Laura Jewett

Laura Jewett

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Closed

$799,000

($260,701 down)
VA

2540 Roycroft Avenue, Long Beach, CA 90815

2
1
1,337 sqft
PITI Monthly
$2,831.84 /mo

Listing courtesy of: Michelle Tumanjan, Re/Max Estate Properties

Assumed Rate

3.76%
7.15%

Principal & Interest

$2,615 /mo
$3,809 /mo

What's Special

LOCATION
FRESH PAINT
SHOPPING
SPACIOUS
FIREPLACE
VAULTED CEILINGS
CHARMING
COZY

Welcome to 2540 Roycroft Ave! Nestled on a corner lot in the desirable community of Artcraft Manor, this charming starter home is a perfect opportunity for those looking to add their personal touch. With over 1,300 square feet, the spacious 2 bedroom and 1 bath home offers comfortable living space with a separate living room and family room. The family room features a cozy fireplace with vaulted ceilings and seamlessly connects to two private yards. One yard is a blank canvas for you to create the outdoor oasis of your dreams or add more square footage, and the other, an ideal space for relaxation or entertaining. Potential to build an ADU, or add a bedroom and/or bathroom, this property offers many possibilities. Fresh paint, new carpet, and stylish laminate flooring have been recently updated throughout, ensuring the home is move in ready. The oversized 6,500+ square foot lot includes a large driveway with space to park a boat or 40-foot RV with outdoor sewer access, catering to those with a sense of adventure! Equipped with a leased solar system, this home is eco-friendly too! Located in a secluded area near Stearns Champions Park, close to beaches, shopping and freeways, this home is a great investment now and for the future. Don’t miss this opportunity to make this home your own in one of Long Beach’s most sought-after locations!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.76
Remaining Loan Term
27 years, 0 months
Monthly PITI
$2,831.84/mo
Estimated Loan Balance
$545,623
Cash to close
$260,701
Interest Paid
$61,884

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: None
  • Heating: Fireplaces
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom
  • Flooring: Carpet, Laminate

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: 1947
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Sidewalks, Park
HOA
  • Has HOA: No
Location
  • Region: Long Beach

Financial Details

  • Price per Sqft: $597.61
  • Tax Annual Amount: $
  • On Market Date: 2024-08-16T00:00:00.000Z
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 $260,701 (33%)
You can enter any amount below - secondary financing will cover the difference if needed.
33%
$

You cover the entire equity of $260,701!

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

Loan Breakdown

Assumed Mortgage3.76% Sellers Rate
$538,299
Your Cash$260,701
Total Purchase Price:$799,000

Assumed vs Traditional Mortgage

Assumed @ 3.76%
$2,615/mo
Traditional @ 7.5%
$3,951/mo
You save $1,336/month ($16,034/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SB24165100

Listing From:

Last updated: 2024-12-05T05:04:35.000Z

© , 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

3.76%
7.15%

Principal & Interest

$2,615 /mo
$3,809 /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 $260,701 (33%)
You can enter any amount below - secondary financing will cover the difference if needed.
33%
$

You cover the entire equity of $260,701!

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

Loan Breakdown

Assumed Mortgage3.76% Sellers Rate
$538,299
Your Cash$260,701
Total Purchase Price:$799,000

Assumed vs Traditional Mortgage

Assumed @ 3.76%
$2,615/mo
Traditional @ 7.5%
$3,951/mo
You save $1,336/month ($16,034/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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