Laura Jewett

Laura Jewett

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Closed

$449,000

($297,849 down)
FHA

2325 N Newport Avenue, San Bernardino, CA 92404

3
2
1,246 sqft
PITI Monthly
$1,602.59 /mo

Listing courtesy of: MARIA JUAREZ, RUTH E TORRES REALTY

Assumed Rate

4.03%
7.15%

Principal & Interest

$834 /mo
$1,175 /mo

What's Special

SHOPPING
DINING
PRIVATE BACKYARD

This is actually 3 bedroom (title shows it as 2 bedroom), 1.5-bathroom home offers the perfect blend of comfort and convenience. The property offers a bright and open living space, featuring a large sliding door that flood the room with natural light. The kitchen retains its vintage charm. The three bedrooms are perfect for restful nights, and privacy, enjoy a private backyard that's perfect for relaxing or hosting summer BBQs, with space for gardening or a play area. The detached garage with automatic door is perfect to do an ADU. Located just minutes from local schools, parks, shopping, and dining, this home is perfect for first-time buyers or anyone looking to downsize. The home is being sold as is!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.03
Remaining Loan Term
23 years, 0 months
Monthly PITI
$1,602.59/mo
Estimated Loan Balance
$162,874
Cash to close
$297,849
Interest Paid
$45,877

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
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: 1954
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Sidewalks
HOA
  • Has HOA: No
Location
  • Region: San Bernardino

Financial Details

  • Price per Sqft: $360.35
  • Tax Annual Amount: $5612.5
  • On Market Date: 2024-11-08T00:00:00.000Z
Inquire about this property

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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 $297,849 (66%)
You can enter any amount below - secondary financing will cover the difference if needed.
66%
$

You cover the entire equity of $297,849!

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

Loan Breakdown

Assumed Mortgage4.03% Sellers Rate
$151,151
Your Cash:$297,849
Total Purchase Price:$449,000

Assumed vs Traditional Mortgage

Assumed @ 4.03%
$834/mo
Traditional @ 7.5%
$1,219/mo
You save $385/month ($4,623/year)

*Secondary financing rates are an estimated value based on input

MLS ID: IV24216840

Listing From:

Last updated: 2025-03-20T21:56:37.000Z

© , 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

4.03%
7.15%

Principal & Interest

$834 /mo
$1,175 /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 $297,849 (66%)
You can enter any amount below - secondary financing will cover the difference if needed.
66%
$

You cover the entire equity of $297,849!

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

Loan Breakdown

Assumed Mortgage4.03% Sellers Rate
$151,151
Your Cash:$297,849
Total Purchase Price:$449,000

Assumed vs Traditional Mortgage

Assumed @ 4.03%
$834/mo
Traditional @ 7.5%
$1,219/mo
You save $385/month ($4,623/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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