Laura Jewett

Laura Jewett

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Closed

$899,000

($622,659 down)
FHA

15788 Cobalt Street, Sylmar, CA 91342

3
2
1,444 sqft
PITI Monthly
$2,817.5 /mo

Listing courtesy of: David Salmanson, Rodeo Realty

Assumed Rate

5.75%
7.15%

Principal & Interest

$2,319 /mo
$2,684 /mo

What's Special

FIREPLACE
INVESTMENT OPPORTUNITY

21,625SQFT FLAT LOT! CASH AND HARD MONEY OFFERS ONLY - Perfect investment opportunity to get close to a half acre of usable space for under a million dollars in the San Fernando Valley! 3 Bed 2 Bath House on a gated, very large, rectangular and flat lot in Sylmar that is close to the freeway. The property has a long driveway from front to the street that goes all the way to middle of the property past the house, along with a 2nd driveway that leads to the Detached Garage. The house is a FIXER with a large potential. Living room (with a fireplace) that opens to the kitchen along with a nice sized Master Bedroom and large master bathroom with 2 other bedrooms and guest bathroom. Detached garage and a few sheds already here for convenience. The huge flat lot has plenty of room to expand the house and build a pool and ADU while keeping your Detached Garage! Come see this now before its sold!!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.75
Remaining Loan Term
14 years, 3 months
Monthly PITI
$2,817.5/mo
Estimated Loan Balance
$285,087
Cash to close
$622,659
Interest Paid
$311,216

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Vinyl

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Shingle
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Stucco
  • Roof: Shingle
Condition
  • Year Built: 1951
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Sylmar

Financial Details

  • Price per Sqft: $622.58
  • Tax Annual Amount: $
  • On Market Date: 2024-09-25T00:00:00.000Z
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 $622,659 (69%)
You can enter any amount below - secondary financing will cover the difference if needed.
69%
$

You cover the entire equity of $622,659!

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

Loan Breakdown

Assumed Mortgage5.75% Sellers Rate
$276,341
Your Cash:$622,659
Total Purchase Price:$899,000

Assumed vs Traditional Mortgage

Assumed @ 5.75%
$2,319/mo
Traditional @ 7.5%
$2,784/mo
You save $465/month ($5,581/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SR24199210

Listing From:

Last updated: 2024-12-05T04:37:49.000Z

© , 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

5.75%
7.15%

Principal & Interest

$2,319 /mo
$2,684 /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 $622,659 (69%)
You can enter any amount below - secondary financing will cover the difference if needed.
69%
$

You cover the entire equity of $622,659!

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

Loan Breakdown

Assumed Mortgage5.75% Sellers Rate
$276,341
Your Cash:$622,659
Total Purchase Price:$899,000

Assumed vs Traditional Mortgage

Assumed @ 5.75%
$2,319/mo
Traditional @ 7.5%
$2,784/mo
You save $465/month ($5,581/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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