Laura Jewett

Laura Jewett

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Closed

$415,000

($95,811 down)
FHA

29511 Road 400, Madera, CA 93636

4
2
2,024 sqft
PITI Monthly
$2,289.18 /mo

Listing courtesy of: Sonja Hudson Henderson, London Properties, Ltd

Assumed Rate

3.08%
7.15%

Principal & Interest

$1,464 /mo
$2,321 /mo

What's Special

MASTER SUITE
MOTIVATED SELLER

You don't want to miss this one! A nice 4-bedroom 2 bath home sitting on 1.13 acres. This property comes with the benefits of the YLP amenities while also having the benefit of privacy outside the park. Located off Road 400, this property is set back from the road with a large front yard area that includes RV parking with water hook up. In the house you will find an updated kitchen and bathrooms as well as other updated features. The master suite is bright and airy with dual closets. The master bath has been recently updated and features dual sinks with granite counter tops. The back yard is ready for you to put your own special touch to. There is a covered area that features a hot tub hookup or can be used for an entertaining area. To top it off, you won't have to stress about your electric bill with the already installed solar and new HVAC unit! Motivated Sellers!!!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.08
Remaining Loan Term
26 years, 1 months
Monthly PITI
$2,289.18/mo
Estimated Loan Balance
$319,832
Cash to close
$95,811
Interest Paid
$39,779

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central, Wood
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: WoodBurning
  • Flooring: Concrete, Laminate

Exterior

Fencing
  • Fencing: AverageCondition
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: AerobicSeptic
  • Water Source: Public, Well
Pool
  • Has Pool: No
  • Pool Features: Community, InGround, Lap, Association

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Ranch
Materials
  • Unknown
  • Roof: Composition
Condition
  • Year Built: 1991
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Biking, Foothills, Fishing, Stables, Park, Rural, Pool
HOA
  • Has HOA: Yes
  • HOA Name: YLOA
  • HOA Amenities: Unknown
  • HOA Fee: $2013
  • HOA Frequency: $Annually
Location
  • Region: Madera

Financial Details

  • Price per Sqft: $205.04
  • Tax Annual Amount: $5187.5
  • On Market Date: 2024-09-06T00:00:00.000Z
Inquire about this property

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Apply to Assume

Fill out an application to explore financing options for assuming this loan.

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Savings Calculator

Current cash to close is $95,811 (23%)
You can enter any amount below - secondary financing will cover the difference if needed.
23%
$

You cover the entire equity of $95,811!

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

Loan Breakdown

Assumed Mortgage3.08% Sellers Rate
$319,189
Your Cash$95,811
Total Purchase Price:$415,000

Assumed vs Traditional Mortgage

Assumed @ 3.08%
$1,464/mo
Traditional @ 7.5%
$2,408/mo
You save $944/month ($11,327/year)

*Secondary financing rates are an estimated value based on input

MLS ID: FR24185466

Listing From:

Last updated: 2024-12-11T22:03:50.000Z

© , 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

3.08%
7.15%

Principal & Interest

$1,464 /mo
$2,321 /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 $95,811 (23%)
You can enter any amount below - secondary financing will cover the difference if needed.
23%
$

You cover the entire equity of $95,811!

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

Loan Breakdown

Assumed Mortgage3.08% Sellers Rate
$319,189
Your Cash$95,811
Total Purchase Price:$415,000

Assumed vs Traditional Mortgage

Assumed @ 3.08%
$1,464/mo
Traditional @ 7.5%
$2,408/mo
You save $944/month ($11,327/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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