Laura Jewett

Laura Jewett

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Pending

$568,888

($207,901 down)
FHA

11794 Socrates Way, Rancho Cordova, CA 95742

4
3
2,022 sqft
PITI Monthly
$2,804.82 /mo

Listing courtesy of: Misty Duran, WR Properties

Assumed Rate

3.31%
7.15%

Principal & Interest

$1,756 /mo
$2,704 /mo

What's Special

SHOPPING
DINING
SPACIOUS
MODERN
HOME OFFICE
PATIO

This stunning four-bedroom, 2.5-bath home offers modern living at its finest. Built just a few years ago, the property boasts a fresh, contemporary design with high-quality finishes throughout. The open-concept layout features a spacious living room, a chef’s kitchen with sleek appliances and quartz countertops, and a dining area perfect for entertaining. The primary suite provides a tranquil retreat with an en-suite shower and generous closet space. Three additional bedrooms offer flexibility for family, guests, or a home office. Don't forget the additional loft space that can be used for a play area or writing retreat. The 2.5 baths include updated fixtures and a stylish design. Custom closet system, covered patio with lights and fans, a walkway up to the main entrance, and extra space on the driveway to be able to bring your garbage cans out even when you have 2 cars in the driveway. Located in a desirable neighborhood, where the HOA amenities include Xfinity internet, 24-hour security, an 11,000 square foot club house, three pools, two spas, and a gym. This home is close to schools, parks, and shopping, with easy access to major highways. An assumable loan adds incredible value, making this a fantastic opportunity for buyers looking for affordability and convenience.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.31
Remaining Loan Term
25 years, 2 months
Monthly PITI
$2,804.82/mo
Estimated Loan Balance
$390,290
Cash to close
$207,901
Interest Paid
$60,924

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Unknown
Features
  • Materials: Stucco, WoodSiding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Laminate

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: Association

Construction

Type & Style
  • Stories:
  • Home type: SingleFamilyResidence
  • Architectural Style: Contemporary
Materials
  • Stucco, WoodSiding
  • Roof: Tile
Condition
  • Year Built: 2020
Details
  • Builder:

Community & HOA

Community
  • Subdivision: SUNRIDGE
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: NOT LISTED
  • HOA Amenities: Unknown
  • HOA Fee: $103
  • HOA Frequency: $Monthly
Location
  • Region: Rancho Cordova

Financial Details

  • Price per Sqft: $281.35
  • Tax Annual Amount: $7111.1
  • On Market Date: 2025-01-23T00:00:00.000Z
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 $207,901 (37%)
You can enter any amount below - secondary financing will cover the difference if needed.
37%
$

You cover the entire equity of $207,901!

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

Loan Breakdown

Assumed Mortgage3.31% Sellers Rate
$360,987
Your Cash$207,901
Total Purchase Price:$568,888

Assumed vs Traditional Mortgage

Assumed @ 3.31%
$1,756/mo
Traditional @ 7.5%
$2,805/mo
You save $1,049/month ($12,591/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 41083347

Listing From:

Last updated: 2025-03-25T22:44:12.000Z

© , 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

3.31%
7.15%

Principal & Interest

$1,756 /mo
$2,704 /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 $207,901 (37%)
You can enter any amount below - secondary financing will cover the difference if needed.
37%
$

You cover the entire equity of $207,901!

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

Loan Breakdown

Assumed Mortgage3.31% Sellers Rate
$360,987
Your Cash$207,901
Total Purchase Price:$568,888

Assumed vs Traditional Mortgage

Assumed @ 3.31%
$1,756/mo
Traditional @ 7.5%
$2,805/mo
You save $1,049/month ($12,591/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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