Laura Jewett

Laura Jewett

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Closed

$354,800

($200,860 down)
FHA

525 SW 61st Ter, Margate, FL 33068

2
2
1,364 sqft
PITI Monthly
$1,699.77 /mo

Listing courtesy of: Gisa Diniz Diniz, VantaSure Realty LLC

Assumed Rate

4.46%
7.15%

Principal & Interest

$867 /mo
$1,161 /mo

What's Special

SERENE
SHOPPING
ENTERTAINMENT
DINING
MODERN
RENOVATED
PATIO
CHARMING
NO HOA

Discover Your Serene Oasis in Margate ! This charming , renovated 2-bedroom, 2- bathroom offers the perfect blend of comfort and convenience. NO HOA. Every detail has been meticulously crafted, an open kitchen w/modern cabinets, quartz counters, a large living room/dining room area and a split bedroom floor plan, bathrooms have been completely updated, title flooring throughout the house. HIGH IMPACT DOORS AND WINDOWNS , the garage was converted in a 3rd bedroom with bathroom. Private fenced in patio, space for a pool, perfect for entertainment. Nestled within a tranquil community, you'll enjoy easy access to schools, shopping, and dining. Can be rented right away. Don't miss this opportunity!!!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.46
Remaining Loan Term
23 years, 11 months
Monthly PITI
$1,699.77/mo
Estimated Loan Balance
$190,185
Cash to close
$200,860
Interest Paid
$44,185

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • 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: Yes
  • Garage Spaces: 1
  • 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
  • Roof: Composition, Shingle
Condition
  • Year Built: 1978
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Applegreen Sub 77-38 B
  • Features: NonGated
HOA
  • Has HOA: No
Location
  • Region: Margate

Financial Details

  • Price per Sqft: $260.12
  • Tax Annual Amount: $6738
  • On Market Date: 2024-12-17T00:00:00.000Z
Inquire about this property

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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 $200,860 (57%)
You can enter any amount below - secondary financing will cover the difference if needed.
57%
$

You cover the entire equity of $200,860!

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

Loan Breakdown

Assumed Mortgage4.46% Sellers Rate
$153,940
Your Cash:$200,860
Total Purchase Price:$354,800

Assumed vs Traditional Mortgage

Assumed @ 4.46%
$867/mo
Traditional @ 7.5%
$1,204/mo
You save $337/month ($4,047/year)

*Secondary financing rates are an estimated value based on input

MLS ID: F10475273

Listing From:

Last updated: 2025-02-10T16:21:00.000Z

© , 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

4.46%
7.15%

Principal & Interest

$867 /mo
$1,161 /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 $200,860 (57%)
You can enter any amount below - secondary financing will cover the difference if needed.
57%
$

You cover the entire equity of $200,860!

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

Loan Breakdown

Assumed Mortgage4.46% Sellers Rate
$153,940
Your Cash:$200,860
Total Purchase Price:$354,800

Assumed vs Traditional Mortgage

Assumed @ 4.46%
$867/mo
Traditional @ 7.5%
$1,204/mo
You save $337/month ($4,047/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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