Dan Kaercher

Dan Kaercher

(480) 202-1789
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OverviewWhat's SpecialLocationAssumption SnapshotFacts & Features
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Closed

$835,000

($331,487 down)
FHA

1352 NE 40th St, Oakland Park, FL 33334

2
2
1,605 sqft
PITI Monthly
$4,039.53 /mo

Listing courtesy of: Robert L Darrow, Keller Williams Realty Profess

Assumed Rate

6.82%
7.15%

Principal & Interest

$3,321 /mo
$3,434 /mo
$40,223 in interest paid off

What's Special

PATIO

Adorable 1,600 square foot home currently under renovation, with plans and permits for a nearly 2,000 square foot showpiece! Currently demo'd with permits for demo and construction debris removal. You get to take over with all permits and plans currently in place. Also a $25,000 deposit with the GC will transferred to new owners. Dramatic expansion includes bringing the side room to grade with the existing home, and a new bed where the patio is located. Plans and permits for a pool, spa with waterfall, also included. What to love about this home? The HUGE back yard with loads of privacy to create your own beautiful retreat

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.82
Remaining Loan Term
28 years, 10 months
Monthly PITI
$4,039.53/mo
Estimated Loan Balance
$505,326
Cash to close
$331,487
Interest Paid
$40,223

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Electric
Features
  • Materials: Block
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Other

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition, Shingle
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces: 0
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: 1969
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Oakland Park 2-38 B
  • Features: NonGated, StreetLights
HOA
  • Has HOA: No
Location
  • Region: Oakland Park

Financial Details

  • Price per Sqft: $520.25
  • Tax Annual Amount: $1699
  • On Market Date: 2025-01-10T00:00:00.000Z
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 $331,487 (40%)
You can enter any amount below - secondary financing will cover the difference if needed.
40%
$

You cover the entire equity of $331,487!

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

Loan Breakdown

Assumed Mortgage6.82% Sellers Rate
$503,513
Your Cash$331,487
Total Purchase Price:$835,000

Assumed vs Traditional Mortgage

Assumed @ 6.82%
$3,321/mo
Traditional @ 7.5%
$3,562/mo
You save $241/month ($2,887/year)

*Secondary financing rates are an estimated value based on input

MLS ID: F10480243

Listing From:

Last updated: 2025-01-27T18:00:46.000Z

© , 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

$3,321 /mo
$3,434 /mo
$40,223 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 $331,487 (40%)
You can enter any amount below - secondary financing will cover the difference if needed.
40%
$

You cover the entire equity of $331,487!

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

Loan Breakdown

Assumed Mortgage6.82% Sellers Rate
$503,513
Your Cash$331,487
Total Purchase Price:$835,000

Assumed vs Traditional Mortgage

Assumed @ 6.82%
$3,321/mo
Traditional @ 7.5%
$3,562/mo
You save $241/month ($2,887/year)

*Secondary financing rates are an estimated value based on input

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Agent/Broker
Dan KaercherYour Home Sold Guaranteed Realty(480) 202-1789Dankaercher@state48livin.comMLS SA677983000
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