Tracy Strachan

Tracy Strachan

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$473,000

($388,413 down)
FHA

1245 SW 48th Ter, Deerfield Beach, FL 33442

3
2
1,495 sqft
PITI Monthly
$1,285.56 /mo

Listing courtesy of: Rita Mesquita, RE/MAX Direct

Assumed Rate

4.27%
7.15%

Principal & Interest

$596 /mo
$816 /mo

What's Special

INVESTORS
REMODELED
GATED COMMUNITY
OPEN CONCEPT
SPACIOUS
GRANITE COUNTERTOPS
CLUBHOUSE
PLAYGROUND

Fabulous 3/2 Corner Villa in most sought after Resort Style Gated Community. Enjoy lots of natural lighting as you enter this Remodeled Open Concept Villa. Beautiful updated Ceramic Tile Floors, Bedrooms have new Wood Look Ceramic Tile, Volume Ceilings, New Paint, New Recessed Lighting throughout villa. Beautiful Kitchen with White Cabinets, Granite Countertops and Backsplash, New Top of Line S. S. Appliances 2023, Pantry, New Washer & Dryer 2022, Spacious Master Bedroom with sitting area, Master Bathroom totally Remodeled with beautiful walk in Shower, Guest Bathroom also updated. AC is 6yrs. old. New Roof in 2019. Community offers Pools, Clubhouses, Playground, Gym, Tennis, Basketball & Volleyball Courts, HOA Fee covers Cable, Internet, Insurance, Roof Repairs. Pets & Investors ok!!!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.27
Remaining Loan Term
16 years, 6 months
Monthly PITI
$1,285.56/mo
Estimated Loan Balance
$84,880
Cash to close
$388,413
Interest Paid
$60,276

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir, Electric
  • Heating: Central, Electric
Features
  • Materials: Block
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: CeramicTile

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: Yes
  • Carport Spaces: 1
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
  • Block
  • Roof: Unknown
Condition
  • Year Built: 1999
Details
  • Builder:

Community & HOA

Community
  • Subdivision: WATERWAYS
  • Features: Gated
HOA
  • Has HOA: Yes
  • HOA Name:
  • HOA Amenities: Unknown
  • HOA Fee: $695
  • HOA Frequency: $Monthly
Location
  • Region: Deerfield Beach

Financial Details

  • Price per Sqft: $316.39
  • Tax Annual Amount: $5248
  • On Market Date: 2025-04-07T00:00:00.000Z
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 $388,413 (82%)
You can enter any amount below - secondary financing will cover the difference if needed.
82%
$

You cover the entire equity of $388,413!

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

Loan Breakdown

Assumed Mortgage4.27% Sellers Rate
$84,587
Your Cash:$388,413
Total Purchase Price:$473,000

Assumed vs Traditional Mortgage

Assumed @ 4.27%
$596/mo
Traditional @ 7.15%
$847/mo
You save $251/month ($3,009/year)

*Secondary financing rates are an estimated value based on input

MLS ID: F10496840

Listing From:

Last updated: 2025-04-08T20:10:44.000Z

© , 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

4.27%
7.15%

Principal & Interest

$596 /mo
$816 /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 $388,413 (82%)
You can enter any amount below - secondary financing will cover the difference if needed.
82%
$

You cover the entire equity of $388,413!

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

Loan Breakdown

Assumed Mortgage4.27% Sellers Rate
$84,587
Your Cash:$388,413
Total Purchase Price:$473,000

Assumed vs Traditional Mortgage

Assumed @ 4.27%
$596/mo
Traditional @ 7.15%
$847/mo
You save $251/month ($3,009/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Tracy Strachan(602) 573-1500tstrachan05@gmail.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 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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