Laura Jewett

Laura Jewett

Property SearchContact
primary-1
primary-2primary-3
Closed

$395,000

($138,922 down)
FHA

2601 El Greco Dr, Modesto, CA 95354

3
2
1,149 sqft
PITI Monthly
$2,171.49 /mo

Listing courtesy of: Yovany Acosta, La Rosa Realty California

Assumed Rate

4.98%
7.15%

Principal & Interest

$1,422 /mo
$1,794 /mo

What's Special

SPACIOUS
COMMUNITY POOL
CLUBHOUSE
CHARMING

Welcome to a Modesto Dream! This perfect starter corner lot charming single-family residence has the amenities and comforts you seek. It features a gated and shaded front yard ideal for pets or grounding. 3 spacious bedrooms and 2 full bathrooms spread over a well and friendly design. The possibilities inside the courtyard accessible through the living space are endless. Have you checked the community pool yet? Yes, this very low HOA monthly fee provides a solution to the heat, security, and access to the clubhouse. Conveniently located near parks, schools, shops, and restaurants. All Buyers are welcome!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.98
Remaining Loan Term
27 years, 2 months
Monthly PITI
$2,171.49/mo
Estimated Loan Balance
$257,148
Cash to close
$138,922
Interest Paid
$36,692

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: WallFurnace
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom
  • Flooring: Tile, Wood

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: Association

Construction

Type & Style
  • Stories:
  • Home type: SingleFamilyResidence
  • Architectural Style: Mediterranean
Materials
  • Unknown
  • Roof: Tile
Condition
  • Year Built: 1972
Details
  • Builder:

Community & HOA

Community
  • Subdivision: LA LOMA
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name:
  • HOA Amenities: Unknown
  • HOA Fee: $94
  • HOA Frequency: $Monthly
Location
  • Region: Modesto

Financial Details

  • Price per Sqft: $343.78
  • Tax Annual Amount: $4937.5
  • On Market Date: 2024-07-31T00:00:00.000Z
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 $138,922 (35%)
You can enter any amount below - secondary financing will cover the difference if needed.
35%
$

You cover the entire equity of $138,922!

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

Loan Breakdown

Assumed Mortgage4.98% Sellers Rate
$256,078
Your Cash$138,922
Total Purchase Price:$395,000

Assumed vs Traditional Mortgage

Assumed @ 4.98%
$1,422/mo
Traditional @ 7.5%
$1,861/mo
You save $438/month ($5,258/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 41068290

Listing From:

Last updated: 2024-10-07T19:22:43.000Z

© , 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

4.98%
7.15%

Principal & Interest

$1,422 /mo
$1,794 /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 $138,922 (35%)
You can enter any amount below - secondary financing will cover the difference if needed.
35%
$

You cover the entire equity of $138,922!

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

Loan Breakdown

Assumed Mortgage4.98% Sellers Rate
$256,078
Your Cash$138,922
Total Purchase Price:$395,000

Assumed vs Traditional Mortgage

Assumed @ 4.98%
$1,422/mo
Traditional @ 7.5%
$1,861/mo
You save $438/month ($5,258/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

Powered By UMe.

© 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.

equal-housing

© is committed to and abides by the Fair Housing Act of Equal Opportunity.