Laura Jewett

Laura Jewett

Property SearchContact
primary-1
primary-2primary-3
Closed

$397,000

($224,582 down)
FHA

1944 E Alexander Avenue, Merced, CA 95340

4
2
1,500 sqft
PITI Monthly
$1,248.07 /mo

Listing courtesy of: Scott Messing, London Properties Ltd - Merced

Assumed Rate

3.77%
7.15%

Principal & Interest

$953 /mo
$1,386 /mo

What's Special

LOCATION
DINING
FIREPLACE
PATIO

Welcome to this 4 bedroom, 2 bath home with a great location, plus curb appeal. Features include updated dual pane windows, additional newer kitchen cabinets, French doors from the family room to the back patio and French doors from the kitchen eating area to the covered side patio. Home also has a formal dining area, a large family room with wood burning fireplace, a water softener, updated insulation in the attic and updated bathrooms. The main suite bathroom has an extra-large tiled shower stall with glass border, plus dual vanities. Back yard is large with room for a new pool. Entertain on both patio areas and settle in to make it your own!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.77
Remaining Loan Term
21 years, 9 months
Monthly PITI
$1,248.07/mo
Estimated Loan Balance
$181,679
Cash to close
$224,582
Interest Paid
$58,618

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Brick
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom, WoodBurning
  • Flooring: Carpet, Tile, Vinyl

Exterior

Fencing
  • Fencing: AverageCondition
Roof
  • Roof: Composition, Shingle
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Ranch
Materials
  • Brick
  • Roof: Composition, Shingle
Condition
  • Year Built: 1972
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Curbs, Gutters, StreetLights
HOA
  • Has HOA: No
Location
  • Region: Merced

Financial Details

  • Price per Sqft: $264.67
  • Tax Annual Amount: $
  • On Market Date: 2024-09-27T00:00:00.000Z
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 $224,582 (57%)
You can enter any amount below - secondary financing will cover the difference if needed.
57%
$

You cover the entire equity of $224,582!

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

Loan Breakdown

Assumed Mortgage3.77% Sellers Rate
$172,418
Your Cash:$224,582
Total Purchase Price:$397,000

Assumed vs Traditional Mortgage

Assumed @ 3.77%
$953/mo
Traditional @ 7.5%
$1,438/mo
You save $485/month ($5,820/year)

*Secondary financing rates are an estimated value based on input

MLS ID: MC24200626

Listing From:

Last updated: 2024-11-06T19:15:50.000Z

© , 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

3.77%
7.15%

Principal & Interest

$953 /mo
$1,386 /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 $224,582 (57%)
You can enter any amount below - secondary financing will cover the difference if needed.
57%
$

You cover the entire equity of $224,582!

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

Loan Breakdown

Assumed Mortgage3.77% Sellers Rate
$172,418
Your Cash:$224,582
Total Purchase Price:$397,000

Assumed vs Traditional Mortgage

Assumed @ 3.77%
$953/mo
Traditional @ 7.5%
$1,438/mo
You save $485/month ($5,820/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

Powered By UMe.

© 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.

equal-housing

© is committed to and abides by the Fair Housing Act of Equal Opportunity.