Laura Jewett

Laura Jewett

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Pending

$381,800

($63,189 down)
FHA

194 Harp Court, Merced, CA 95341

4
3
2,180 sqft
PITI Monthly
$1,850.77 /mo

Listing courtesy of: Julie Kaley, Merced Homes Realty

Assumed Rate

3.06%
7.15%

Principal & Interest

$1,458 /mo
$2,317 /mo

What's Special

SPACIOUS
WALK-IN CLOSET
PRICE REDUCED

PRICE REDUCED! HUD Home! Loads of potential on this HUD Home. Situated in a newer housing development are of Merced - you have close proximity to Hwy 99 as well as Campus Pkwy Express out to UC Merced. Local schools nearby as well. Interior features a spacious floor plan with over 2200sqft on two levels. There are 4 bedrooms and 2.5 bathrooms (1/2 bath is located downstairs). Upstairs features the main bedroom with a HUGE walk-in closet. Open floor plan, kitchen features granite counters and plenty of cabinets. Indoor laundry located upstairs. Attached 2 car garage. Corner lot with nice sized backyard - ready for you to put your own personal touches. Come take a look today and see if this home is right for you.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.06
Remaining Loan Term
26 years, 2 months
Monthly PITI
$1,850.77/mo
Estimated Loan Balance
$366,390
Cash to close
$63,189
Interest Paid
$38,651

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Laminate

Exterior

Fencing
  • Fencing: Wood
Roof
  • Roof: Composition
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: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Contemporary
Materials
  • Unknown
  • Roof: Composition
Condition
  • Year Built: 2021
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Merced

Financial Details

  • Price per Sqft: $175.14
  • Tax Annual Amount: $4772.5
  • On Market Date: 2024-10-11T00:00:00.000Z
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 $63,189 (17%)
You can enter any amount below - secondary financing will cover the difference if needed.
17%
$

You cover the entire equity of $63,189!

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

Loan Breakdown

Assumed Mortgage3.06% Sellers Rate
$318,611
Your Cash$63,189
Total Purchase Price:$381,800

Assumed vs Traditional Mortgage

Assumed @ 3.06%
$1,458/mo
Traditional @ 7.5%
$2,404/mo
You save $946/month ($11,353/year)

*Secondary financing rates are an estimated value based on input

MLS ID: MC24211409

Listing From:

Last updated: 2025-03-24T19:14:31.000Z

© , 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

3.06%
7.15%

Principal & Interest

$1,458 /mo
$2,317 /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 $63,189 (17%)
You can enter any amount below - secondary financing will cover the difference if needed.
17%
$

You cover the entire equity of $63,189!

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

Loan Breakdown

Assumed Mortgage3.06% Sellers Rate
$318,611
Your Cash$63,189
Total Purchase Price:$381,800

Assumed vs Traditional Mortgage

Assumed @ 3.06%
$1,458/mo
Traditional @ 7.5%
$2,404/mo
You save $946/month ($11,353/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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