Laura Jewett

Laura Jewett

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Closed

$799,000

($348,329 down)
FHA

1677 Stony Brook Drive, Salinas, CA 93906

4
3
1,949 sqft
PITI Monthly
$4,415.29 /mo

Listing courtesy of: John Romley, Monterey Coast Realty

Assumed Rate

2.94%
7.15%

Principal & Interest

$3,807 /mo
$5,022 /mo

What's Special

SHOPPING
SPACIOUS
HARDWOOD FLOORS
WALK-IN CLOSET
BALCONY

Ideally situated on an oversized lot next to a greenbelt in the desirable Rivercross neighborhood of Creekbridge, this well-maintained home features 4 bedrooms plus a loft and 2.5 bathrooms. Property highlights include a spacious primary suite complete with walk-in closet and balcony, recently updated bathrooms, stainless steel kitchen appliances, engineered maple hardwood floors, and an attached 2 car garage with EV charging station. In addition, the fully fenced backyard offers the perfect combination of privacy and functionality with ample room to garden, relax, and entertain. Conveniently located within minutes to the Creekbridge Village shopping center, Natividad Creek Park, nature trails, and nearby schools, this opportunity is ready for its next chapter.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.94
Remaining Loan Term
11 years, 3 months
Monthly PITI
$4,415.29/mo
Estimated Loan Balance
$517,449
Cash to close
$348,329
Interest Paid
$54,868

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: None
  • Heating: ForcedAir
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: GasStarter, LivingRoom
  • Flooring: Carpet, Wood

Exterior

Fencing
  • Fencing: Wood
Roof
  • Roof: Tile
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: Unknown
Materials
  • Unknown
  • Roof: Tile
Condition
  • Year Built: 2000
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $409.95
  • Tax Annual Amount: $
  • On Market Date: 2024-11-13T00:00:00.000Z
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 $348,329 (44%)
You can enter any amount below - secondary financing will cover the difference if needed.
44%
$

You cover the entire equity of $348,329!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$450,671
Your Cash$348,329
Total Purchase Price:$799,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$3,807/mo
Traditional @ 7.5%
$5,137/mo
You save $1,331/month ($15,971/year)

*Secondary financing rates are an estimated value based on input

MLS ID: ML81986511

Listing From:

Last updated: 2025-01-14T00:44:16.000Z

© , 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

2.94%
7.15%

Principal & Interest

$3,807 /mo
$5,022 /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 $348,329 (44%)
You can enter any amount below - secondary financing will cover the difference if needed.
44%
$

You cover the entire equity of $348,329!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$450,671
Your Cash$348,329
Total Purchase Price:$799,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$3,807/mo
Traditional @ 7.5%
$5,137/mo
You save $1,331/month ($15,971/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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