Laura Jewett

Laura Jewett

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$580,000

($51,030 down)
FHA

10374 Vera Avenue, Felton, CA 95018

2
1
864 sqft
PITI Monthly
$4,709.88 /mo

Listing courtesy of: David A. Rivas, David Allen Rivas, Broker

Assumed Rate

6.9%
7.15%

Principal & Interest

$3,557 /mo
$3,647 /mo

What's Special

SERENE
CHARMING
COZY

Charming 2-Bedroom Home in the Redwoods, Nestled in the heart of the majestic redwoods, this serene retreat offers the perfect blend of nature and comfort. Bedrooms: 2 Bathrooms: 864 sq. ft. Lot Size: 6011 Sq. Ft. additional 12,893 sq. ft. (adjacent lot included in price) Escape to your own slice of paradise in this charming 2-bedroom home surrounded by towering redwoods. This cozy residence features an open-concept living area that invites natural light. Like a studio downstairs with a loft upstairs. Peaceful sanctuary after a day of outdoor adventures. Step outside to your expansive lot, where you can enjoy the beauty of nature right at your doorstep. With nearly 12,893 square feet of additional land, the possibilities are endless. Imagine a garden, outdoor entertaining space, or even room to build another home or a workshop! Abundant natural light. Surrounded by nature. Close proximity to hiking trails and outdoor activities. Very close to Loch Lomond Lake, fishing kayaking and so much more.Not far from local shops, restaurants, and amenities. Ideal for nature lovers and those seeking a tranquil lifestyle. This unique property is a rare find in a beautiful setting. Don't miss the opportunity to make it yours! Embrace the tranquility of redwood living today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.9
Remaining Loan Term
27 years, 8 months
Monthly PITI
$4,709.88/mo
Estimated Loan Balance
$281,778
Cash to close
$51,030
Interest Paid
$85,914

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: None
  • Heating: WoodStove
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

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

Construction

Type & Style
  • Stories:
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Shingle
Condition
  • Year Built: 1971
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Felton

Financial Details

  • Price per Sqft: $671.3
  • Tax Annual Amount: $7250
  • On Market Date: 2024-10-26T00:00:00.000Z
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 $51,030 (9%)
You can enter any amount below - secondary financing will cover the difference if needed.
9%
$

You cover the entire equity of $51,030!

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

Loan Breakdown

Assumed Mortgage6.9% Sellers Rate
$528,970
Your Cash$51,030
Total Purchase Price:$580,000

Assumed vs Traditional Mortgage

Assumed @ 6.9%
$3,557/mo
Traditional @ 7.5%
$3,783/mo
You save $227/month ($2,721/year)

*Secondary financing rates are an estimated value based on input

MLS ID: ML81985008

Listing From:

Last updated: 2025-02-01T19:06:24.000Z

© , CRMLS. 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

6.9%
7.15%

Principal & Interest

$3,557 /mo
$3,647 /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 $51,030 (9%)
You can enter any amount below - secondary financing will cover the difference if needed.
9%
$

You cover the entire equity of $51,030!

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

Loan Breakdown

Assumed Mortgage6.9% Sellers Rate
$528,970
Your Cash$51,030
Total Purchase Price:$580,000

Assumed vs Traditional Mortgage

Assumed @ 6.9%
$3,557/mo
Traditional @ 7.5%
$3,783/mo
You save $227/month ($2,721/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000

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© 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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