Laura Jewett

Laura Jewett

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Pending

$630,000

($275,739 down)
FHA

12137 Cheshire Street, Norwalk, CA 90650

3
2
883 sqft
PITI Monthly
$2,050.27 /mo

Listing courtesy of: Roberto Araya, Excellence RE Real Estate, Inc.

Assumed Rate

2.89%
7.15%

Principal & Interest

$1,609 /mo
$2,615 /mo

What's Special

SHOPPING
CHARMING

Welcome to 12137 Cheshire Street, Norwalk! This charming home was fully rehabbed in less than 10 years ago and has been meticulously maintained ever since. The home offers 3 bedrooms and 1.5 baths the kitchen, is fully updated in the rehab, and features sleek countertops, and contemporary cabinetry. The flooring was installed no more than 5 years ago and is still in great shape. Outside, the property boasts a well-kept yard, ideal for outdoor activities and summer barbecues. The neighborhood is friendly and conveniently located near schools, parks, and shopping, making it an excellent choice for families and professionals alike. This is the perfect starter home for a first-time home buyer family.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.89
Remaining Loan Term
25 years, 7 months
Monthly PITI
$2,050.27/mo
Estimated Loan Balance
$356,519
Cash to close
$275,739
Interest Paid
$47,075

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: WallWindowUnits
  • Heating: Unknown
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: 1
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Private
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: 1957
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Curbs
HOA
  • Has HOA: No
Location
  • Region: Norwalk

Financial Details

  • Price per Sqft: $713.48
  • Tax Annual Amount: $
  • On Market Date: 2024-08-15T00:00:00.000Z
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 $275,739 (44%)
You can enter any amount below - secondary financing will cover the difference if needed.
44%
$

You cover the entire equity of $275,739!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$354,261
Your Cash$275,739
Total Purchase Price:$630,000

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$1,609/mo
Traditional @ 7.5%
$2,712/mo
You save $1,103/month ($13,235/year)

*Secondary financing rates are an estimated value based on input

MLS ID: DW24168846

Listing From:

Last updated: 2024-08-27T17:25:21.000Z

© , 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

2.89%
7.15%

Principal & Interest

$1,609 /mo
$2,615 /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 $275,739 (44%)
You can enter any amount below - secondary financing will cover the difference if needed.
44%
$

You cover the entire equity of $275,739!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$354,261
Your Cash$275,739
Total Purchase Price:$630,000

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$1,609/mo
Traditional @ 7.5%
$2,712/mo
You save $1,103/month ($13,235/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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