimated value based on input

MLS ID: F10470344

Listing From:

Last updated: 2025-04-02T17:43:50.000Z

© , 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

3.91%
7.15%

Principal & Interest

$672 /mo
$962 /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 $334,853 (74%)
You can enter any amount below - secondary financing will cover the difference if needed.
74%
$

You cover the entire equity of $334,853!

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

Loan Breakdown

Assumed Mortgage3.91% Sellers Rate
$115,147
Your Cash:$334,853
Total Purchase Price:$450,000

Assumed vs Traditional Mortgage

Assumed @ 3.91%
$672/mo
Traditional @ 7.5%
$997/mo
You save $325/month ($3,901/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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