Laura Jewett

Laura Jewett

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$949,000

($689,485 down)
FHA

188 Banff Springs Way, San Jose, CA 95139

3
2
1,640 sqft
PITI Monthly
$3,554.66 /mo

Listing courtesy of: Steve Coan, Coldwell Banker Realty

Assumed Rate

5%
7.15%

Principal & Interest

$2,076 /mo
$2,611 /mo

What's Special

SHOPPING
SPACIOUS
MODERN
COZY

Back on market, now is the time to take a 2nd look. TFT, No fault of seller. This welcoming 1,640 sq ft home offers a comfortable living experience with 3 bedrooms and 2 full bathrooms. The property is situated in a quiet family friendly community. The kitchen is well-equipped with modern amenities including Granite counters, oak cabinetry & all newer Whirlpool stainless appliances including a side-by-side refrigerator, that stays! The kitchen seamlessly connects to the family room creating a cozy communal space. Flooring throughout the home includes gleaming wood laminate, tile & tile, providing a mix of comfort and elegance. Relax with comfort of central forced heat & air, dual pane windows or stay cool with ceiling fans & central AC. The primary bedroom plus 2 additional bedrooms all on one level, offer convenience & accessibility. The community features a large heated in-ground pool for leisurely swims. Laundry needs are met with an inside washer/dryer setup. Roof replaced by HOA 4 yrs ago. Parking is made easy with a spacious 2-car garage & a designated carport. All copper plumbing, newer roof, recently purchased appliances & convenient to shopping, freeways, Light Rail, hiking trails & golf courses. Open this Sat/Sun from 1-4. Clean w/updates & move in ready! A must see!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5
Remaining Loan Term
14 years, 9 months
Monthly PITI
$3,554.66/mo
Estimated Loan Balance
$261,491
Cash to close
$689,485
Interest Paid
$252,704

Facts & Features

Interior

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

Exterior

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

Construction

Type & Style
  • Stories: 1
  • Home type: Townhouse
  • Architectural Style: Unknown
Materials
  • Stucco
  • Roof: Shingle
Condition
  • Year Built: 1971
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Santa Teresa Townhomes
  • HOA Amenities: Unknown
  • HOA Fee: $469
  • HOA Frequency: $Monthly
Location
  • Region: San Jose

Financial Details

  • Price per Sqft: $578.66
  • Tax Annual Amount: $11862.5
  • On Market Date: 2025-03-21T00:00:00.000Z
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 $689,485 (73%)
You can enter any amount below - secondary financing will cover the difference if needed.
73%
$

You cover the entire equity of $689,485!

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

Loan Breakdown

Assumed Mortgage5% Sellers Rate
$259,515
Your Cash:$689,485
Total Purchase Price:$949,000

Assumed vs Traditional Mortgage

Assumed @ 5%
$2,076/mo
Traditional @ 7.5%
$2,709/mo
You save $633/month ($7,598/year)

*Secondary financing rates are an estimated value based on input

MLS ID: ML81998930

Listing From:

Last updated: 2025-04-01T22:27:40.000Z

© , 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%
7.15%

Principal & Interest

$2,076 /mo
$2,611 /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 $689,485 (73%)
You can enter any amount below - secondary financing will cover the difference if needed.
73%
$

You cover the entire equity of $689,485!

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

Loan Breakdown

Assumed Mortgage5% Sellers Rate
$259,515
Your Cash:$689,485
Total Purchase Price:$949,000

Assumed vs Traditional Mortgage

Assumed @ 5%
$2,076/mo
Traditional @ 7.5%
$2,709/mo
You save $633/month ($7,598/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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