Laura Jewett

Laura Jewett

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$1,150,000

($790,868 down)
FHA

12268 Samoline Avenue, Downey, CA 90242

4
2
2,123 sqft
PITI Monthly
$4,077.93 /mo

Listing courtesy of: Vanessa Fernandez, Sunrise Realty & Home Loan

Assumed Rate

4.11%
7.15%

Principal & Interest

$2,215 /mo
$3,093 /mo

What's Special

SPACIOUS
PATIO

Spacious pool home located in the highly sought after city of Downey! Tax records show 1881 soft but there's an additional 242 square feet in the enclosed patio! Ample sized lot over 8,000 sqft. Plenty of parking on long driveway with carport and a 2 car detached garage. There is also RV access from back gate to Paramount Blvd! This home is beautiful and ready for its new owner!-don't miss your chance!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.11
Remaining Loan Term
19 years, 8 months
Monthly PITI
$4,077.93/mo
Estimated Loan Balance
$380,405
Cash to close
$790,868
Interest Paid
$174,945

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: None
  • Heating: Fireplaces, NaturalGas, Wood
Features
  • Materials: Stucco, CopperPlumbing
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: BonusRoom, Den, Electric, LivingRoom
  • Flooring: Tile, Wood

Exterior

Fencing
  • Fencing: Block, Wood, WroughtIron
Roof
  • Roof: Composition, Shingle
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: Yes
  • Pool Features: InGround, Private

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Ranch
Materials
  • Stucco, CopperPlumbing
  • Roof: Composition, Shingle
Condition
  • Year Built: 1941
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Curbs, Suburban
HOA
  • Has HOA: No
Location
  • Region: Downey

Financial Details

  • Price per Sqft: $541.69
  • Tax Annual Amount: $14375
  • On Market Date: 2025-03-19T00:00:00.000Z
Inquire about this property

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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 $790,868 (69%)
You can enter any amount below - secondary financing will cover the difference if needed.
69%
$

You cover the entire equity of $790,868!

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

Loan Breakdown

Assumed Mortgage4.11% Sellers Rate
$359,132
Your Cash:$790,868
Total Purchase Price:$1,150,000

Assumed vs Traditional Mortgage

Assumed @ 4.11%
$2,215/mo
Traditional @ 7.5%
$3,208/mo
You save $993/month ($11,912/year)

*Secondary financing rates are an estimated value based on input

MLS ID: DW25060827

Listing From:

Last updated: 2025-04-03T07:01:26.000Z

© , 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

4.11%
7.15%

Principal & Interest

$2,215 /mo
$3,093 /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 $790,868 (69%)
You can enter any amount below - secondary financing will cover the difference if needed.
69%
$

You cover the entire equity of $790,868!

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

Loan Breakdown

Assumed Mortgage4.11% Sellers Rate
$359,132
Your Cash:$790,868
Total Purchase Price:$1,150,000

Assumed vs Traditional Mortgage

Assumed @ 4.11%
$2,215/mo
Traditional @ 7.5%
$3,208/mo
You save $993/month ($11,912/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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