Laura Jewett

Laura Jewett

Property SearchContact
primary-1
primary-2primary-3
Closed

$725,000

($116,908 down)
FHA

370 Butterfly Lane, Nipomo, CA 93444

3
3
1,576 sqft
PITI Monthly
$3,628.09 /mo

Listing courtesy of: Laurie McCarty, Coldwell Banker Preferred Realtors

Assumed Rate

3.76%
7.15%

Principal & Interest

$2,959 /mo
$4,311 /mo

What's Special

REMODELED
SERENE
DINING
VAULTED CEILINGS
BALCONY
CUL-DE-SAC

This stunning home in a quiet Nipomo cul-de-sac offers a thoughtfully designed layout. The upper level features an open-concept living area with vaulted ceilings, a custom mini bar, a half bath, and access to a serene balcony. The primary suite, also upstairs, includes a beautifully appointed ensuite bathroom with a dual vanity. The remodeled kitchen overlooks the living and dining areas, making it perfect for both relaxation and entertaining. Downstairs, you'll find two additional bedrooms, a full dual vanity bathroom, and a convenient indoor laundry room. The low-maintenance backyard with artificial turf and a peaceful seating area is perfect for outdoor enjoyment. Direct access to the two-car garage adds convenience. Don’t miss out on this beautifully designed home!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.76
Remaining Loan Term
27 years, 0 months
Monthly PITI
$3,628.09/mo
Estimated Loan Balance
$611,234
Cash to close
$116,908
Interest Paid
$70,029

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Unknown
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom
  • Flooring: Laminate

Exterior

Fencing
  • Fencing: Wood
Roof
  • Roof: Composition
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: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Composition
Condition
  • Year Built: 2003
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Nipomo(340)
  • Features: Suburban
HOA
  • Has HOA: Yes
  • HOA Name: Nipomo Homes
  • HOA Amenities: Unknown
  • HOA Fee: $250
  • HOA Frequency: $Annually
Location
  • Region: Nipomo

Financial Details

  • Price per Sqft: $460.03
  • Tax Annual Amount: $
  • On Market Date: 2024-10-26T00:00:00.000Z
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 $116,908 (16%)
You can enter any amount below - secondary financing will cover the difference if needed.
16%
$

You cover the entire equity of $116,908!

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

Loan Breakdown

Assumed Mortgage3.76% Sellers Rate
$608,092
Your Cash$116,908
Total Purchase Price:$725,000

Assumed vs Traditional Mortgage

Assumed @ 3.76%
$2,959/mo
Traditional @ 7.5%
$4,471/mo
You save $1,512/month ($18,144/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SR24219399

Listing From:

Last updated: 2025-01-14T21:17:21.000Z

© , 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

3.76%
7.15%

Principal & Interest

$2,959 /mo
$4,311 /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 $116,908 (16%)
You can enter any amount below - secondary financing will cover the difference if needed.
16%
$

You cover the entire equity of $116,908!

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

Loan Breakdown

Assumed Mortgage3.76% Sellers Rate
$608,092
Your Cash$116,908
Total Purchase Price:$725,000

Assumed vs Traditional Mortgage

Assumed @ 3.76%
$2,959/mo
Traditional @ 7.5%
$4,471/mo
You save $1,512/month ($18,144/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

Powered By UMe.

© 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.

equal-housing

© is committed to and abides by the Fair Housing Act of Equal Opportunity.