Laura Jewett

Laura Jewett

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Closed

$600,000

($539,140 down)
FHA

27 E Ellis Street, Long Beach, CA 90805

2
1
874 sqft
PITI Monthly
$1,196.19 /mo

Listing courtesy of: Maks Stachowski, Above & Beyond Real Estate Inc

Assumed Rate

7.16%
7.15%

Principal & Interest

$932 /mo
$931 /mo

What's Special

SHOPPING
DINING
SPACIOUS
MODERN
PUBLIC TRANSPORTATION
CHARMING
COZY

Charming home with a spacious yard in De Forest Park neighborhood of Long Beach. Welcome to 27 E. Elis Street, a delightful 2-bedroom, 1-bathroom single-family home that has been updated with brand new laminate floors, fresh interior and exterior paint, and new windows. The home boasts a clean, modern look and has a semi-open floor plan, with large windows that allow for plenty of natural light, creating a warm, inviting atmosphere. The living room flows to the kitchen which has ample cabinet space and a cozy dining area, ideal for entertaining guests. Ceiling fans installed throughout ensure comfort and air circulation year-round, and on warm summer evenings, you have the option of al fresco dining, enjoying the lush green lawn and trees in your private front and back yards. Secure, gated entry, as well as a detached 2-car garage provide privacy and peace of mind. The home is located in the convenient, vibrant De Forest Park neighborhood of Long Beach, close to parks, schools, shopping, and public transportation. This is a probate sale with no court approval needed. Please come by and take a look!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
7.16
Remaining Loan Term
6 years, 5 months
Monthly PITI
$1,196.19/mo
Estimated Loan Balance
$63,877
Cash to close
$539,140
Interest Paid
$183,286

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: None
  • Heating: Unknown
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: 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: 1971
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $686.5
  • Tax Annual Amount: $
  • On Market Date: 2024-07-17T00:00:00.000Z
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 $539,140 (90%)
You can enter any amount below - secondary financing will cover the difference if needed.
90%
$

You cover the entire equity of $539,140!

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

Loan Breakdown

Assumed Mortgage7.16% Sellers Rate
$60,860
Your Cash:$539,140
Total Purchase Price:$600,000

Assumed vs Traditional Mortgage

Assumed @ 7.16%
$932/mo
Traditional @ 7.5%
$966/mo
You save $34/month ($405/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SR24143838

Listing From:

Last updated: 2024-10-01T00:40:28.000Z

© , 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

7.16%
7.15%

Principal & Interest

$932 /mo
$931 /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 $539,140 (90%)
You can enter any amount below - secondary financing will cover the difference if needed.
90%
$

You cover the entire equity of $539,140!

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

Loan Breakdown

Assumed Mortgage7.16% Sellers Rate
$60,860
Your Cash:$539,140
Total Purchase Price:$600,000

Assumed vs Traditional Mortgage

Assumed @ 7.16%
$932/mo
Traditional @ 7.5%
$966/mo
You save $34/month ($405/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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