Laura Jewett

Laura Jewett

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Closed

$1,050,000

($716,904 down)
FHA

38624 15th Street E, Palmdale, CA 93550

N/A
N/A
sqft
PITI Monthly
$3,259.29 /mo

Listing courtesy of: Pablo Reyes, Golden Real Estate Investments

Assumed Rate

3.72%
7.15%

Principal & Interest

$1,690 /mo
$2,474 /mo

What's Special

INVESTMENT OPPORTUNITY

Great investment opportunity!! If you are looking for Long-Term Project potential for positive cash flow, then this is it!! The main home has a pool and basement. There are three single residences and two BONUS mobile homes, one rented at $1,250 and the other at $1,350.00. Parcel #3015-015-039 Duplex (2 units 38624 15th St E and 38624 1/2 15th St E) Both are currently rented. Parcel #3015-015-040 (One Unit 38622 15th St E ) rented as well.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.72
Remaining Loan Term
24 years, 11 months
Monthly PITI
$3,259.29/mo
Estimated Loan Balance
$334,405
Cash to close
$716,904
Interest Paid
$65,920

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms:
  • Bathrooms:
Cooling & Heating
  • Cooling: EvaporativeCooling
  • Heating: WallFurnace
Features
  • Materials: Stucco, WoodSiding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom
  • Flooring: Carpet, Laminate, Tile, Wood

Exterior

Fencing
  • Fencing: ChainLink, Wood
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: Yes
  • Pool Features: Private

Construction

Type & Style
  • Stories: 1
  • Home type: MixedUse
  • Architectural Style: Traditional
Materials
  • Stucco, WoodSiding
  • Roof: Composition
Condition
  • Year Built: 1955
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Palmdale

Financial Details

  • Price per Sqft: $1,050,000
  • Tax Annual Amount: $13125
  • On Market Date: 2024-06-10T00:00:00.000Z
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 $716,904 (68%)
You can enter any amount below - secondary financing will cover the difference if needed.
68%
$

You cover the entire equity of $716,904!

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

Loan Breakdown

Assumed Mortgage3.72% Sellers Rate
$333,096
Your Cash:$716,904
Total Purchase Price:$1,050,000

Assumed vs Traditional Mortgage

Assumed @ 3.72%
$1,690/mo
Traditional @ 7.5%
$2,566/mo
You save $876/month ($10,513/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SR24056328

Listing From:

Last updated: 2024-10-27T02:38:19.000Z

© , 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

3.72%
7.15%

Principal & Interest

$1,690 /mo
$2,474 /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 $716,904 (68%)
You can enter any amount below - secondary financing will cover the difference if needed.
68%
$

You cover the entire equity of $716,904!

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

Loan Breakdown

Assumed Mortgage3.72% Sellers Rate
$333,096
Your Cash:$716,904
Total Purchase Price:$1,050,000

Assumed vs Traditional Mortgage

Assumed @ 3.72%
$1,690/mo
Traditional @ 7.5%
$2,566/mo
You save $876/month ($10,513/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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