Laura Jewett

Laura Jewett

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Closed

$735,000

($366,785 down)
FHA

1768 Arcane Street, Simi Valley, CA 93065

3
2
1,226 sqft
PITI Monthly
$2,625.36 /mo

Listing courtesy of: Jose Morales, eXp Realty of California, Inc

Assumed Rate

3.8%
7.15%

Principal & Interest

$2,091 /mo
$3,031 /mo

What's Special

SHOPPING
ENTERTAINMENT
DINING
SPACIOUS
FIREPLACE
PATIO
CHARMING
COZY

Nestled in the heart of Simi Valley, this charming single-story home offers 1,226 sq. ft. of living space. Upon entering, you're greeted by a cozy carpeted living room and dining area that feature a warm fireplace--perfect for those winter nights. A sliding glass door connects the dining area to the expansive backyard, providing an inviting indoor-outdoor flow. The kitchen boasts ample wooden cabinetry for storage and all the essentials for home-cooked meals. Conveniently located off the dining area is a half bath for guests.Down the hallway, you'll find three comfortable bedrooms, each with their own closet and a shared full bathroom. The true gem of this home is the backyard featuring a covered patio, sparkling pool, and an outdoor built-in BBQ making it the ideal place for hosting all the family events. The large lot also includes a two-car garage and a spacious driveway for additional parking. Located across Grace Elementary School and close to parks, shopping centers and much more. This property is a perfect blend of comfort and entertainment, making it an ideal place to call home!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.8
Remaining Loan Term
21 years, 1 months
Monthly PITI
$2,625.36/mo
Estimated Loan Balance
$384,772
Cash to close
$366,785
Interest Paid
$138,561

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Unknown
  • Heating: Unknown
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: DiningRoom
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: Yes
  • Pool Features: InGround, Private

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1962
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: StreetLights, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Simi Valley

Financial Details

  • Price per Sqft: $599.51
  • Tax Annual Amount: $
  • On Market Date: 2024-10-17T00:00:00.000Z
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 $366,785 (50%)
You can enter any amount below - secondary financing will cover the difference if needed.
50%
$

You cover the entire equity of $366,785!

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

Loan Breakdown

Assumed Mortgage3.8% Sellers Rate
$368,215
Your Cash$366,785
Total Purchase Price:$735,000

Assumed vs Traditional Mortgage

Assumed @ 3.8%
$2,091/mo
Traditional @ 7.5%
$3,144/mo
You save $1,053/month ($12,634/year)

*Secondary financing rates are an estimated value based on input

MLS ID: V1-26292

Listing From:

Last updated: 2024-12-13T19:18:32.000Z

© , 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

3.8%
7.15%

Principal & Interest

$2,091 /mo
$3,031 /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 $366,785 (50%)
You can enter any amount below - secondary financing will cover the difference if needed.
50%
$

You cover the entire equity of $366,785!

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

Loan Breakdown

Assumed Mortgage3.8% Sellers Rate
$368,215
Your Cash$366,785
Total Purchase Price:$735,000

Assumed vs Traditional Mortgage

Assumed @ 3.8%
$2,091/mo
Traditional @ 7.5%
$3,144/mo
You save $1,053/month ($12,634/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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