Laura Jewett

Laura Jewett

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Closed

$545,000

($154,373 down)
FHA

810 5th St, West Palm Beach, FL 33401

N/A
N/A
1,274 sqft
PITI Monthly
$3,282.61 /mo

Listing courtesy of: Lucely Coral, Miranda Executive Realty

Assumed Rate

6.82%
7.15%

Principal & Interest

$2,565 /mo
$2,652 /mo

What's Special

LOCATION
NEW STOVE
INVESTMENT OPPORTUNITY

Prime investment opportunity in the heart of West Palm Beach! This property is ideally located within walking distance of downtown, just minutes from Clematis Street, major roads, the beach, and only a 10-minute drive to Palm Beach Island and Palm Beach International Airport. Completely updated with brand-new features throughout, including:New bathroom cabinetsNew electrical lights, outlets, and panelsNew stove and refrigeratorNew water heater and plumbingNew closets, doors, and baseboardsWaterproofed exterior roofFreshly painted interior and exteriorDon't miss out on this move-in-ready gem in a sought-after location.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.82
Remaining Loan Term
29 years, 1 months
Monthly PITI
$3,282.61/mo
Estimated Loan Balance
$405,259
Cash to close
$154,373
Interest Paid
$24,442

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms:
  • Bathrooms:
Cooling & Heating
  • Cooling: Electric, Other, WallWindowUnits
  • Heating: None
Features
  • Materials: Block
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: CeramicTile, Other

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: BuiltUp
Parking
  • Garage: No
  • Garage Spaces:
  • Carport: No
  • Carport Spaces: 0
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories:
  • Home type: Duplex
  • Architectural Style: Unknown
Materials
  • Block
  • Roof: BuiltUp
Condition
  • Year Built: 1974
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Clows Add
  • Features: NonGated
HOA
  • Has HOA: No
Location
  • Region: West Palm Beach

Financial Details

  • Price per Sqft: $427.79
  • Tax Annual Amount: $3273
  • On Market Date: 2024-11-18T00:00:00.000Z
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 $154,373 (28%)
You can enter any amount below - secondary financing will cover the difference if needed.
28%
$

You cover the entire equity of $154,373!

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

Loan Breakdown

Assumed Mortgage6.82% Sellers Rate
$390,627
Your Cash$154,373
Total Purchase Price:$545,000

Assumed vs Traditional Mortgage

Assumed @ 6.82%
$2,565/mo
Traditional @ 7.5%
$2,751/mo
You save $186/month ($2,230/year)

*Secondary financing rates are an estimated value based on input

MLS ID: F10472149

Listing From:

Last updated: 2024-11-19T15:32:19.000Z

© , 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

$2,565 /mo
$2,652 /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 $154,373 (28%)
You can enter any amount below - secondary financing will cover the difference if needed.
28%
$

You cover the entire equity of $154,373!

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

Loan Breakdown

Assumed Mortgage6.82% Sellers Rate
$390,627
Your Cash$154,373
Total Purchase Price:$545,000

Assumed vs Traditional Mortgage

Assumed @ 6.82%
$2,565/mo
Traditional @ 7.5%
$2,751/mo
You save $186/month ($2,230/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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