Laura Jewett

Laura Jewett

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Closed

$950,000

($521,792 down)
FHA

2305 N Slater Avenue, Compton, CA 90222

N/A
N/A
sqft
PITI Monthly
$3,891.28 /mo

Listing courtesy of: Francisco Granados, Towne Center Realtors, Inc.

Assumed Rate

3.81%
7.15%

Principal & Interest

$2,332 /mo
$3,376 /mo

What's Special

two units, front house is a 4 bedroom, 2 bath home, rear home is a 2 bedroom, 1 bath home. Located in a residential area, the neighborhood is composed of single-family homes, with various arquitectural styles, the area is know for its proximity to local amenities, schools, and parks, making it a suitable place for families, Compton is a city in Los Angeles County with a rich cultural history. the total living area is 2298 sf with a lot size of 9846 sf, two car garage plus a carport, Great family compound, Investment property or both, 2307 and 2305 N Slater Ave is ready for your family!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.81
Remaining Loan Term
22 years, 7 months
Monthly PITI
$3,891.28/mo
Estimated Loan Balance
$437,761
Cash to close
$521,792
Interest Paid
$131,051

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms:
  • Bathrooms:
Cooling & Heating
  • Cooling: Unknown
  • Heating: Unknown
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • 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: Duplex
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1948
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Biking, Curbs
HOA
  • Has HOA: No
Location
  • Region: Compton

Financial Details

  • Price per Sqft: $950,000
  • Tax Annual Amount: $11875
  • On Market Date: 2024-11-08T00:00:00.000Z
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 $521,792 (55%)
You can enter any amount below - secondary financing will cover the difference if needed.
55%
$

You cover the entire equity of $521,792!

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

Loan Breakdown

Assumed Mortgage3.81% Sellers Rate
$428,208
Your Cash:$521,792
Total Purchase Price:$950,000

Assumed vs Traditional Mortgage

Assumed @ 3.81%
$2,332/mo
Traditional @ 7.5%
$3,501/mo
You save $1,170/month ($14,037/year)

*Secondary financing rates are an estimated value based on input

MLS ID: RS24230687

Listing From:

Last updated: 2024-12-12T02:09:35.000Z

© , 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

3.81%
7.15%

Principal & Interest

$2,332 /mo
$3,376 /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 $521,792 (55%)
You can enter any amount below - secondary financing will cover the difference if needed.
55%
$

You cover the entire equity of $521,792!

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

Loan Breakdown

Assumed Mortgage3.81% Sellers Rate
$428,208
Your Cash:$521,792
Total Purchase Price:$950,000

Assumed vs Traditional Mortgage

Assumed @ 3.81%
$2,332/mo
Traditional @ 7.5%
$3,501/mo
You save $1,170/month ($14,037/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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