Laura Jewett

Laura Jewett

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$1,319,000

($692,862 down)
FHA

1532 Kari Lane, Royal Oaks, CA 95076

5
4
2,218 sqft
PITI Monthly
$4,934.37 /mo

Listing courtesy of: Tyanne Scaletti, Bailey Properties

Assumed Rate

3.04%
7.15%

Principal & Interest

$2,900 /mo
$4,622 /mo

What's Special

LOCATION
DESIRED
SPACIOUS
VAULTED CEILINGS
WALK-IN CLOSET
MOUNTAIN VIEWS

Top of the Hill! Beautiful Custom, Single Level on 10.5 privacy acres, w/beautiful Valley & Mountain Views! Two-Separate 2 Car Garages one attached, one detached (greatly improved!), 2 Separate Driveways. Current Set up is 3BR 2 BA 2,218 sq ft single level home w/gourmet kitchen, spacious living room, wonderful primary suite w/ample walk-in closet PLUS w/a LEGAL 936 sq ft Granny Unit. Granny Unit Consists of 2BA & 2BA (recognized as a 1 bedroom W/office- currently used as 2 bedroom) single level w/beautiful kitchen & indoor laundry room truly beautiful! Solar assisted electricity w/battery storage too! Great family compound. Can be converted to 5BR 4 BA if desired by installing access door in hallway. 2 Beautiful Kitchens in main hm & ADU, Vaulted Ceilings, Built in appliances & so much more. Built home in 2006. Starlink Internet! Awesome Home for Entertaining/Family gatherings truly private & peaceful. Great Commute Location. Minutes to HWY's 101/129 &1. 25 Min to Salinas/Santa Cruz. Please note photos 56-85 are of the 2-bedroom ADU. Currently, additional units bring $3,900 per month income & live in 3/2! Covers 650k payment @ 6%!. Assumable 630K FHA loan @ 3 1/8 interest! You're going to love this beautiful home & property!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.04
Remaining Loan Term
25 years, 7 months
Monthly PITI
$4,934.37/mo
Estimated Loan Balance
$627,448
Cash to close
$692,862
Interest Paid
$87,622

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 4
Cooling & Heating
  • Cooling: None
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Tile, Wood

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories: 1
  • Home type: Duplex
  • Architectural Style: Custom
Materials
  • Unknown
  • Roof: Composition
Condition
  • Year Built: 2006
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Royal Oaks

Financial Details

  • Price per Sqft: $594.68
  • Tax Annual Amount: $16000
  • On Market Date: 2024-10-03T00:00:00.000Z
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 $692,862 (53%)
You can enter any amount below - secondary financing will cover the difference if needed.
53%
$

You cover the entire equity of $692,862!

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

Loan Breakdown

Assumed Mortgage3.04% Sellers Rate
$626,138
Your Cash:$692,862
Total Purchase Price:$1,319,000

Assumed vs Traditional Mortgage

Assumed @ 3.04%
$2,900/mo
Traditional @ 7.5%
$4,794/mo
You save $1,894/month ($22,730/year)

*Secondary financing rates are an estimated value based on input

MLS ID: ML81982562

Listing From:

Last updated: 2024-12-05T05:20:48.000Z

© , 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

3.04%
7.15%

Principal & Interest

$2,900 /mo
$4,622 /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 $692,862 (53%)
You can enter any amount below - secondary financing will cover the difference if needed.
53%
$

You cover the entire equity of $692,862!

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

Loan Breakdown

Assumed Mortgage3.04% Sellers Rate
$626,138
Your Cash:$692,862
Total Purchase Price:$1,319,000

Assumed vs Traditional Mortgage

Assumed @ 3.04%
$2,900/mo
Traditional @ 7.5%
$4,794/mo
You save $1,894/month ($22,730/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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