Laura Jewett

Laura Jewett

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Closed

$859,000

($458,942 down)
FHA

1985 GLADSTONE Way, Salinas, CA 93906

4
3
2,195 sqft
PITI Monthly
$2,977.05 /mo

Listing courtesy of: Stella Rodriguez, Advantage Financial Services

Assumed Rate

4.34%
7.15%

Principal & Interest

$2,416 /mo
$3,282 /mo

What's Special

MODERN
LANDSCAPED
COZY

Welcome to your dream home! This beautifully maintained four bedroom, two-and-a-half-bath residence is perfect for families seeking comfort and style. Located in a family friendly neighborhood, this home features all bedrooms conveniently situated on the second floor, ensuring peace and privacy. As you enter the inviting living space. The first floor boasts a cozy family room and a separate living room, both adorned with stylish laminated wood flooring. A convenient half bath and multiple closets in the downstairs hallway enhance functionality. Enjoy cooking in a modern kitchen equipped with stunning granite slab countertops, stainless still appliances, gas cooktop and expansive pantry for ample of space to make organization a breeze. The garage has been creatively transformed into an impressive man cave, complete a large bar featuring a granite countertop and storage shelves. This versatile space still retains functionality as a garage. Step outside to fully landscaped front and back yards, featuring decorative concrete work throughout. Enjoy summer BBQ or peaceful evening in your outdoor retreat. This home is ready for your family to create lasting memories! Don't miss out on this incredible opportunity schedule a showing today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.34
Remaining Loan Term
20 years, 7 months
Monthly PITI
$2,977.05/mo
Estimated Loan Balance
$402,944
Cash to close
$458,942
Interest Paid
$181,283

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: None
  • Heating: Central, Fireplaces, Solar
Features
  • Materials: Concrete, Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom, GasStarter
  • Flooring: Carpet, Laminate, Tile

Exterior

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

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Concrete, Stucco
  • Roof: Tile
Condition
  • Year Built: 2000
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $391.34
  • Tax Annual Amount: $10737.5
  • On Market Date: 2024-10-15T00:00:00.000Z
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 $458,942 (53%)
You can enter any amount below - secondary financing will cover the difference if needed.
53%
$

You cover the entire equity of $458,942!

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

Loan Breakdown

Assumed Mortgage4.34% Sellers Rate
$400,058
Your Cash:$458,942
Total Purchase Price:$859,000

Assumed vs Traditional Mortgage

Assumed @ 4.34%
$2,416/mo
Traditional @ 7.5%
$3,404/mo
You save $988/month ($11,858/year)

*Secondary financing rates are an estimated value based on input

MLS ID: ML81983540

Listing From:

Last updated: 2025-02-13T20:09:44.000Z

© , 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

4.34%
7.15%

Principal & Interest

$2,416 /mo
$3,282 /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 $458,942 (53%)
You can enter any amount below - secondary financing will cover the difference if needed.
53%
$

You cover the entire equity of $458,942!

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

Loan Breakdown

Assumed Mortgage4.34% Sellers Rate
$400,058
Your Cash:$458,942
Total Purchase Price:$859,000

Assumed vs Traditional Mortgage

Assumed @ 4.34%
$2,416/mo
Traditional @ 7.5%
$3,404/mo
You save $988/month ($11,858/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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