Laura Jewett

Laura Jewett

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$390,000

($149,437 down)
FHA

131 Bedford Way, Bakersfield, CA 93308

5
3
2,387 sqft
PITI Monthly
$2,288.14 /mo

Listing courtesy of: Michelle Valverde, MV & Associates

Assumed Rate

7.06%
7.15%

Principal & Interest

$1,621 /mo
$1,636 /mo

What's Special

INVESTORS
SPACIOUS
INVESTMENT OPPORTUNITY

This 5-bedroom, 2-bathroom home is a fantastic investment opportunity for those with vision! Situated on a huge 12,196 sq. ft. corner lot, this two-story home with a unique basement offers ample space and versatility. The backyard features a pool, perfect for creating your own private oasis. While the home needs some TLC, it's packed with potentialideal for investors or buyers looking to renovate and make it their own. Don't miss this chance to transform a spacious property into something truly special!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
7.06
Remaining Loan Term
29 years, 3 months
Monthly PITI
$2,288.14/mo
Estimated Loan Balance
$240,971
Cash to close
$149,437
Interest Paid
$12,781

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: ForcedAir
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Block, Wood
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: Yes
  • Pool Features: InGround, Private

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Composition
Condition
  • Year Built: 1943
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Curbs, Urban
HOA
  • Has HOA: No
Location
  • Region: Bakersfield

Financial Details

  • Price per Sqft: $163.39
  • Tax Annual Amount: $4875
  • On Market Date: 2025-03-10T00:00:00.000Z
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 $149,437 (38%)
You can enter any amount below - secondary financing will cover the difference if needed.
38%
$

You cover the entire equity of $149,437!

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

Loan Breakdown

Assumed Mortgage7.06% Sellers Rate
$240,563
Your Cash$149,437
Total Purchase Price:$390,000

Assumed vs Traditional Mortgage

Assumed @ 7.06%
$1,621/mo
Traditional @ 7.5%
$1,697/mo
You save $76/month ($908/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SR25052768

Listing From:

Last updated: 2025-03-11T13:42:31.000Z

© , 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

7.06%
7.15%

Principal & Interest

$1,621 /mo
$1,636 /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 $149,437 (38%)
You can enter any amount below - secondary financing will cover the difference if needed.
38%
$

You cover the entire equity of $149,437!

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

Loan Breakdown

Assumed Mortgage7.06% Sellers Rate
$240,563
Your Cash$149,437
Total Purchase Price:$390,000

Assumed vs Traditional Mortgage

Assumed @ 7.06%
$1,621/mo
Traditional @ 7.5%
$1,697/mo
You save $76/month ($908/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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