Laura Jewett

Laura Jewett

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

$590,000

($219,670 down)
FHA

7697 NW 25th St, Margate, FL 33063

3
3
2,074 sqft
PITI Monthly
$2,393.2 /mo

Listing courtesy of: Wandex Dessalines, Sunset Realty of Broward

Assumed Rate

2.81%
7.15%

Principal & Interest

$1,656 /mo
$2,719 /mo

What's Special

SPACIOUS

Welcome to Holiday Springs Village located in the heart of Margate, Florida. This spacious 3 bedroom, 2 bathroom home offers 2,074 sqft of living space, perfect for families or those looking for a little extra room to spread out. The open kitchen space is ideal for entertaining guests or preparing meals for your loved ones. The 2 car garage provides ample space for parking and storage. With accordion hurricane shutters, you can rest easy knowing your home is protected during storm season. Don't miss out on the opportunity to make this warm and inviting property your own.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.81
Remaining Loan Term
26 years, 0 months
Monthly PITI
$2,393.2/mo
Estimated Loan Balance
$371,903
Cash to close
$219,670
Interest Paid
$43,295

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir, Electric
  • Heating: Central
Features
  • Materials: Block
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Barrel
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces: 2
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories:
  • Home type: SingleFamilyResidence
  • Architectural Style: TwoStory
Materials
  • Block
  • Roof: Barrel
Condition
  • Year Built: 1993
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Holiday Spgs East 133-49
  • Features: HomeOwnersAssociation, NonGated, Sidewalks
HOA
  • Has HOA: Yes
  • HOA Name:
  • HOA Amenities: Unknown
  • HOA Fee: $230
  • HOA Frequency: $Quarterly
Location
  • Region: Margate

Financial Details

  • Price per Sqft: $284.47
  • Tax Annual Amount: $3421
  • On Market Date: 2024-10-14T00:00:00.000Z
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 $219,670 (37%)
You can enter any amount below - secondary financing will cover the difference if needed.
37%
$

You cover the entire equity of $219,670!

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

Loan Breakdown

Assumed Mortgage2.81% Sellers Rate
$370,330
Your Cash$219,670
Total Purchase Price:$590,000

Assumed vs Traditional Mortgage

Assumed @ 2.81%
$1,656/mo
Traditional @ 7.5%
$2,820/mo
You save $1,164/month ($13,969/year)

*Secondary financing rates are an estimated value based on input

MLS ID: F10466359

Listing From:

Last updated: 2024-11-02T18:42:53.000Z

© , 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

2.81%
7.15%

Principal & Interest

$1,656 /mo
$2,719 /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 $219,670 (37%)
You can enter any amount below - secondary financing will cover the difference if needed.
37%
$

You cover the entire equity of $219,670!

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

Loan Breakdown

Assumed Mortgage2.81% Sellers Rate
$370,330
Your Cash$219,670
Total Purchase Price:$590,000

Assumed vs Traditional Mortgage

Assumed @ 2.81%
$1,656/mo
Traditional @ 7.5%
$2,820/mo
You save $1,164/month ($13,969/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.