Laura Jewett

Laura Jewett

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Closed

$489,900

($323,093 down)
FHA

208 W 16th Street, San Bernardino, CA 92405

4
2
1,651 sqft
PITI Monthly
$1,266.09 /mo

Listing courtesy of: Andrea Bergin, Realty ONE Group Empire

Assumed Rate

4.2%
7.15%

Principal & Interest

$960 /mo
$1,326 /mo

What's Special

INVESTORS
REMODELED
SHOPPING
DINING
SPACIOUS
MODERN
FIREPLACE
CHARMING

This charming 1,651 sqft home offers four spacious bedrooms and two baths, perfect for families or investors. The updated kitchen features modern appliances and a three-stage water filtration system. Enjoy a detached garage equipped for a small shop, complete with a new door and motor, remote access, and extra storage behind it. The home includes three ventilation systems, new block and wrought iron fencing with a remote opener, and updated drain and sewer pipes in both bathrooms. The master bathroom was recently remodeled with a one-day bath/shower system and PEX plumbing. A rebuilt floor furnace and functional fireplace add to the comfort. Located in a friendly neighborhood with easy access to schools, parks, shopping, and dining, this is an opportunity you won't want to miss—schedule a viewing today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.2
Remaining Loan Term
21 years, 10 months
Monthly PITI
$1,266.09/mo
Estimated Loan Balance
$185,126
Cash to close
$323,093
Interest Paid
$62,262

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Unknown
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
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: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1918
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Curbs, Foothills, StormDrains, StreetLights, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: San Bernardino

Financial Details

  • Price per Sqft: $296.73
  • Tax Annual Amount: $
  • On Market Date: 2024-10-16T00:00:00.000Z
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 $323,093 (66%)
You can enter any amount below - secondary financing will cover the difference if needed.
66%
$

You cover the entire equity of $323,093!

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

Loan Breakdown

Assumed Mortgage4.2% Sellers Rate
$166,807
Your Cash:$323,093
Total Purchase Price:$489,900

Assumed vs Traditional Mortgage

Assumed @ 4.2%
$960/mo
Traditional @ 7.5%
$1,376/mo
You save $415/month ($4,986/year)

*Secondary financing rates are an estimated value based on input

MLS ID: HD24199800

Listing From:

Last updated: 2025-01-14T01:57:32.000Z

© , 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

4.2%
7.15%

Principal & Interest

$960 /mo
$1,326 /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 $323,093 (66%)
You can enter any amount below - secondary financing will cover the difference if needed.
66%
$

You cover the entire equity of $323,093!

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

Loan Breakdown

Assumed Mortgage4.2% Sellers Rate
$166,807
Your Cash:$323,093
Total Purchase Price:$489,900

Assumed vs Traditional Mortgage

Assumed @ 4.2%
$960/mo
Traditional @ 7.5%
$1,376/mo
You save $415/month ($4,986/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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