Laura Jewett

Laura Jewett

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Closed

$515,000

($236,435 down)
FHA

2402 N Lugo Avenue, San Bernardino, CA 92404

5
3
1,738 sqft
PITI Monthly
$2,331.42 /mo

Listing courtesy of: Otoniel Fonseca, Century 21 Masters

Assumed Rate

3.62%
7.15%

Principal & Interest

$1,410 /mo
$2,089 /mo

What's Special

SHOPPING
SPACIOUS
MOVE-IN READY
MASTER SUITE
PATIO
CHARMING
COZY

Charming and Spacious Home with Unique Features! This home is designed to impress! The inviting front porch is perfect for greeting guests or enjoying your morning coffee. Step inside to a spacious living room, ideal for family gatherings. With 4 bedrooms and 2 baths, the layout offers both comfort and convenience. Three bedrooms share a full bath off a central hallway, while the expansive master suite, located at the back of the home, boasts a private 3/4 bath and a versatile area for an office, gym, or cozy retreat. The kitchen features stylish tile countertops and backsplash, blending function and flair. The property also includes a separate mother-in-law’s quarters, offering privacy and flexibility for guests or extended family. Freshly painted with beautiful flooring throughout, this home is move-in ready. Enjoy outdoor living under the covered patio, and appreciate the extra-wide driveway and brand-new air conditioner. Located near shopping centers and freeways, this home provides convenience alongside charm. Don’t miss out on this gem—it’s ready to welcome you home!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.62
Remaining Loan Term
24 years, 6 months
Monthly PITI
$2,331.42/mo
Estimated Loan Balance
$280,826
Cash to close
$236,435
Interest Paid
$58,288

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • 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: 1939
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $296.32
  • Tax Annual Amount: $6437.5
  • On Market Date: 2024-09-12T00:00:00.000Z
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 $236,435 (46%)
You can enter any amount below - secondary financing will cover the difference if needed.
46%
$

You cover the entire equity of $236,435!

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

Loan Breakdown

Assumed Mortgage3.62% Sellers Rate
$278,565
Your Cash$236,435
Total Purchase Price:$515,000

Assumed vs Traditional Mortgage

Assumed @ 3.62%
$1,410/mo
Traditional @ 7.5%
$2,167/mo
You save $757/month ($9,086/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SW24188909

Listing From:

Last updated: 2024-10-10T19:56:09.000Z

© , 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

3.62%
7.15%

Principal & Interest

$1,410 /mo
$2,089 /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 $236,435 (46%)
You can enter any amount below - secondary financing will cover the difference if needed.
46%
$

You cover the entire equity of $236,435!

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

Loan Breakdown

Assumed Mortgage3.62% Sellers Rate
$278,565
Your Cash$236,435
Total Purchase Price:$515,000

Assumed vs Traditional Mortgage

Assumed @ 3.62%
$1,410/mo
Traditional @ 7.5%
$2,167/mo
You save $757/month ($9,086/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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