Laura Jewett

Laura Jewett

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$775,000

($214,468 down)
VA

2925 Redwood Hill Court, Bakersfield, CA 93314

4
3
2,429 sqft
PITI Monthly
$2,707.63 /mo

Listing courtesy of: Armando Villareal, Realty ONE Group Zoom

Assumed Rate

2.88%
7.15%

Principal & Interest

$2,491 /mo
$4,052 /mo

What's Special

NON-VETERANS
LOCATION
ENTERTAINMENT
DINING
LUXURY
CUL-DE-SAC
COZY

Take advantage of a rare opportunity to assume a 2.875% VA loan, available to both veterans and non-veterans, offering significant savings over time. Don't miss out on owning this stunning custom home in a desirable Northwest neighborhood! This 4-bedroom, 3-bathroom home with an office and 3-car garage sits on a .51-acre lot in a quiet cul-de-sac. Impressive curb appeal with custom concrete work, oversized driveway, and manicured landscaping. Step through century-old Spanish front doors into a beautifully designed interior with luxury vinyl flooring and a custom entertainment center. The chef's kitchen boasts custom cabinetry, an 11-foot quartzite island, and a cozy dining nook. Enjoy a sparkling in-ground pool, dog run, RV parking with hookups, and Tesla-powered solar with storage batteries. This is a rare chance to secure a luxurious home in an unbeatable location with extraordinary financing. Schedule your private tour today!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.88
Remaining Loan Term
26 years, 9 months
Monthly PITI
$2,707.63/mo
Estimated Loan Balance
$682,037
Cash to close
$214,468
Interest Paid
$54,234

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central, Fireplaces, Solar
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: SeeRemarks
  • Flooring: Carpet, Vinyl

Exterior

Fencing
  • Fencing: AverageCondition
Roof
  • Roof: FlatTile
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: SepticTypeUnknown
  • Water Source: Public
Pool
  • Has Pool: Yes
  • Pool Features: InGround, Private

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Stucco
  • Roof: FlatTile
Condition
  • Year Built: 2003
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Sidewalks, Gated
HOA
  • Has HOA: Yes
  • HOA Name: Redwood Classics Estates
  • HOA Amenities: Unknown
  • HOA Fee: $70
  • HOA Frequency: $Monthly
Location
  • Region: Bakersfield

Financial Details

  • Price per Sqft: $319.06
  • Tax Annual Amount: $9687.5
  • On Market Date: 2025-01-08T00:00:00.000Z
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 $214,468 (28%)
You can enter any amount below - secondary financing will cover the difference if needed.
28%
$

You cover the entire equity of $214,468!

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

Loan Breakdown

Assumed Mortgage2.88% Sellers Rate
$560,532
Your Cash$214,468
Total Purchase Price:$775,000

Assumed vs Traditional Mortgage

Assumed @ 2.88%
$2,491/mo
Traditional @ 7.5%
$4,204/mo
You save $1,713/month ($20,551/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SR25004715

Listing From:

Last updated: 2025-03-31T19:01:03.000Z

© , 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

2.88%
7.15%

Principal & Interest

$2,491 /mo
$4,052 /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 $214,468 (28%)
You can enter any amount below - secondary financing will cover the difference if needed.
28%
$

You cover the entire equity of $214,468!

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

Loan Breakdown

Assumed Mortgage2.88% Sellers Rate
$560,532
Your Cash$214,468
Total Purchase Price:$775,000

Assumed vs Traditional Mortgage

Assumed @ 2.88%
$2,491/mo
Traditional @ 7.5%
$4,204/mo
You save $1,713/month ($20,551/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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