Greg Hammond

Greg Hammond

(480) 522-9318
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OverviewWhat's SpecialLocationAssumption SnapshotFacts & Features
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Closed
Closed

$330,000

($222,962 down)
FHA

251 NE 23rd St, Pompano Beach, FL 33060

3
1
920 sqft
PITI Monthly
$1,579.76 /mo

Listing courtesy of: Lunel Desravines, Sole International Realty

Assumed Rate

5.5%
7.15%

Principal & Interest

$908 /mo
$1,080 /mo
$121,588 in interest paid off

What's Special

Beautiful single family with huge backyard and ample parking in Pompano Beach. This gem property needs a TLC. But ready to welcome the next
family. It is close to Pompano Mall, FLL and the beach. All offers are welcome.
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.5
Remaining Loan Term
13 years, 10 months
Monthly PITI
$1,579.76/mo
Estimated Loan Balance
$113,644
Cash to close
$222,962
Interest Paid
$121,588

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 1
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Electric
Features
  • Materials: Block
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: CeramicTile

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Shingle, Wood
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: Shingle, Wood
Condition
  • Year Built: 1962
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Vera Villas 2nd Sec 48-47
  • Features: NonGated
HOA
  • Has HOA: No
Location
  • Region: Pompano Beach

Financial Details

  • Price per Sqft: $358.7
  • Tax Annual Amount: $4904
  • On Market Date: Dec 09, 2024
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Savings Calculator

Current cash to close is $222,962 (68%)
You can enter any amount below - secondary financing will cover the difference if needed.
68%
$
0%20%50%

You cover the entire equity of $222,962!

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

Loan Breakdown

Assumed Mortgage5.5% Sellers Rate
$107,038
Your Cash:$222,962
Total Purchase Price:$330,000

Assumed vs Traditional Mortgage

Assumed @ 5.5%
$908/mo
Traditional @ 7.15%
$1,120/mo
You save $212/month ($2,548/year)

*Secondary financing rates are an estimated value based on input

MLS ID: F10475331

Listing From:

Last updated: Jan 31, 2025 03:26pm

© 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

5.5%
7.15%

Principal & Interest

$908 /mo
$1,080 /mo
$121,588 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 $222,962 (68%)
You can enter any amount below - secondary financing will cover the difference if needed.
68%
$
0%20%50%

You cover the entire equity of $222,962!

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

Loan Breakdown

Assumed Mortgage5.5% Sellers Rate
$107,038
Your Cash:$222,962
Total Purchase Price:$330,000

Assumed vs Traditional Mortgage

Assumed @ 5.5%
$908/mo
Traditional @ 7.15%
$1,120/mo
You save $212/month ($2,548/year)

*Secondary financing rates are an estimated value based on input

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May, 08 2025

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