Laura Jewett

Laura Jewett

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

$750,000

($564,130 down)
FHA

2729 E 56th Street, Long Beach, CA 90805

3
2
1,064 sqft
PITI Monthly
$2,361.89 /mo

Listing courtesy of: Linda Martinez, 310 Realty Club

Assumed Rate

3.68%
7.15%

Principal & Interest

$1,182 /mo
$1,739 /mo

What's Special

PATIO
PRIVATE BACKYARD

This delightful home boasts 3 bedrooms and 2 bathrooms, complemented by a generously sized front and private backyard, ideal for hosting gatherings. A remote-controlled gate ensures easy access to the driveway. The residence is equipped with central air conditioning and heating, ensuring comfort during the winter, and features a semi-open floor plan from the kitchen to the living room. Laundry hook-ups are conveniently located in the 2-car garage. Additionally, there is a covered side patio for shaded outdoor relaxation. Constructed in 1977, the home offers a well-designed central hallway leading to the bedrooms and bathrooms, creating a welcoming atmosphere. Located in the vibrant North Long Beach area, it provides easy access to the 710 and 91 freeways, Long Beach Airport, Lakewood, and the many amenities the city has to offer. Nearby, the recently upgraded Davenport Park offers a multi-use sports field, fitness stations, outdoor seating, site furnishings, a walking path, and extra parking. This property is definitely worth a visit!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.68
Remaining Loan Term
17 years, 4 months
Monthly PITI
$2,361.89/mo
Estimated Loan Balance
$262,991
Cash to close
$564,130
Interest Paid
$103,788

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • 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
  • Stucco
  • Roof: Unknown
Condition
  • Year Built: 1977
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $704.89
  • Tax Annual Amount: $9375
  • On Market Date: 2024-09-13T00:00:00.000Z
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 $564,130 (75%)
You can enter any amount below - secondary financing will cover the difference if needed.
75%
$

You cover the entire equity of $564,130!

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

Loan Breakdown

Assumed Mortgage3.68% Sellers Rate
$185,870
Your Cash:$564,130
Total Purchase Price:$750,000

Assumed vs Traditional Mortgage

Assumed @ 3.68%
$1,182/mo
Traditional @ 7.5%
$1,803/mo
You save $621/month ($7,458/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SB24184645

Listing From:

Last updated: 2025-02-03T22:18:16.000Z

© , 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

3.68%
7.15%

Principal & Interest

$1,182 /mo
$1,739 /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 $564,130 (75%)
You can enter any amount below - secondary financing will cover the difference if needed.
75%
$

You cover the entire equity of $564,130!

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

Loan Breakdown

Assumed Mortgage3.68% Sellers Rate
$185,870
Your Cash:$564,130
Total Purchase Price:$750,000

Assumed vs Traditional Mortgage

Assumed @ 3.68%
$1,182/mo
Traditional @ 7.5%
$1,803/mo
You save $621/month ($7,458/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.