Laura Jewett

Laura Jewett

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Closed

$265,000

($101,976 down)
VA

6825 NW 14th St, Margate, FL 33063

2
1
1,061 sqft
PITI Monthly
$966.76 /mo

Listing courtesy of: Mariene Menin, Coldwell Banker Realty

Assumed Rate

2.83%
7.15%

Principal & Interest

$742 /mo
$1,215 /mo

What's Special

SHOPPING
SPACIOUS
RENOVATED
CLUBHOUSE
CHARMING
SOLAR PANELS
LOW HOA FEES
55+ COMMUNITY

This charming 2-bedroom, 1-bathroom home offers comfort and efficiency in the peaceful Paradise Gardens 55+ community. Featuring a renovated kitchen, impact glass throughout, and solar panels, this home is designed for convenience and energy savings. The spacious Florida room is perfect for relaxing or entertaining, and the 1-car garage provides additional storage. Enjoy very low HOA fees and fantastic community amenities, including a clubhouse, pool, library, and more. Conveniently located near shopping, banks, schools, and major highways. This is a probate sale and subject to court approval.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.83
Remaining Loan Term
25 years, 8 months
Monthly PITI
$966.76/mo
Estimated Loan Balance
$164,799
Cash to close
$101,976
Interest Paid
$21,024

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: CentralAir, Electric
  • Heating: Central, Electric
Features
  • Materials: Block
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Hardwood, Wood

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, Community

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: PARADISE GARDENS SEC 2
  • Features: Clubhouse, NonGated, Pool
HOA
  • Has HOA: Yes
  • HOA Name:
  • HOA Amenities: Unknown
  • HOA Fee: $70
  • HOA Frequency: $Monthly
Location
  • Region: Margate

Financial Details

  • Price per Sqft: $249.76
  • Tax Annual Amount: $898
  • On Market Date: 2025-01-28T00:00:00.000Z
Inquire about this property

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Fill out an application to explore financing options for assuming this loan.

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Savings Calculator

Current cash to close is $101,976 (38%)
You can enter any amount below - secondary financing will cover the difference if needed.
38%
$

You cover the entire equity of $101,976!

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

Loan Breakdown

Assumed Mortgage2.83% Sellers Rate
$163,024
Your Cash$101,976
Total Purchase Price:$265,000

Assumed vs Traditional Mortgage

Assumed @ 2.83%
$742/mo
Traditional @ 7.5%
$1,260/mo
You save $518/month ($6,218/year)

*Secondary financing rates are an estimated value based on input

MLS ID: F10483463

Listing From:

Last updated: 2025-03-19T21:26:59.000Z

© , 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

2.83%
7.15%

Principal & Interest

$742 /mo
$1,215 /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 $101,976 (38%)
You can enter any amount below - secondary financing will cover the difference if needed.
38%
$

You cover the entire equity of $101,976!

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

Loan Breakdown

Assumed Mortgage2.83% Sellers Rate
$163,024
Your Cash$101,976
Total Purchase Price:$265,000

Assumed vs Traditional Mortgage

Assumed @ 2.83%
$742/mo
Traditional @ 7.5%
$1,260/mo
You save $518/month ($6,218/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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