Laura Jewett

Laura Jewett

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Closed

$679,950

($510,081 down)
FHA

351 Garcia Ave, San Leandro, CA 94577

2
1
1,138 sqft
PITI Monthly
$1,587.91 /mo

Listing courtesy of: Wilson Stephens, Christie's Intl RE Sereno

Assumed Rate

4.56%
7.15%

Principal & Interest

$1,248 /mo
$1,652 /mo

What's Special

SPACIOUS
HARDWOOD FLOORS
FIREPLACE
CHARMING
COZY

Discover your new home at 351 Garcia Ave, San Leandro. This charming 2-bedroom, 1-bathroom residence spans 1,138 square feet and features gleaming hardwood floors, spacious bedrooms, and a generously-sized kitchen. The living room is warm and inviting with a cozy gas fireplace, and the home is filled with abundant natural light. Enjoy the lovely, low-maintenance yard and a detached rear garage that offers potential for conversion into office space. Conveniently located near BART, downtown San Leandro, and the 880 and 580 freeways, this home combines comfort with prime accessibility

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.56
Remaining Loan Term
15 years, 5 months
Monthly PITI
$1,587.91/mo
Estimated Loan Balance
$171,067
Cash to close
$510,081
Interest Paid
$139,420

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Unknown
  • Heating: WallFurnace
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Wood

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: TarGravel
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories:
  • Home type: SingleFamilyResidence
  • Architectural Style: Bungalow
Materials
  • Stucco
  • Roof: TarGravel
Condition
  • Year Built: 1926
Details
  • Builder:

Community & HOA

Community
  • Subdivision: FARRELLY POND
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: San Leandro

Financial Details

  • Price per Sqft: $597.5
  • Tax Annual Amount: $
  • On Market Date: 2024-09-04T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $510,081 (75%)
You can enter any amount below - secondary financing will cover the difference if needed.
75%
$

You cover the entire equity of $510,081!

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

Loan Breakdown

Assumed Mortgage4.56% Sellers Rate
$169,869
Your Cash:$510,081
Total Purchase Price:$679,950

Assumed vs Traditional Mortgage

Assumed @ 4.56%
$1,248/mo
Traditional @ 7.5%
$1,714/mo
You save $466/month ($5,586/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 41071600

Listing From:

Last updated: 2024-11-09T13:17:39.000Z

© , 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

4.56%
7.15%

Principal & Interest

$1,248 /mo
$1,652 /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 $510,081 (75%)
You can enter any amount below - secondary financing will cover the difference if needed.
75%
$

You cover the entire equity of $510,081!

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

Loan Breakdown

Assumed Mortgage4.56% Sellers Rate
$169,869
Your Cash:$510,081
Total Purchase Price:$679,950

Assumed vs Traditional Mortgage

Assumed @ 4.56%
$1,248/mo
Traditional @ 7.5%
$1,714/mo
You save $466/month ($5,586/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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