Laura Jewett

Laura Jewett

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Closed

$399,999

($136,307 down)
FHA

1900 Kenneth Street, Modesto, CA 95351

N/A
N/A
1,546 sqft
PITI Monthly
$2,186.51 /mo

Listing courtesy of: Hernani Mendoza, Cristina Martinez Company

Assumed Rate

4.63%
7.15%

Principal & Interest

$1,515 /mo
$1,990 /mo

What's Special

MINUTES AWAY

This is an investor's opportunity, with great potential and room for upgrades. Corner lot duplex, currently both units are occupied by good-standing tenants. Each unit has 2 bedrooms and 1 full bathroom. Minutes away from Highway 99 and downtown Modesto. Don't miss this opportunity!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.63
Remaining Loan Term
23 years, 7 months
Monthly PITI
$2,186.51/mo
Estimated Loan Balance
$301,073
Cash to close
$136,307
Interest Paid
$82,793

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms:
  • Bathrooms: 0
Cooling & Heating
  • Cooling: WallWindowUnits
  • Heating: WallFurnace
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Laminate, Tile

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories: 1
  • Home type: Duplex
  • Architectural Style: Traditional
Materials
  • Unknown
  • Roof: Composition
Condition
  • Year Built: 1948
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Modesto

Financial Details

  • Price per Sqft: $258.73
  • Tax Annual Amount: $3750
  • On Market Date: 2024-08-14T00:00:00.000Z
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 $136,307 (34%)
You can enter any amount below - secondary financing will cover the difference if needed.
34%
$

You cover the entire equity of $136,307!

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

Loan Breakdown

Assumed Mortgage4.63% Sellers Rate
$263,692
Your Cash$136,307
Total Purchase Price:$399,999

Assumed vs Traditional Mortgage

Assumed @ 4.63%
$1,515/mo
Traditional @ 7.5%
$2,064/mo
You save $548/month ($6,580/year)

*Secondary financing rates are an estimated value based on input

MLS ID: ML81976689

Listing From:

Last updated: 2024-11-16T07:54:05.000Z

© , 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

4.63%
7.15%

Principal & Interest

$1,515 /mo
$1,990 /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 $136,307 (34%)
You can enter any amount below - secondary financing will cover the difference if needed.
34%
$

You cover the entire equity of $136,307!

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

Loan Breakdown

Assumed Mortgage4.63% Sellers Rate
$263,692
Your Cash$136,307
Total Purchase Price:$399,999

Assumed vs Traditional Mortgage

Assumed @ 4.63%
$1,515/mo
Traditional @ 7.5%
$2,064/mo
You save $548/month ($6,580/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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