Laura Jewett

Laura Jewett

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$600,000

($390,341 down)
FHA

1894 E Cooley Avenue, San Bernardino, CA 92408

3
2
1,357 sqft
PITI Monthly
$2,158.78 /mo

Listing courtesy of: Noe Blanco, RE/MAX Alliance Group

Assumed Rate

4.15%
7.15%

Principal & Interest

$1,193 /mo
$1,658 /mo

What's Special

LOCATION
SPACIOUS
CONVENIENT LOCATION
RENTAL INCOME
INVESTMENT OPPORTUNITY

Welcome to San Bernardino, CA Discover the endless possibilities that await at this remarkable property, where ample space meets boundless potential. Situated on a generous lot, this residence invites you to explore a world of opportunities. Property Highlights: Spacious Lot: Boasting a sizable lot, there's plenty of room to unleash your creativity and build additional structures. The expansive space opens the door to the creation of an Accessory Dwelling Unit (ADU) and Junior ADU, allowing for versatile living arrangements. 20K Plus Square Foot Lot: With over 20,000 square feet at your disposal, envision the potential to craft a personalized haven that suits your unique needs and desires. Current Use: Presently utilized as a day care, this property showcases its adaptability. Whether you choose to continue with this purpose or explore alternative uses, the layout and space provide a canvas for your vision. Development Opportunities: ADU Possibilities: Leverage the generous lot size to build an Additional Dwelling Unit (ADU) or Junior ADU. This not only enhances the property's value but also expands the range of possibilities for multi-generational living or rental income. Location: Nestled in San Bernardino, the property enjoys a convenient location with access to local amenities, schools, and transportation. Versatile Living: The property's current use as a day care underscores its adaptability. Explore the potential for a variety of living arrangements, be it a spacious family residence or a dynamic investment opportunity. Your Canvas Awaits: With a canvas of possibilities before you, this property is an invitation to turn your dreams into reality. Whether you're envisioning a family home, an investment venture, or a combination of both, COOLEY ST HOME is ready to accommodate your vision. Seize the opportunity to transform this property into the perfect reflection of your aspirations. Schedule a viewing today and unlock the potential that awaits at E Cooley Ave!

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Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.15
Remaining Loan Term
21 years, 11 months
Monthly PITI
$2,158.78/mo
Estimated Loan Balance
$309,608
Cash to close
$390,341
Interest Paid
$76,141

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: None
  • Heating: Unknown
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • 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: 1946
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Biking
HOA
  • Has HOA: No
Location
  • Region: San Bernardino

Financial Details

  • Price per Sqft: $442.15
  • Tax Annual Amount: $7500
  • On Market Date: 2023-12-14T00:00:00.000Z
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 $390,341 (65%)
You can enter any amount below - secondary financing will cover the difference if needed.
65%
$

You cover the entire equity of $390,341!

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

Loan Breakdown

Assumed Mortgage4.15% Sellers Rate
$209,659
Your Cash:$390,341
Total Purchase Price:$600,000

Assumed vs Traditional Mortgage

Assumed @ 4.15%
$1,193/mo
Traditional @ 7.5%
$1,720/mo
You save $526/month ($6,318/year)

*Secondary financing rates are an estimated value based on input

MLS ID: IN23226484

Listing From:

Last updated: 2024-09-30T18:43:07.000Z

© , 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

4.15%
7.15%

Principal & Interest

$1,193 /mo
$1,658 /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 $390,341 (65%)
You can enter any amount below - secondary financing will cover the difference if needed.
65%
$

You cover the entire equity of $390,341!

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

Loan Breakdown

Assumed Mortgage4.15% Sellers Rate
$209,659
Your Cash:$390,341
Total Purchase Price:$600,000

Assumed vs Traditional Mortgage

Assumed @ 4.15%
$1,193/mo
Traditional @ 7.5%
$1,720/mo
You save $526/month ($6,318/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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