Laura Jewett

Laura Jewett

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Closed

$514,900

($38,073 down)
FHA

6734 NW 1st St, Margate, FL 33063

3
2
1,275 sqft
PITI Monthly
$4,147.69 /mo

Listing courtesy of: Carl Carey, Approved Realty Solutions, Inc

Assumed Rate

7.2%
7.15%

Principal & Interest

$3,266 /mo
$3,250 /mo

What's Special

LOCATION
SHOPPING
QUIET NEIGHBORHOOD
PRICE REDUCED

PRICE REDUCED Beautiful 3-bedroom 2-bathroom home with a pool on the canal in a great quiet neighborhood!!! this home features Impact windows and doors, a big kitchen with Quartz countertops and stainless-steel appliances, tile floor throughout, both bathrooms updated beautifully, big yard fully fenced, great location, Close to shopping mall, highways. Home also has a bonus room that can be used as a play room, office, den or even a 4th bedroom. FHA and Va financing ok. no association, rental nor pet restrictions.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
7.2
Remaining Loan Term
28 years, 7 months
Monthly PITI
$4,147.69/mo
Estimated Loan Balance
$477,229
Cash to close
$38,073
Interest Paid
$48,756

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • 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: Other
  • Water Source: Public
Pool
  • Has Pool: Yes
  • Pool Features: InGround, Pool

Construction

Type & Style
  • Stories:
  • Home type: SingleFamilyResidence
  • Architectural Style: OneStory
Materials
  • Block
  • Roof: Composition, Shingle
Condition
  • Year Built: 1971
Details
  • Builder:

Community & HOA

Community
  • Subdivision: ORIOLE-MARGATE SEC TWO
  • Features: NonGated
HOA
  • Has HOA: No
Location
  • Region: Margate

Financial Details

  • Price per Sqft: $403.84
  • Tax Annual Amount: $4493
  • On Market Date: 2024-06-14T00:00:00.000Z
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 $38,073 (7%)
You can enter any amount below - secondary financing will cover the difference if needed.
7%
$

You cover the entire equity of $38,073!

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

Loan Breakdown

Assumed Mortgage7.2% Sellers Rate
$476,827
Your Cash$38,073
Total Purchase Price:$514,900

Assumed vs Traditional Mortgage

Assumed @ 7.2%
$3,266/mo
Traditional @ 7.5%
$3,371/mo
You save $105/month ($1,258/year)

*Secondary financing rates are an estimated value based on input

MLS ID: F10446070

Listing From:

Last updated: 2024-09-30T20:28:42.000Z

© , 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

7.2%
7.15%

Principal & Interest

$3,266 /mo
$3,250 /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 $38,073 (7%)
You can enter any amount below - secondary financing will cover the difference if needed.
7%
$

You cover the entire equity of $38,073!

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

Loan Breakdown

Assumed Mortgage7.2% Sellers Rate
$476,827
Your Cash$38,073
Total Purchase Price:$514,900

Assumed vs Traditional Mortgage

Assumed @ 7.2%
$3,266/mo
Traditional @ 7.5%
$3,371/mo
You save $105/month ($1,258/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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