Laura Jewett

Laura Jewett

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Closed

$1,160,000

($421,345 down)
FHA

240 E Beverly Ter, Montebello, CA 90640

5
4
2,862 sqft
PITI Monthly
$6,042.5 /mo

Listing courtesy of: Quan Mai, Real Broker

Assumed Rate

4.99%
7.15%

Principal & Interest

$4,079 /mo
$5,138 /mo

What's Special

SHOPPING
DINING
LUXURY
MATURE TREES
RENTAL INCOME

Welcome to this expansive 2,862 square foot single-family home located in the heart of Montebello, perfect for large families or anyone who loves to entertain. With 5 generously sized bedrooms and 4 full bathrooms, this home offers ample space for everyone in the family to enjoy their privacy while still providing plenty of areas to gather and create memories. One of the standout features of this property is its unique layout, which essentially offers two separate living spaces within the home. Whether you're looking to accommodate extended family, provide a private area for guests, or simply want the luxury of space, this home has it all. The inviting front yard greets you with mature trees and lush greenery, setting the stage for the warmth and comfort found inside. Step into a large living room filled with natural light, perfect for relaxing or entertaining. The kitchen is a cook’s dream with plenty of counter space and cabinetry, ready to handle any culinary adventure. The flexible floor plan provides endless possibilities, whether you want to set up a home gym, office, or playroom. Plus, the separate living spaces offer the opportunity for multi-generational living or potential rental income. Located in a vibrant neighborhood, you'll enjoy easy access to local parks, schools, shopping, and dining. This home truly offers the perfect combination of space, comfort, and convenience. Don't miss out on this rare opportunity to own a home that can grow with you and your family!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.99
Remaining Loan Term
27 years, 5 months
Monthly PITI
$6,042.5/mo
Estimated Loan Balance
$745,592
Cash to close
$421,345
Interest Paid
$96,218

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 4
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Carpet, Wood

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: 1956
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Curbs, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Montebello

Financial Details

  • Price per Sqft: $405.31
  • Tax Annual Amount: $14500
  • On Market Date: 2024-08-21T00:00:00.000Z
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 $421,345 (36%)
You can enter any amount below - secondary financing will cover the difference if needed.
36%
$

You cover the entire equity of $421,345!

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

Loan Breakdown

Assumed Mortgage4.99% Sellers Rate
$738,655
Your Cash$421,345
Total Purchase Price:$1,160,000

Assumed vs Traditional Mortgage

Assumed @ 4.99%
$4,079/mo
Traditional @ 7.5%
$5,329/mo
You save $1,250/month ($15,005/year)

*Secondary financing rates are an estimated value based on input

MLS ID: OC24173409

Listing From:

Last updated: 2024-09-15T22:36:09.000Z

© , 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

4.99%
7.15%

Principal & Interest

$4,079 /mo
$5,138 /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 $421,345 (36%)
You can enter any amount below - secondary financing will cover the difference if needed.
36%
$

You cover the entire equity of $421,345!

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

Loan Breakdown

Assumed Mortgage4.99% Sellers Rate
$738,655
Your Cash$421,345
Total Purchase Price:$1,160,000

Assumed vs Traditional Mortgage

Assumed @ 4.99%
$4,079/mo
Traditional @ 7.5%
$5,329/mo
You save $1,250/month ($15,005/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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