Laura Jewett

Laura Jewett

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$469,000

($79,238 down)
FHA

4960 SW 6th St, Margate, FL 33068

3
2
1,476 sqft
PITI Monthly
$3,506.17 /mo

Listing courtesy of: Nichole Lathrop, The Keyes Company

Assumed Rate

6.27%
7.15%

Principal & Interest

$2,454 /mo
$2,686 /mo

What's Special

DINING
RENOVATED
LUXURY
STAINLESS STEEL APPLIANCES

This dream home is eligible for up to $50K in down payment assistance! Call to find out if you qualify and make this beautifully renovated home in the heart of Margate yours. Thoughtfully updated 3-bedroom with a versatile bonus room includes luxury vinyl flooring, while kitchen boasts sleek two-toned cabinetry, stainless steel appliances, and gorgeous countertops. Designed for seamless living, the open layout connects the kitchen, dining, living, and outdoor spaces while still offering a split primary bedroom for privacy. Both bathrooms have new vanities and stylish fixtures. Beyond aesthetics, this home is packed with highly desirable features including natural gas, impact windows, and a whole-house water filtration system for enhanced comfort & efficiency. Don’t miss this opportunity!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.27
Remaining Loan Term
27 years, 11 months
Monthly PITI
$3,506.17/mo
Estimated Loan Balance
$390,589
Cash to close
$79,238
Interest Paid
$51,331

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir, CeilingFans, Electric
  • Heating: Central, Electric
Features
  • Materials: Block, Stucco
  • 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: Yes
  • Carport Spaces: 1
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, Stucco
  • Roof: Composition, Shingle
Condition
  • Year Built: 1961
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Margate Estates Sec Three
  • Features: NonGated, StreetLights, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Margate

Financial Details

  • Price per Sqft: $317.75
  • Tax Annual Amount: $7250
  • On Market Date: 2024-10-30T00:00:00.000Z
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 $79,238 (17%)
You can enter any amount below - secondary financing will cover the difference if needed.
17%
$

You cover the entire equity of $79,238!

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

Loan Breakdown

Assumed Mortgage6.27% Sellers Rate
$389,762
Your Cash$79,238
Total Purchase Price:$469,000

Assumed vs Traditional Mortgage

Assumed @ 6.27%
$2,454/mo
Traditional @ 7.5%
$2,687/mo
You save $233/month ($2,795/year)

*Secondary financing rates are an estimated value based on input

MLS ID: F10469033

Listing From:

Last updated: 2025-03-20T20:45:45.000Z

© , 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

$2,454 /mo
$2,686 /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 $79,238 (17%)
You can enter any amount below - secondary financing will cover the difference if needed.
17%
$

You cover the entire equity of $79,238!

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

Loan Breakdown

Assumed Mortgage6.27% Sellers Rate
$389,762
Your Cash$79,238
Total Purchase Price:$469,000

Assumed vs Traditional Mortgage

Assumed @ 6.27%
$2,454/mo
Traditional @ 7.5%
$2,687/mo
You save $233/month ($2,795/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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