Laura Jewett

Laura Jewett

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Closed

$1,149,000

($436,739 down)
FHA

17035 Peppertree Drive, Morgan Hill, CA 95037

3
2
1,160 sqft
PITI Monthly
$4,003.73 /mo

Listing courtesy of: Sam Araj, Compass

Assumed Rate

2.89%
7.15%

Principal & Interest

$3,236 /mo
$5,257 /mo

What's Special

SPACIOUS
MODERN
HOME OFFICE
CHARMING
COZY

Welcome to 17035 Peppertree Drive, a charming 3-bedroom, 2-bathroom home in the heart of Morgan Hill. This delightful residence spans 1,160 square feet and offers a blend of modern amenities and cozy living. The open-concept living area is perfect for entertaining, featuring a seamless flow into a well-appointed kitchen with updated appliances and ample counter space. Retreat to the spacious primary bedroom complete with an en-suite bathroom for added privacy. Two additional bedrooms provide flexibility for guest rooms, a home office, or a personal gym. Step outside to a lovely backyard, ideal for relaxing or gardening. Located in a desirable neighborhood, this home is a true gem waiting for you to make it your own. Don't miss out on this fantastic opportunity!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.89
Remaining Loan Term
25 years, 8 months
Monthly PITI
$4,003.73/mo
Estimated Loan Balance
$868,106
Cash to close
$436,739
Interest Paid
$92,954

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Laminate

Exterior

Fencing
  • Fencing: Unknown
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: Unknown

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Shingle
Condition
  • Year Built: 1974
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Morgan Hill

Financial Details

  • Price per Sqft: $990.52
  • Tax Annual Amount: $
  • On Market Date: 2024-09-17T00:00:00.000Z
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 $436,739 (38%)
You can enter any amount below - secondary financing will cover the difference if needed.
38%
$

You cover the entire equity of $436,739!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$712,261
Your Cash$436,739
Total Purchase Price:$1,149,000

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$3,236/mo
Traditional @ 7.5%
$5,453/mo
You save $2,218/month ($26,611/year)

*Secondary financing rates are an estimated value based on input

MLS ID: ML81980608

Listing From:

Last updated: 2024-11-05T20:45:16.000Z

© , 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

2.89%
7.15%

Principal & Interest

$3,236 /mo
$5,257 /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 $436,739 (38%)
You can enter any amount below - secondary financing will cover the difference if needed.
38%
$

You cover the entire equity of $436,739!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$712,261
Your Cash$436,739
Total Purchase Price:$1,149,000

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$3,236/mo
Traditional @ 7.5%
$5,453/mo
You save $2,218/month ($26,611/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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