Laura Jewett

Laura Jewett

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Closed

$569,000

($140,652 down)
FHA

1909 Mountain Oak Road, Bakersfield, CA 93311

4
2
2,211 sqft
PITI Monthly
$4,067.78 /mo

Listing courtesy of: Anthony Zermeno, Label Realty Group

Assumed Rate

7.44%
7.15%

Principal & Interest

$3,003 /mo
$2,918 /mo

What's Special

SERENE
SHOPPING
SPACIOUS
VAULTED CEILINGS
LANDSCAPED
FAMILY-FRIENDLY

Welcome to 1909 Mountain Oak Road, a stunning 4-bedroom, 2-bath home boasting over 2,200 sq. ft. of living space on a beautifully landscaped quarter-acre lot. Located in the prestigious Oaks neighborhood, this property offers a perfect blend of style, comfort, and functionality. Step inside to discover an open floor plan enhanced by vaulted ceilings, creating an inviting and spacious atmosphere. The layout is perfect for entertaining or everyday living, with stylish design touches throughout. The backyard is a serene retreat, featuring a sparkling pool, ideal for hosting gatherings or enjoying quiet relaxation. Lush fruit trees, including lemon and grapefruit, elevate the beautifully manicured landscaping, providing both beauty and bounty. A side yard offers ample RV parking and potential for additional enhancements of an ADU or garden space.  Situated in a family-friendly community, this home is within walking distance to The Marketplace shopping center and a culmination of several restaurants. The neighborhood is renowned for its excellent schools, peaceful streets, and convenient access to parks, recreation areas, and other amenities. This is a rare opportunity to own a move-in-ready home in one of Bakersfield's most desirable neighborhoods at an incredible value.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
7.44
Remaining Loan Term
28 years, 9 months
Monthly PITI
$4,067.78/mo
Estimated Loan Balance
$430,053
Cash to close
$140,652
Interest Paid
$39,962

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir, EvaporativeCooling, WholeHouseFan
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Gas, LivingRoom, PrimaryBedroom
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Wood
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer, Unknown
  • Water Source: Public
Pool
  • Has Pool: Yes
  • Pool Features: Fenced, InGround, Private

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1984
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Suburban, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Bakersfield

Financial Details

  • Price per Sqft: $257.35
  • Tax Annual Amount: $7112.5
  • On Market Date: 2024-11-22T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $140,652 (25%)
You can enter any amount below - secondary financing will cover the difference if needed.
25%
$

You cover the entire equity of $140,652!

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

Loan Breakdown

Assumed Mortgage7.44% Sellers Rate
$428,348
Your Cash$140,652
Total Purchase Price:$569,000

Assumed vs Traditional Mortgage

Assumed @ 7.44%
$3,003/mo
Traditional @ 7.5%
$3,027/mo
You save $24/month ($284/year)

*Secondary financing rates are an estimated value based on input

MLS ID: OC24239097

Listing From:

Last updated: 2024-12-10T19:14:05.000Z

© , 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

7.44%
7.15%

Principal & Interest

$3,003 /mo
$2,918 /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 $140,652 (25%)
You can enter any amount below - secondary financing will cover the difference if needed.
25%
$

You cover the entire equity of $140,652!

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

Loan Breakdown

Assumed Mortgage7.44% Sellers Rate
$428,348
Your Cash$140,652
Total Purchase Price:$569,000

Assumed vs Traditional Mortgage

Assumed @ 7.44%
$3,003/mo
Traditional @ 7.5%
$3,027/mo
You save $24/month ($284/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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