Laura Jewett

Laura Jewett

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Closed

$1,395,000

($904,750 down)
FHA

3580 Gundry Avenue, Long Beach, CA 90807

4
3
2,378 sqft
PITI Monthly
$2,756.92 /mo

Listing courtesy of: Heidi Bailey, Keller Williams Coastal Prop.

Assumed Rate

2.84%
7.15%

Principal & Interest

$2,168 /mo
$3,546 /mo

What's Special

DINING
SPACIOUS
RENOVATED
FIREPLACE
DOUBLE VANITY
DECK
IRRIGATION SYSTEM
HISTORIC
COZY
SECOND HOME

Discover a rare gem in Historic California Heights. This stunning duplex, built in 1925, featuring the front home with two bedrooms, two bathrooms, and a separate den/family room. This home boasts new wood flooring throughout and has been meticulously renovated with designer touches. The front entry showcases a limestone-checkered floor and Schumacher wallpaper. The living room is bright and inviting, with expansive windows, high cove ceilings, arched doorways, and a new gas fireplace surrounded by handmade zellige tiles. The dining area features Hackney wallpaper and linen shades, enhancing its charm. The large, designer kitchen is a standout, featuring custom cabinetry with pull-out shelves and handcrafted English hardware. It includes double Fisher & Paykel refrigerators, a Bertazzoni gas range, a Bosch panel-front dishwasher, and a spacious farmhouse sink with brass Rohl fixtures. Custom Kravet shades and handmade Devol lights over the generous island complete this exquisite space. The primary bedroom boasts a sophisticated limewash finish, a custom headboard, and Kelly Wearstler lighting, along with a new closet system for added convenience. The en-suite bath offers luxurious Walker Zanger tiles, Violetta marble, a Rohl shower system, and a double vanity equipped with Kallista faucets. The secondary bedroom features a ceiling adorned with Kravet wallpaper, custom Schumacher window treatments, and a new closet system. The guest bath is elegantly finished with tiled walls, handmade Tiles of Ezra flooring, a custom-papered ceiling, and sleek Kohler fixtures. The family room is a cozy retreat with a wood-burning fireplace, built-in cabinets, and walls finished in Serena & Lily grasscloth and the French doors lead to the adjoining deck, ideal for outdoor dining and relaxation. The side yard features synthetic grass for easy maintenance and newly planted roses that enhance the charm of the outdoor space. The home features a brand-new water heater, fresh exterior paint, and complete landscaping with a newly installed irrigation system in the front yard. The second home offers two bedrooms and one bath within approximately 900 sqft of living space. The expansive living room features wood floors, high ceilings, and an electric fireplace. The dining area seamlessly connects to an updated kitchen, which includes a new stainless steel refrigerator. Enjoy a private front courtyard with a shade arbor and a side yard for outdoor relaxation.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.84
Remaining Loan Term
26 years, 6 months
Monthly PITI
$2,756.92/mo
Estimated Loan Balance
$499,217
Cash to close
$904,750
Interest Paid
$50,237

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Drywall, Plaster, Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom, Gas, GuestAccommodations, LivingRoom
  • Flooring: Brick, Stone, Tile, Wood

Exterior

Fencing
  • Fencing: Wood
Roof
  • Roof: Shingle
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: Duplex
  • Architectural Style: Traditional
Materials
  • Drywall, Plaster, Stucco
  • Roof: Shingle
Condition
  • Year Built: 1925
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Bixby Knolls (BK)
  • Features: Biking, StormDrains, StreetLights, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Long Beach

Financial Details

  • Price per Sqft: $586.63
  • Tax Annual Amount: $
  • On Market Date: 2024-10-03T00:00:00.000Z
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 $904,750 (65%)
You can enter any amount below - secondary financing will cover the difference if needed.
65%
$

You cover the entire equity of $904,750!

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

Loan Breakdown

Assumed Mortgage2.84% Sellers Rate
$490,250
Your Cash:$904,750
Total Purchase Price:$1,395,000

Assumed vs Traditional Mortgage

Assumed @ 2.84%
$2,168/mo
Traditional @ 7.5%
$3,678/mo
You save $1,510/month ($18,116/year)

*Secondary financing rates are an estimated value based on input

MLS ID: PW24202342

Listing From:

Last updated: 2024-12-10T18:00:58.000Z

© , 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

2.84%
7.15%

Principal & Interest

$2,168 /mo
$3,546 /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 $904,750 (65%)
You can enter any amount below - secondary financing will cover the difference if needed.
65%
$

You cover the entire equity of $904,750!

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

Loan Breakdown

Assumed Mortgage2.84% Sellers Rate
$490,250
Your Cash:$904,750
Total Purchase Price:$1,395,000

Assumed vs Traditional Mortgage

Assumed @ 2.84%
$2,168/mo
Traditional @ 7.5%
$3,678/mo
You save $1,510/month ($18,116/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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