Laura Jewett

Laura Jewett

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Closed

$369,000

($184,725 down)
FHA

1803 Stretch Road, Merced, CA 95340

3
2
1,362 sqft
PITI Monthly
$1,511.41 /mo

Listing courtesy of: Kaden Rocha, S.A. Jones Land Company

Assumed Rate

2.77%
7.15%

Principal & Interest

$833 /mo
$1,374 /mo

What's Special

FRESH PAINT
DINING
SPACIOUS
RENOVATED
FIREPLACE

Welcome to 1803 Stretch rd in Merced CA. This Beautiful 3 bedroom 2 bath home was recently renovated and refreshed with care by the owner. Built in 1967, the house is 1362 sq ft and is on a 7,840 sq ft corner lot. Step into a spacious living room with a built in fireplace and room for the whole family to enjoy movie nights. It features all updated appliances in a very large kitchen and dining area. All updated flooring in the home and fresh paint as well. Lots of closet space in every room built in with cupboards and cabinets also plentiful throughout. With an attached 2 car garage, RV space fenced on the side and a circular driveway there is plenty of room for all your vehicles and toys. Located close to HWY 99 and Campus Parkway you can feel comfort in easily accessing those major roadways within minutes.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.77
Remaining Loan Term
25 years, 9 months
Monthly PITI
$1,511.41/mo
Estimated Loan Balance
$185,087
Cash to close
$184,725
Interest Paid
$22,847

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: SepticTank
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1967
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Suburban
HOA
  • Has HOA: No
Location
  • Region: Merced

Financial Details

  • Price per Sqft: $270.93
  • Tax Annual Amount: $4612.5
  • On Market Date: 2025-02-21T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $184,725 (50%)
You can enter any amount below - secondary financing will cover the difference if needed.
50%
$

You cover the entire equity of $184,725!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$184,275
Your Cash:$184,725
Total Purchase Price:$369,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$833/mo
Traditional @ 7.5%
$1,426/mo
You save $593/month ($7,113/year)

*Secondary financing rates are an estimated value based on input

MLS ID: MC25039094

Listing From:

Last updated: 2025-04-01T21:15:58.000Z

© , 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

2.77%
7.15%

Principal & Interest

$833 /mo
$1,374 /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 $184,725 (50%)
You can enter any amount below - secondary financing will cover the difference if needed.
50%
$

You cover the entire equity of $184,725!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$184,275
Your Cash:$184,725
Total Purchase Price:$369,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$833/mo
Traditional @ 7.5%
$1,426/mo
You save $593/month ($7,113/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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