Laura Jewett

Laura Jewett

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Closed

$739,000

($415,223 down)
VA

385 Sunset Avenue, Oak View, CA 93022

2
1
904 sqft
PITI Monthly
$2,091.96 /mo

Listing courtesy of: Nora Davis, LIV Sotheby's International Realty Ojai

Assumed Rate

3.96%
7.15%

Principal & Interest

$1,875 /mo
$2,666 /mo

What's Special

DINING
SPACIOUS
PATIO

Let me introduce you to Sunset Cottage. Built in 1948 and has several updates while maintaining its wonderful vintage charm. As you enter through the white wood fencing to a spacious front yard with mature shade tree, and block planters that line the front of the covered porch. The open floor plan will lead you into the kitchen, dining and living area. The two spacious bedrooms share a full bathroom, with classic tile and a tub/shower. The kitchen offers abundant storage and granite counter tops. The private back yard also offers a open patio area, shed and fruit trees. With two driveways there is plenty of parking for RV, plus an attached two car garage.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.96
Remaining Loan Term
20 years, 10 months
Monthly PITI
$2,091.96/mo
Estimated Loan Balance
$324,581
Cash to close
$415,223
Interest Paid
$130,473

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: CentralAir, AtticFan
  • Heating: Central
Features
  • Materials: WoodSiding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Unknown

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: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Cottage, Custom
Materials
  • WoodSiding
  • Roof: Composition
Condition
  • Year Built: 1948
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Ojai: Other
  • Features: Biking, Fishing, Hiking, HorseTrails, Lake, Park
HOA
  • Has HOA: No
Location
  • Region: Oak View

Financial Details

  • Price per Sqft: $817.48
  • Tax Annual Amount: $
  • On Market Date: 2024-09-26T00:00:00.000Z
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 $415,223 (56%)
You can enter any amount below - secondary financing will cover the difference if needed.
56%
$

You cover the entire equity of $415,223!

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

Loan Breakdown

Assumed Mortgage3.96% Sellers Rate
$323,777
Your Cash:$415,223
Total Purchase Price:$739,000

Assumed vs Traditional Mortgage

Assumed @ 3.96%
$1,875/mo
Traditional @ 7.5%
$2,765/mo
You save $890/month ($10,679/year)

*Secondary financing rates are an estimated value based on input

MLS ID: V1-25763

Listing From:

Last updated: 2025-01-14T01:23:14.000Z

© , 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

3.96%
7.15%

Principal & Interest

$1,875 /mo
$2,666 /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 $415,223 (56%)
You can enter any amount below - secondary financing will cover the difference if needed.
56%
$

You cover the entire equity of $415,223!

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

Loan Breakdown

Assumed Mortgage3.96% Sellers Rate
$323,777
Your Cash:$415,223
Total Purchase Price:$739,000

Assumed vs Traditional Mortgage

Assumed @ 3.96%
$1,875/mo
Traditional @ 7.5%
$2,765/mo
You save $890/month ($10,679/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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