Laura Jewett

Laura Jewett

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Closed

$319,950

($84,053 down)
FHA

1873 Grand Ave, Sacramento, CA 95838

2
1
882 sqft
PITI Monthly
$1,389.88 /mo

Listing courtesy of: O'Lanre Owoborode, Realty ONE Group TODAY

Assumed Rate

2.77%
7.15%

Principal & Interest

$1,057 /mo
$1,744 /mo

What's Special

INVESTORS
SPACIOUS
GRANITE COUNTERTOPS
CHARMING
COZY
INCOME POTENTIAL
RENTAL INCOME
INVESTMENT OPPORTUNITY

Welcome to this lovely 2-bed, 1-bath home in move-in condition, perfect for first-time homebuyers or investors. Situated in a charming cottage style, this home offers a cozy and inviting atmosphere. Step inside to discover laminate flooring throughout, complemented by two-tone paint that adds a touch of elegance to the space. The kitchen features granite countertops, offering both style and functionality, while dual pane windows flood the rooms with natural light. The insulated garage, complete with a garage door opener, provides added convenience. Outside, the property boasts an iron fence and gated front yard, ensuring privacy and security. The large backyard offers plenty of space for outdoor activities and the possibility of RV access. Currently tenant-occupied, this property presents a great investment opportunity with instant rental income providing hassle-free management for the investor. With its great value, this home is ideal for FHA financing or first-time investors looking to capitalize on the summer market. Plus, the spacious backyard provides the perfect opportunity to add an Accessory Dwelling Unit (ADU) for additional income potential. Don't miss out on this fantastic opportunity to own a well-maintained property with income potential. See you soon !!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.77
Remaining Loan Term
25 years, 9 months
Monthly PITI
$1,389.88/mo
Estimated Loan Balance
$243,706
Cash to close
$84,053
Interest Paid
$28,992

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: CentralAir
  • Heating: ForcedAir
Features
  • Materials: Stucco, WoodSiding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Laminate, Tile

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories:
  • Home type: SingleFamilyResidence
  • Architectural Style: Bungalow
Materials
  • Stucco, WoodSiding
  • Roof: Unknown
Condition
  • Year Built: 1946
Details
  • Builder:

Community & HOA

Community
  • Subdivision: DEL PASO MANOR
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Sacramento

Financial Details

  • Price per Sqft: $362.76
  • Tax Annual Amount: $
  • On Market Date: 2024-07-22T00:00:00.000Z
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 $84,053 (26%)
You can enter any amount below - secondary financing will cover the difference if needed.
26%
$

You cover the entire equity of $84,053!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$235,897
Your Cash$84,053
Total Purchase Price:$319,950

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$1,057/mo
Traditional @ 7.5%
$1,809/mo
You save $752/month ($9,026/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 41067407

Listing From:

Last updated: 2024-12-05T03:47:05.000Z

© , 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

$1,057 /mo
$1,744 /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 $84,053 (26%)
You can enter any amount below - secondary financing will cover the difference if needed.
26%
$

You cover the entire equity of $84,053!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$235,897
Your Cash$84,053
Total Purchase Price:$319,950

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$1,057/mo
Traditional @ 7.5%
$1,809/mo
You save $752/month ($9,026/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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