Laura Jewett

Laura Jewett

Property SearchContact
primary-1
primary-2primary-3
Closed

$350,000

($8,722 down)
FHA

5718 NW 85th Ave, Tamarac, FL 33321

2
2
1,342 sqft
PITI Monthly
$2,764.58 /mo

Listing courtesy of: Stacey Powell, Powell Realty of South Florida LLC

Assumed Rate

6.82%
7.15%

Principal & Interest

$2,245 /mo
$2,321 /mo

What's Special

SPACIOUS
MODERN
STAINLESS STEEL APPLIANCES
LOW HOA FEES
55+ COMMUNITY

Welcome to your new home in this beautifully maintained 55+ community! This spacious property features 2 bedrooms, 2 bathrooms, and a huge family room, perfect for relaxing or entertaining. The modern kitchen boasts stainless steel appliances, offering both style and functionality. Enjoy the peace of mind of living in a well-kept neighborhood with low HOA fees and no minimum credit score requirements for buyers—an incredible opportunity! This home is priced to sell, so don’t miss out on owning this gem in Tamarac. Schedule your private showing today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.82
Remaining Loan Term
29 years, 2 months
Monthly PITI
$2,764.58/mo
Estimated Loan Balance
$341,884
Cash to close
$8,722
Interest Paid
$19,456

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: CeramicTile, Vinyl

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: SpanishTile
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: Yes
  • Carport Spaces: 1
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None, Community

Construction

Type & Style
  • Stories:
  • Home type: SingleFamilyResidence
  • Architectural Style: OneStory
Materials
  • Block
  • Roof: SpanishTile
Condition
  • Year Built: 1970
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Mainlands Of Tamarac Lake
  • Features: Clubhouse, NonGated, Pool
HOA
  • Has HOA: Yes
  • HOA Name:
  • HOA Amenities: Unknown
  • HOA Fee: $70
  • HOA Frequency: $Monthly
Location
  • Region: Tamarac

Financial Details

  • Price per Sqft: $260.8
  • Tax Annual Amount: $1514
  • On Market Date: 2025-01-19T00:00:00.000Z
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 $8,722 (2%)
You can enter any amount below - secondary financing will cover the difference if needed.
2%
$

You cover the entire equity of $8,722!

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

Loan Breakdown

Assumed Mortgage6.82% Sellers Rate
$341,278
Your Cash$8,722
Total Purchase Price:$350,000

Assumed vs Traditional Mortgage

Assumed @ 6.82%
$2,245/mo
Traditional @ 7.5%
$2,322/mo
You save $77/month ($921/year)

*Secondary financing rates are an estimated value based on input

MLS ID: F10481918

Listing From:

Last updated: 2025-03-31T17:31:53.000Z

© , 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

6.82%
7.15%

Principal & Interest

$2,245 /mo
$2,321 /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 $8,722 (2%)
You can enter any amount below - secondary financing will cover the difference if needed.
2%
$

You cover the entire equity of $8,722!

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

Loan Breakdown

Assumed Mortgage6.82% Sellers Rate
$341,278
Your Cash$8,722
Total Purchase Price:$350,000

Assumed vs Traditional Mortgage

Assumed @ 6.82%
$2,245/mo
Traditional @ 7.5%
$2,322/mo
You save $77/month ($921/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

Powered By UMe.

© 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.

equal-housing

© is committed to and abides by the Fair Housing Act of Equal Opportunity.