Laura Jewett

Laura Jewett

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Closed

$665,000

($162,492 down)
FHA

1220 E 140th Street, Compton, CA 90222

3
1
1,103 sqft
PITI Monthly
$3,920.63 /mo

Listing courtesy of: Jacqueline Case, Berkshire Hathaway HomeServices California Properties

Assumed Rate

7.07%
7.15%

Principal & Interest

$3,395 /mo
$3,422 /mo

What's Special

REMODELED
SHOPPING
DINING
CUL-DE-SAC
CHARMING

This charming 3-bedroom, 1-bathroom home in Rosewood has been lovingly cared for by the same family for over 68 years. Nestled in a quiet cul-de-sac, it offers the perfect blend of tranquility and convenience. Step inside and be greeted by a light-filled living area that seamlessly flows into the dining area. Imagine hosting memorable gatherings in this open and inviting space. The heart of the home is the beautifully, remodeled kitchen, boasting ample counter and cupboard space, a breakfast island with bar seating, and recessed lighting. Newer appliances make cooking a breeze, while the separate laundry area with a washer and dryer provides added convenience. New flooring adds a touch of sophistication underfoot, while double-paned windows ensure year-round comfort and energy efficiency. A recently remodeled bathroom and a newer heater and water heater guarantee peace of mind for the new homeowner. Unwind and entertain in the expansive backyard, perfect for summer barbecues or creating your own private oasis. Park with ease in the driveway that leads to a two-car garage, offering plenty of storage space. This charming home offers a wonderful opportunity close to schools, shopping, restaurants and parks.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
7.07
Remaining Loan Term
28 years, 7 months
Monthly PITI
$3,920.63/mo
Estimated Loan Balance
$503,369
Cash to close
$162,492
Interest Paid
$50,414

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 1
Cooling & Heating
  • Cooling: None
  • Heating: WallFurnace
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Laminate

Exterior

Fencing
  • Fencing: Brick, Wood
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • 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: 1951
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Biking, Curbs, DogPark, Park, StreetLights, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Compton

Financial Details

  • Price per Sqft: $602.9
  • Tax Annual Amount: $
  • On Market Date: 2024-07-19T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $162,492 (24%)
You can enter any amount below - secondary financing will cover the difference if needed.
24%
$

You cover the entire equity of $162,492!

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

Loan Breakdown

Assumed Mortgage7.07% Sellers Rate
$502,508
Your Cash$162,492
Total Purchase Price:$665,000

Assumed vs Traditional Mortgage

Assumed @ 7.07%
$3,395/mo
Traditional @ 7.5%
$3,550/mo
You save $155/month ($1,859/year)

*Secondary financing rates are an estimated value based on input

MLS ID: PW24147751

Listing From:

Last updated: 2024-09-06T12:31:00.000Z

© , 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

7.07%
7.15%

Principal & Interest

$3,395 /mo
$3,422 /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 $162,492 (24%)
You can enter any amount below - secondary financing will cover the difference if needed.
24%
$

You cover the entire equity of $162,492!

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

Loan Breakdown

Assumed Mortgage7.07% Sellers Rate
$502,508
Your Cash$162,492
Total Purchase Price:$665,000

Assumed vs Traditional Mortgage

Assumed @ 7.07%
$3,395/mo
Traditional @ 7.5%
$3,550/mo
You save $155/month ($1,859/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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