5874 Cherry Hill Circle Pending

Pace,FL 32571

$ 388000

3 Beds

3 Baths

2117 SqFt


Key Details

Property Type Single Family Home

Sub Type Craftsman Style

Listing Status Pending

Purchase Type For Sale

Square Footage 2,117 sqft

Price per Sqft $183

Subdivision Bradley Estates

MLS Listing ID 973779

Bedrooms 3

Full Baths 2

Half Baths 1

Construction Status Construction Complete

HOA Y/N No

Year Built 2021

Property Sub-Type Craftsman Style

Property Description

RARE ASSUMABLE LOAN OPPORTUNITY!!!!Why pay today's high interest rates when you can assume this VA loan with no setbacks?? For those of you who are curious how this works, I'll break it down for you. For this particular loan, the seller owes a balance of $320,986.29 at a 2.75% interest rate. The monthly payment is $1614.25 and the remaining life of the loan is approximately 25 years instead of 30!! However, for you to assume this loan you'd still have to qualify through Veterans United, pay the difference between the purchase price and the mortgage balance above which would be about 65k-70k and NO you don't have to be a VET or active military personnel and the good news is the current seller no longer needs their VA entitlement so that opens the door for any regular buyers!!

Location

State FL

County Santa Rosa

Area 10 - North Santa Rosa County

Zoning City

Rooms

Kitchen First

Interior

Appliance Microwave,Refrigerator,Stove/Oven Electric

Exterior

Parking Features Garage,Garage Attached,Other,See Remarks

Garage Spaces 3.0

Pool None

Utilities Available Electric

Private Pool No

Building

Story 1.0

Construction Status Construction Complete

Schools

Elementary Schools East Milton

Others

Energy Description Ceiling Fans

View More
Favorite Go Tour