Dan Kaercher

Dan Kaercher

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Closed

$329,900

($260,171 down)
FHA

667 Banks Rd, Margate, FL 33063

2
2
1,064 sqft
PITI Monthly
$905.32 /mo

Listing courtesy of: Andrew Velez, RE/MAX Select Group

Assumed Rate

6%
7.15%

Principal & Interest

$595 /mo
$670 /mo

What's Special

REMODELED
SERENE
SPACIOUS
MODERN
PATIO
CLUBHOUSE
TENNIS COURTS
LAKE VIEWS

Welcome to your dream home - a hidden gem where modern living meets comfort in an ALL-AGES, pet friendly community. This spacious Villa home is designed with an open kitchen floor plan that is both inviting and functional. As you step inside, you will experience the openness and brightness of the home. Enjoy the screened-in patio, overlooking lush garden views & tennis courts, provides a serene backdrop for morning coffees or evening relaxation. Two assigned parking spaces in front of unit, Washer & Dryer. The Westlake Isles community offers a beautiful remodeled Clubhouse, Resident Boat Dock, 2 Heated Pools, Tennis Courts, Gazebo with Lake Views & more. The Low Maintenance Fee covers Exterior Painting & Roof Repairs. Walking distance to Elementary Schools, minutes to stores, OK to Lease.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6
Remaining Loan Term
14 years, 4 months
Monthly PITI
$905.32/mo
Estimated Loan Balance
$70,217
Cash to close
$260,171
Interest Paid
$81,097

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir, CeilingFans, Electric
  • Heating: Central, Electric
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Laminate, Tile

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces: 0
Water
  • Sewer: Unknown
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: Association

Construction

Type & Style
  • Stories: 1
  • Home type: Villa
  • Architectural Style: Unknown
Materials
  • Stucco
  • Roof: Unknown
Condition
  • Year Built: 1982
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Woodlake Isles
  • Features: NonGated
HOA
  • Has HOA: Yes
  • HOA Name:
  • HOA Amenities: Unknown
  • HOA Fee: $283
  • HOA Frequency: $Monthly
Location
  • Region: Margate

Financial Details

  • Price per Sqft: $310.06
  • Tax Annual Amount: $1086
  • On Market Date: 2024-10-02T00:00:00.000Z
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 $260,171 (79%)
You can enter any amount below - secondary financing will cover the difference if needed.
79%
$

You cover the entire equity of $260,171!

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

Loan Breakdown

Assumed Mortgage6% Sellers Rate
$69,729
Your Cash:$260,171
Total Purchase Price:$329,900

Assumed vs Traditional Mortgage

Assumed @ 6%
$595/mo
Traditional @ 7.5%
$695/mo
You save $100/month ($1,202/year)

*Secondary financing rates are an estimated value based on input

MLS ID: F10464508

Listing From:

Last updated: 2025-01-31T18:31:04.000Z

© , 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%
7.15%

Principal & Interest

$595 /mo
$670 /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 $260,171 (79%)
You can enter any amount below - secondary financing will cover the difference if needed.
79%
$

You cover the entire equity of $260,171!

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

Loan Breakdown

Assumed Mortgage6% Sellers Rate
$69,729
Your Cash:$260,171
Total Purchase Price:$329,900

Assumed vs Traditional Mortgage

Assumed @ 6%
$595/mo
Traditional @ 7.5%
$695/mo
You save $100/month ($1,202/year)

*Secondary financing rates are an estimated value based on input

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

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