Laura Jewett

Laura Jewett

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Closed

$1,199,000

($882,839 down)
FHA

2311 E 6th Street, Long Beach, CA 90814

4
3
2,240 sqft
PITI Monthly
$3,093.54 /mo

Listing courtesy of: Richard Carlos, Self Made Real Estate

Assumed Rate

5.38%
7.15%

Principal & Interest

$2,554 /mo
$3,079 /mo

What's Special

SERENE
MODERN
HARDWOOD FLOORS
FIREPLACE
CHARMING
COZY
RENTAL INCOME

Welcome to your charming new home in the coveted Rose Park South! This meticulously maintained Craftsman duplex offers a perfect blend of classic character and modern convenience. Step into the beautifully restored 3-bedroom, 2-bathroom main residence, where classic Craftsman details meet contemporary comfort. The inviting living room features original hardwood floors, a cozy fireplace, and abundant natural light that highlights the home’s architectural charm. The open-concept kitchen boasts modern appliances, sleek countertops, and ample cabinetry, making it ideal for both daily living and entertaining. Each of the generously sized bedrooms provides a tranquil retreat, while the bathrooms are elegantly updated with stylish fixtures and finishes. The turn key 1-bedroom, 1-bathroom back house offers a private, serene living space perfect for guests, in-laws, or rental income. With its own entrance, the back house provides a cozy living area, a well-appointed kitchen, and a comfortable bedroom with a full bath. This turn-key property seamlessly blends the classic elegance of a Craftsman home with modern updates, offering versatile living arrangements in one of the most sought-after neighborhoods. Don’t miss the opportunity to make this unique duplex your new home!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.38
Remaining Loan Term
14 years, 6 months
Monthly PITI
$3,093.54/mo
Estimated Loan Balance
$410,170
Cash to close
$882,839
Interest Paid
$327,300

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Unknown
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Wood

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: Yes
  • 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: 1913
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Bluff Park (BLF)
  • Features: Biking, Curbs, DogPark
HOA
  • Has HOA: No
Location
  • Region: Long Beach

Financial Details

  • Price per Sqft: $535.27
  • Tax Annual Amount: $
  • On Market Date: 2024-09-18T00:00:00.000Z
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 $882,839 (74%)
You can enter any amount below - secondary financing will cover the difference if needed.
74%
$

You cover the entire equity of $882,839!

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

Loan Breakdown

Assumed Mortgage5.38% Sellers Rate
$316,161
Your Cash:$882,839
Total Purchase Price:$1,199,000

Assumed vs Traditional Mortgage

Assumed @ 5.38%
$2,554/mo
Traditional @ 7.5%
$3,194/mo
You save $640/month ($7,675/year)

*Secondary financing rates are an estimated value based on input

MLS ID: PW24194503

Listing From:

Last updated: 2024-12-05T05:14:00.000Z

© , 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

5.38%
7.15%

Principal & Interest

$2,554 /mo
$3,079 /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 $882,839 (74%)
You can enter any amount below - secondary financing will cover the difference if needed.
74%
$

You cover the entire equity of $882,839!

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

Loan Breakdown

Assumed Mortgage5.38% Sellers Rate
$316,161
Your Cash:$882,839
Total Purchase Price:$1,199,000

Assumed vs Traditional Mortgage

Assumed @ 5.38%
$2,554/mo
Traditional @ 7.5%
$3,194/mo
You save $640/month ($7,675/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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