Laura Jewett

Laura Jewett

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Closed

$365,000

($109,658 down)
FHA

1356 Coconut Street, Madera, CA 93638

3
2
1,226 sqft
PITI Monthly
$2,227.96 /mo

Listing courtesy of: Anna Ordonez, Nino Real Estate

Assumed Rate

5.55%
7.15%

Principal & Interest

$1,510 /mo
$1,787 /mo

What's Special

INVESTORS
DINING
MODERN
CHARMING
RENTAL INCOME

Welcome to your new home in the vibrant city of Madera! This charming property has 3 bedrooms and 2 bathrooms. The kitchen offers a large island perfect for entertaining or working from home. With no formal dining room, the layout offers a more open and relaxed living space ideal for modern lifestyles. This property has a two-car garage for ample parking and storage. The washer, drier and new refrigerator will stay with the property. This home also includes a practical inside laundry area with a washer and dryer. The property sits on a substantial 8,276 Sq Ft lot perfect for adding a pool or potentially an ADU. Located within the Madera Unified School District, this home is perfect for families seeking a friendly community or investors seeking rental income. Don't miss out on making this lovely Madera home your own!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.55
Remaining Loan Term
27 years, 4 months
Monthly PITI
$2,227.96/mo
Estimated Loan Balance
$256,321
Cash to close
$109,658
Interest Paid
$38,464

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: None
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Composition
Condition
  • Year Built: 2011
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Madera

Financial Details

  • Price per Sqft: $297.72
  • Tax Annual Amount: $4562.5
  • On Market Date: 2025-02-08T00:00:00.000Z
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 $109,658 (30%)
You can enter any amount below - secondary financing will cover the difference if needed.
30%
$

You cover the entire equity of $109,658!

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

Loan Breakdown

Assumed Mortgage5.55% Sellers Rate
$255,342
Your Cash$109,658
Total Purchase Price:$365,000

Assumed vs Traditional Mortgage

Assumed @ 5.55%
$1,510/mo
Traditional @ 7.5%
$1,853/mo
You save $343/month ($4,116/year)

*Secondary financing rates are an estimated value based on input

MLS ID: ML81990125

Listing From:

Last updated: 2025-03-05T05:04:31.000Z

© , 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

5.55%
7.15%

Principal & Interest

$1,510 /mo
$1,787 /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 $109,658 (30%)
You can enter any amount below - secondary financing will cover the difference if needed.
30%
$

You cover the entire equity of $109,658!

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

Loan Breakdown

Assumed Mortgage5.55% Sellers Rate
$255,342
Your Cash$109,658
Total Purchase Price:$365,000

Assumed vs Traditional Mortgage

Assumed @ 5.55%
$1,510/mo
Traditional @ 7.5%
$1,853/mo
You save $343/month ($4,116/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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