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Closed
Closed

$320,000

($172,110 down)
FHA

735 NW 72nd Ter, Margate, FL 33063

2
2
1,150 sqft
PITI Monthly
$1,396.11 /mo

Listing courtesy of: JAY Mackensie, Jay-Mack Properties Group LLC

Assumed Rate

4.59%
7.15%

Principal & Interest

$855 /mo
$1,127 /mo
$49,305 in interest paid off

What's Special

PATIO
Welcome home! this home is perfect if you are looking for your first home or down sizing to something smaller. 2 bedrooms 2 bathrooms 1 car garage
with a large patio home located in the heart of city of Margate is awaiting for you. the home featured new kitchen, staining steel appliances.
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.59
Remaining Loan Term
23 years, 2 months
Monthly PITI
$1,396.11/mo
Estimated Loan Balance
$148,464
Cash to close
$172,110
Interest Paid
$49,305

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Brick, Block
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Tile, 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

Construction

Type & Style
  • Stories:
  • Home type: SingleFamilyResidence
  • Architectural Style: OneStory
Materials
  • Brick, Block
  • Roof: Composition, Shingle
Condition
  • Year Built: 1973
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Paradise Gardens Sec 4 76
  • Features: Clubhouse, NonGated
HOA
  • Has HOA: Yes
  • HOA Name:
  • HOA Amenities: Unknown
  • HOA Fee: $120
  • HOA Frequency: $Monthly
Location
  • Region: Margate

Financial Details

  • Price per Sqft: $278.26
  • Tax Annual Amount: $3278
  • On Market Date: Aug 06, 2024
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Savings Calculator

Current cash to close is $172,110 (54%)
You can enter any amount below - secondary financing will cover the difference if needed.
54%
$
0%20%50%

You cover the entire equity of $172,110!

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

Loan Breakdown

Assumed Mortgage4.59% Sellers Rate
$147,890
Your Cash:$172,110
Total Purchase Price:$320,000

Assumed vs Traditional Mortgage

Assumed @ 4.59%
$855/mo
Traditional @ 7.15%
$1,169/mo
You save $315/month ($3,777/year)

*Secondary financing rates are an estimated value based on input

MLS ID: F10455111

Listing From:

Last updated: Dec 20, 2024 03:14pm

© 2025, 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

4.59%
7.15%

Principal & Interest

$855 /mo
$1,127 /mo
$49,305 in interest paid off
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 $172,110 (54%)
You can enter any amount below - secondary financing will cover the difference if needed.
54%
$
0%20%50%

You cover the entire equity of $172,110!

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

Loan Breakdown

Assumed Mortgage4.59% Sellers Rate
$147,890
Your Cash:$172,110
Total Purchase Price:$320,000

Assumed vs Traditional Mortgage

Assumed @ 4.59%
$855/mo
Traditional @ 7.15%
$1,169/mo
You save $315/month ($3,777/year)

*Secondary financing rates are an estimated value based on input

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May, 14 2025

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