Laura Jewett

Laura Jewett

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Closed

$560,000

($121,988 down)
FHA

11900 Barnwall Street, Norwalk, CA 90650

2
1
751 sqft
PITI Monthly
$3,060.4 /mo

Listing courtesy of: Marvin Garcia, Remax Innovative

Assumed Rate

2.96%
7.15%

Principal & Interest

$1,977 /mo
$3,183 /mo

What's Special

SPACIOUS
MODERN
HISTORIC
CHARMING
COZY

PERFECT starter home in the heart of Norwalk with huge potential upside as the City is in the works to revitalize historic downtown Front Street, Firestone, and San Antonio with fresh residential / commercial spaces with a focus on open spaces and community vibes. Ideal home for young couples or anyone ready to get started on their homeownership journey! This cozy property boasts a charming galley kitchen, in-home washer/dryer hookups, and a modern tankless water heater for added convenience. The corner lot comes with a spacious front yard, perfect for kids to play or hosting weekend BBQs. Parking? No problem – there's a side driveway that fits two cars plus plenty of street parking. Home is in the Norwalk-La Mirada School District. Conveniently close to Cerritos College, Sprouts, great restaurants, and major freeways (605, 105, 91 & 5). And for fun? You're a short drive from family-favorite spots like Disneyland and Knott's Berry Farm! It's the perfect time to call Norwalk home! BONUS: the home currently has an FHA loan with an incredible 2.875% interest rate that may be assumable – don’t miss out! Contact your Realtor today for more details and to schedule your showing!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.96
Remaining Loan Term
26 years, 3 months
Monthly PITI
$3,060.4/mo
Estimated Loan Balance
$445,982
Cash to close
$121,988
Interest Paid
$50,254

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: None
  • Heating: WallFurnace
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Laminate, SeeRemarks

Exterior

Fencing
  • Fencing: ChainLink
Roof
  • Roof: Unknown
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1954
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: StreetLights, Sidewalks, Urban
HOA
  • Has HOA: No
Location
  • Region: Norwalk

Financial Details

  • Price per Sqft: $745.67
  • Tax Annual Amount: $7000
  • On Market Date: 2024-09-19T00:00:00.000Z
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 $121,988 (22%)
You can enter any amount below - secondary financing will cover the difference if needed.
22%
$

You cover the entire equity of $121,988!

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

Loan Breakdown

Assumed Mortgage2.96% Sellers Rate
$438,012
Your Cash$121,988
Total Purchase Price:$560,000

Assumed vs Traditional Mortgage

Assumed @ 2.96%
$1,977/mo
Traditional @ 7.5%
$3,302/mo
You save $1,325/month ($15,900/year)

*Secondary financing rates are an estimated value based on input

MLS ID: DW24195651

Listing From:

Last updated: 2024-11-05T13:31:39.000Z

© , 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

2.96%
7.15%

Principal & Interest

$1,977 /mo
$3,183 /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 $121,988 (22%)
You can enter any amount below - secondary financing will cover the difference if needed.
22%
$

You cover the entire equity of $121,988!

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

Loan Breakdown

Assumed Mortgage2.96% Sellers Rate
$438,012
Your Cash$121,988
Total Purchase Price:$560,000

Assumed vs Traditional Mortgage

Assumed @ 2.96%
$1,977/mo
Traditional @ 7.5%
$3,302/mo
You save $1,325/month ($15,900/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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