Laura Jewett

Laura Jewett

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Closed

$600,000

($361,217 down)
FHA

1126 E Lee Drive, Santa Maria, CA 93454

3
2
1,072 sqft
PITI Monthly
$1,748.03 /mo

Listing courtesy of: Sandra Cervantes, Mint Properties

Assumed Rate

3.96%
7.15%

Principal & Interest

$1,376 /mo
$1,956 /mo

What's Special

GRANITE COUNTERTOPS
PATIO

Take a look at this single-story Carriage Square home for sale featuring 3 bedrooms and 2 baths with tile roof. The kitchen has granite countertops, honey-colored oak cabinets, and brand-new white GE appliances that include stove, microwave and dishwasher. The entire home has fresh interior paint, new hallway bathroom vanity and mirror. Tile flooring throughout the home and dual pane windows. The living room french doors open up to the covered patio and backyard with alley access. All bedrooms and living rooms have ceiling fans for added comfort for those hot summer days. The backyard has mature fruit trees that include avocado, mandarin orange, lemon, and loquats. Laundry hookups are conveniently located in the garage. Attractive stamped concrete enhances the home's front exterior. New water heater installed in 2023. This property is ideally located close to Tunnell Elementary School and Pioneer Valley High School. Easy access to Highway 101. Ready for you to move in and make it your own. All information deemed reliable but not guaranteed or verified by the broker.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.96
Remaining Loan Term
20 years, 11 months
Monthly PITI
$1,748.03/mo
Estimated Loan Balance
$239,370
Cash to close
$361,217
Interest Paid
$94,974

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Unknown
  • Heating: ForcedAir
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Other
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Traditional
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1962
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Santa Maria

Financial Details

  • Price per Sqft: $559.7
  • Tax Annual Amount: $
  • On Market Date: 2024-06-21T00:00:00.000Z
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 $361,217 (60%)
You can enter any amount below - secondary financing will cover the difference if needed.
60%
$

You cover the entire equity of $361,217!

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

Loan Breakdown

Assumed Mortgage3.96% Sellers Rate
$238,783
Your Cash:$361,217
Total Purchase Price:$600,000

Assumed vs Traditional Mortgage

Assumed @ 3.96%
$1,376/mo
Traditional @ 7.5%
$2,029/mo
You save $653/month ($7,837/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 24406647

Listing From:

Last updated: 2024-12-05T03:42:49.000Z

© , 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

3.96%
7.15%

Principal & Interest

$1,376 /mo
$1,956 /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 $361,217 (60%)
You can enter any amount below - secondary financing will cover the difference if needed.
60%
$

You cover the entire equity of $361,217!

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

Loan Breakdown

Assumed Mortgage3.96% Sellers Rate
$238,783
Your Cash:$361,217
Total Purchase Price:$600,000

Assumed vs Traditional Mortgage

Assumed @ 3.96%
$1,376/mo
Traditional @ 7.5%
$2,029/mo
You save $653/month ($7,837/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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