David Lewis

David Lewis

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$490,000

($208,588 down)
FHA

156 NW 80th Ave, Margate, FL 33063

3
2
1,553 sqft
PITI Monthly
$2,590.43 /mo

Listing courtesy of: Pierre Philisme, Coldwell Banker Realty

Assumed Rate

2.94%
7.15%

Principal & Interest

$1,294 /mo
$2,089 /mo

What's Special

LOCATION
DINING
SOLAR PANELS

This well-constructed house offers approximately 1553 sqf of living space. The home features 3 bedrooms and two bathrooms, providing ample room for comfortable living. Buyer financing fail, new title floor on dining and living room, wood floor in the bedroom, Ample florida room that can be easily used as a 4th bedroom this home comes with 24 new solar panels that increased the tax year but will be paid at closing by seller, and the taxes for next year will be lower ,AC is 3 years old, water heater is 2 years old, Roof is 4 years old. The property's location offer ample opportunities for exploration and enjoyment, lifestyles for the next owners to call their own. Seller is willing to credit buyer up to $10,000 toward closing costs

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.94
Remaining Loan Term
25 years, 7 months
Monthly PITI
$2,590.43/mo
Estimated Loan Balance
$283,217
Cash to close
$208,588
Interest Paid
$38,274

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir, CeilingFans, Electric
  • 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: 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: OneStory
Materials
  • Block
  • Roof: Composition, Shingle
Condition
  • Year Built: 1974
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Oriole-Margate Sec 4 78-2
  • Features: NonGated, Other, LaundryFacilities
HOA
  • Has HOA: No
Location
  • Region: Margate

Financial Details

  • Price per Sqft: $315.52
  • Tax Annual Amount: $10928
  • On Market Date: 2024-12-20T00:00:00.000Z
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 $208,588 (43%)
You can enter any amount below - secondary financing will cover the difference if needed.
43%
$

You cover the entire equity of $208,588!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$281,412
Your Cash$208,588
Total Purchase Price:$490,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$1,294/mo
Traditional @ 7.15%
$2,167/mo
You save $873/month ($10,474/year)

*Secondary financing rates are an estimated value based on input

MLS ID: F10477125

Listing From:

Last updated: 2025-04-22T17:38:58.000Z

© , 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

2.94%
7.15%

Principal & Interest

$1,294 /mo
$2,089 /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 $208,588 (43%)
You can enter any amount below - secondary financing will cover the difference if needed.
43%
$

You cover the entire equity of $208,588!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$281,412
Your Cash$208,588
Total Purchase Price:$490,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$1,294/mo
Traditional @ 7.15%
$2,167/mo
You save $873/month ($10,474/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Community, Brokered by Real
Agent/Broker
David LewisCommunity, Brokered by Real(303) 668-4343basecamp@realcommunity.comMLS

© 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 Community, Brokered by Real 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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