Laura Jewett

Laura Jewett

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Closed

$750,000

($568,817 down)
FHA

162 PENNSYLVANIA Drive, Salinas, CA 93906

3
3
1,358 sqft
PITI Monthly
$1,518.34 /mo

Listing courtesy of: Shellie Davis, eXp Realty of California Inc

Assumed Rate

3.5%
7.15%

Principal & Interest

$1,124 /mo
$1,691 /mo

What's Special

SHOPPING
DINING
VAULTED CEILINGS
WALK-IN CLOSET
HOME OFFICE
CHARMING

Back on the market due to financing, not due to the property. Welcome to this charming 3 bedroom, 2 and a half bathroom home nestled in the desirable Harden Ranch neighborhood of North Salinas. Imagine sipping your morning coffee in a rocking chair on the covered front porch. Upon entry you will find an open floor plan with vaulted ceilings and abundant natural light. The inviting living room flows seamlessly into the dining area and open kitchen. Some updates you will enjoy are the recently replaced dual pane windows as well as levered window coverings, new laminate flooring in the living room and dining area and all 3 bathroom vanities. The large primary bedroom is a peaceful retreat with an ensuite bathroom and a generous walk-in closet. The two additional bedrooms are perfect for guests, a home office, or a growing family. Enjoy a low-maintenance backyard, ideal for entertaining, gardening, or simply relaxing. The attached two-car garage provides ample storage. This home is conveniently located close to schools, parks, shopping centers, and easy access to Highway 101 for commuting. Don't miss out on this move-in-ready gem! Surveillance cameras on property.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.5
Remaining Loan Term
17 years, 7 months
Monthly PITI
$1,518.34/mo
Estimated Loan Balance
$182,369
Cash to close
$568,817
Interest Paid
$94,118

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: None
  • Heating: ForcedAir
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Tile

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • 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: Unknown
Materials
  • Unknown
  • Roof: Tile
Condition
  • Year Built: 1993
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $552.28
  • Tax Annual Amount: $
  • On Market Date: 2024-09-20T00:00:00.000Z
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 $568,817 (76%)
You can enter any amount below - secondary financing will cover the difference if needed.
76%
$

You cover the entire equity of $568,817!

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

Loan Breakdown

Assumed Mortgage3.5% Sellers Rate
$181,183
Your Cash:$568,817
Total Purchase Price:$750,000

Assumed vs Traditional Mortgage

Assumed @ 3.5%
$1,124/mo
Traditional @ 7.5%
$1,754/mo
You save $630/month ($7,558/year)

*Secondary financing rates are an estimated value based on input

MLS ID: ML81981058

Listing From:

Last updated: 2025-01-14T02:18:25.000Z

© , 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

3.5%
7.15%

Principal & Interest

$1,124 /mo
$1,691 /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 $568,817 (76%)
You can enter any amount below - secondary financing will cover the difference if needed.
76%
$

You cover the entire equity of $568,817!

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

Loan Breakdown

Assumed Mortgage3.5% Sellers Rate
$181,183
Your Cash:$568,817
Total Purchase Price:$750,000

Assumed vs Traditional Mortgage

Assumed @ 3.5%
$1,124/mo
Traditional @ 7.5%
$1,754/mo
You save $630/month ($7,558/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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