Laura Jewett

Laura Jewett

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Closed

$732,000

($569,123 down)
FHA

1688 Hilton Street, Seaside, CA 93955

2
1
773 sqft
PITI Monthly
$2,434.92 /mo

Listing courtesy of: Monterey Peninsul..., KW Coastal Estates

Assumed Rate

5.38%
7.15%

Principal & Interest

$1,293 /mo
$1,558 /mo

What's Special

HARDWOOD FLOORS
FIREPLACE

Cute mid-century 2 bedroom, 1 bath Seaside cottage with beautiful, vintage, original oak hardwood floors, set on a roomy 4700 square foot lot. Built in 1952, this cottage has many of the forgotten features in newer construction homes, like built-in closet cabinets in each bedroom, tall upper cabinets, a 2-tone tile countertop and built in shelving in the kitchen, French doors separating the kitchen and living room, and a brick fireplace. There is mature landscaping in the front yard offering the new owners some privacy from the street and a covered front porch, along with a nice back yard for enjoying the outdoors and the sunnier weather Seaside has to offer. There is an attached garage and room for an additional vehicle of trailer around the side of the house.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.38
Remaining Loan Term
15 years, 0 months
Monthly PITI
$2,434.92/mo
Estimated Loan Balance
$163,437
Cash to close
$569,123
Interest Paid
$161,427

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: None
  • Heating: Central, Fireplaces
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: WoodBurning
  • Flooring: Wood

Exterior

Fencing
  • Fencing: Wood
Roof
  • Roof: Shingle
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Traditional
Materials
  • Unknown
  • Roof: Shingle
Condition
  • Year Built: 1952
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $946.96
  • Tax Annual Amount: $9150
  • On Market Date: 2024-05-16T00:00:00.000Z
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 $569,123 (78%)
You can enter any amount below - secondary financing will cover the difference if needed.
78%
$

You cover the entire equity of $569,123!

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

Loan Breakdown

Assumed Mortgage5.38% Sellers Rate
$162,877
Your Cash:$569,123
Total Purchase Price:$732,000

Assumed vs Traditional Mortgage

Assumed @ 5.38%
$1,293/mo
Traditional @ 7.5%
$1,617/mo
You save $324/month ($3,885/year)

*Secondary financing rates are an estimated value based on input

MLS ID: ML81965936

Listing From:

Last updated: 2024-12-05T03:45:53.000Z

© , 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

5.38%
7.15%

Principal & Interest

$1,293 /mo
$1,558 /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 $569,123 (78%)
You can enter any amount below - secondary financing will cover the difference if needed.
78%
$

You cover the entire equity of $569,123!

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

Loan Breakdown

Assumed Mortgage5.38% Sellers Rate
$162,877
Your Cash:$569,123
Total Purchase Price:$732,000

Assumed vs Traditional Mortgage

Assumed @ 5.38%
$1,293/mo
Traditional @ 7.5%
$1,617/mo
You save $324/month ($3,885/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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