Laura Jewett

Laura Jewett

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Pending

$1,120,050

($713,836 down)
FHA

22802 Ordonez Drive, Salinas, CA 93908

3
2
1,965 sqft
PITI Monthly
$3,669.79 /mo

Listing courtesy of: Angela Savage, Steinbeck Real Estate, Inc.

Assumed Rate

2.94%
7.15%

Principal & Interest

$1,884 /mo
$3,042 /mo

What's Special

DINING
SPACIOUS
BREAKFAST NOOK
FIREPLACE
HOME OFFICE
DECK
PRIVATE BACKYARD
CHARMING
COZY

Welcome to Toro Park Estates! Nestled in the rolling hills of the sunbelt, this charming single-level home is brimming with creative energy and inviting spaces. Step into a formal entryway that sets the tone for this colorful and vibrant home. A formal dining room offers flexibility & can easily be used as a den or home office. The open kitchen flows seamlessly into a cozy breakfast nook, leading to a private backyard perfect retreat with a sun deck and trellis ready to bloom with fragrant wisteria. Significant updates have been completed, including a new tile roof, updated windows, a new water heater & gas line, a refreshed fireplace façade, hardwood flooring, a new garage door, & wood molding. The spacious garage features an EV charger and extra on-site parking. Elegant window shutters add character throughout the home. The guest bedrooms have been expanded & offer built-in desk spaces and extended shelving for added functionality. While major updates are done, there is still room for personal touches to make this home uniquely yours. Enjoy direct access to Fort Ord National Monument, a breathtaking landscape rich in history & offering thousands of miles of scenic trails for hiking, biking, & horseback riding. Do not miss this rare opportunity to own in Toro Park Estates!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.94
Remaining Loan Term
25 years, 7 months
Monthly PITI
$3,669.79/mo
Estimated Loan Balance
$460,626
Cash to close
$713,836
Interest Paid
$55,728

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Unknown
  • Heating: ForcedAir
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Carpet, Laminate, Tile, Wood

Exterior

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

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Tile
Condition
  • Year Built: 1971
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $570
  • Tax Annual Amount: $14000.6
  • On Market Date: 2025-03-19T00:00:00.000Z
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 $713,836 (64%)
You can enter any amount below - secondary financing will cover the difference if needed.
64%
$

You cover the entire equity of $713,836!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$406,214
Your Cash:$713,836
Total Purchase Price:$1,120,050

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$1,884/mo
Traditional @ 7.5%
$3,155/mo
You save $1,271/month ($15,251/year)

*Secondary financing rates are an estimated value based on input

MLS ID: ML81998033

Listing From:

Last updated: 2025-03-27T17:38:06.000Z

© , 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

2.94%
7.15%

Principal & Interest

$1,884 /mo
$3,042 /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 $713,836 (64%)
You can enter any amount below - secondary financing will cover the difference if needed.
64%
$

You cover the entire equity of $713,836!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$406,214
Your Cash:$713,836
Total Purchase Price:$1,120,050

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$1,884/mo
Traditional @ 7.5%
$3,155/mo
You save $1,271/month ($15,251/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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