Laura Jewett

Laura Jewett

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$948,000

($311,576 down)
FHA

15517 Monterey Street, Morgan Hill, CA 95037

3
3
1,409 sqft
PITI Monthly
$3,617.05 /mo

Listing courtesy of: Ryan Mull, Keller Williams Property Team

Assumed Rate

3.09%
7.15%

Principal & Interest

$2,916 /mo
$4,618 /mo

What's Special

DINING
MOVE-IN READY
MODERN
CHARMING
COZY

SELLER FINANCING AVAILABLE! This charming former model, two-story townhome at The Gables (Residence 1) features a contemporary farmhouse exterior, provides 3 bedrooms, two and a half baths, and an attached two-car garage. Upgrades abound in this move-in ready home, complete with designer selected flooring, elegant Avalon stained shaker style cabinetry with modern bar pull hardware throughout, upgraded countertops and tile work, custom window shutter treatments, a Whirlpool stainless steel appliance package complete with a slide in double oven range, washer/dryer and refrigerator, custom mouldings and woodwork including a cozy built-in dining banquette, beautiful mouldings/wall treatments at the dining and great room areas, an alarm system, Amazon Home technology, and beautiful upgraded lighting and fixtures throughout. This home is the stand out you've been waiting for!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.09
Remaining Loan Term
26 years, 7 months
Monthly PITI
$3,617.05/mo
Estimated Loan Balance
$638,969
Cash to close
$311,576
Interest Paid
$69,665

Facts & Features

Interior

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

Exterior

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

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Contemporary
Materials
  • Concrete
  • Roof: Composition
Condition
  • Year Built: 2019
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: The Gables
  • HOA Amenities: Unknown
  • HOA Fee: $355
  • HOA Frequency: $Monthly
Location
  • Region: Morgan Hill

Financial Details

  • Price per Sqft: $672.82
  • Tax Annual Amount: $11850
  • On Market Date: 2025-01-09T00:00:00.000Z
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 $311,576 (33%)
You can enter any amount below - secondary financing will cover the difference if needed.
33%
$

You cover the entire equity of $311,576!

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

Loan Breakdown

Assumed Mortgage3.09% Sellers Rate
$636,424
Your Cash$311,576
Total Purchase Price:$948,000

Assumed vs Traditional Mortgage

Assumed @ 3.09%
$2,916/mo
Traditional @ 7.5%
$4,790/mo
You save $1,874/month ($22,491/year)

*Secondary financing rates are an estimated value based on input

MLS ID: ML81989886

Listing From:

Last updated: 2025-03-11T01:49:31.000Z

© , 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

3.09%
7.15%

Principal & Interest

$2,916 /mo
$4,618 /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 $311,576 (33%)
You can enter any amount below - secondary financing will cover the difference if needed.
33%
$

You cover the entire equity of $311,576!

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

Loan Breakdown

Assumed Mortgage3.09% Sellers Rate
$636,424
Your Cash$311,576
Total Purchase Price:$948,000

Assumed vs Traditional Mortgage

Assumed @ 3.09%
$2,916/mo
Traditional @ 7.5%
$4,790/mo
You save $1,874/month ($22,491/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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