Laura Jewett

Laura Jewett

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

$499,000

($102,987 down)
FHA

38903 Rambler Avenue, Palmdale, CA 93550

5
2
1,770 sqft
PITI Monthly
$2,745.99 /mo

Listing courtesy of: George Kpachavi, Keller Williams Realty-Studio City

Assumed Rate

5.41%
7.15%

Principal & Interest

$2,291 /mo
$2,752 /mo

What's Special

LOCATION
SERENE
SPACIOUS
MODERN
QUIET NEIGHBORHOOD
COZY
INVESTMENT OPPORTUNITY

SINGLE STORY Duplex located in Palmdale, are you looking for an investment? How about a home for you and a family member. Front unit is three bedroom and one bathroom back unit is two bedrooms and one bathroom. This inviting property features a well-designed layout with ample space for comfortable living. Each unit boasts a spacious living area with plenty of natural light, creating a warm and welcoming atmosphere. The kitchens are thoughtfully equipped with modern appliances and offer generous storage and counter space, perfect for preparing meals and entertaining guests. Both units of this duplex have been well-maintained and offer a cozy, homey feel with their open floor plans and tasteful finishes. The property includes private outdoor spaces where residents can enjoy the sunny Palmdale weather, and the large backyard provides a great area for relaxation or potential gatherings. Situated in a quiet neighborhood, this duplex offers a serene environment while still being conveniently located near local amenities, schools, and parks. Whether you’re looking for a place to call home or a valuable investment opportunity, presents a versatile option with its appealing features and prime location.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.41
Remaining Loan Term
27 years, 5 months
Monthly PITI
$2,745.99/mo
Estimated Loan Balance
$399,974
Cash to close
$102,987
Interest Paid
$55,955

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 2
Cooling & Heating
  • Cooling: WallWindowUnits
  • Heating: WallFurnace
Features
  • Materials: Drywall, Glass, WoodSiding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Laminate

Exterior

Fencing
  • Fencing: ChainLink
Roof
  • Roof: Shingle
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: Yes
  • 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: Contemporary
Materials
  • Drywall, Glass, WoodSiding
  • Roof: Shingle
Condition
  • Year Built: 1954
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Curbs, Gutters, StormDrains, StreetLights, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Palmdale

Financial Details

  • Price per Sqft: $281.92
  • Tax Annual Amount: $
  • On Market Date: 2024-08-28T00:00:00.000Z
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 $102,987 (21%)
You can enter any amount below - secondary financing will cover the difference if needed.
21%
$

You cover the entire equity of $102,987!

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

Loan Breakdown

Assumed Mortgage5.41% Sellers Rate
$396,013
Your Cash$102,987
Total Purchase Price:$499,000

Assumed vs Traditional Mortgage

Assumed @ 5.41%
$2,291/mo
Traditional @ 7.5%
$2,855/mo
You save $564/month ($6,769/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SR24170138

Listing From:

Last updated: 2024-12-19T05:50:24.000Z

© , 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

5.41%
7.15%

Principal & Interest

$2,291 /mo
$2,752 /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 $102,987 (21%)
You can enter any amount below - secondary financing will cover the difference if needed.
21%
$

You cover the entire equity of $102,987!

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

Loan Breakdown

Assumed Mortgage5.41% Sellers Rate
$396,013
Your Cash$102,987
Total Purchase Price:$499,000

Assumed vs Traditional Mortgage

Assumed @ 5.41%
$2,291/mo
Traditional @ 7.5%
$2,855/mo
You save $564/month ($6,769/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.