Laura Jewett

Laura Jewett

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Closed

$999,000

($69,224 down)
FHA

3990 Fairway Ave, Oakland, CA 94605

2
2
1,433 sqft
PITI Monthly
$7,025.18 /mo

Listing courtesy of: Asila Sayedi, KW Advisors East Bay

Assumed Rate

4.82%
7.15%

Principal & Interest

$5,083 /mo
$6,529 /mo

What's Special

SERENE
DINING
SPACIOUS
MODERN
HARDWOOD FLOORS
FIREPLACE
WALK-IN CLOSET
HOME OFFICE
PATIO
CHARMING

Welcome to this meticulously maintained mid-century modern Oakland Hills gem in the sought-after Sequoyah neighborhood. This single-level ranch-style home offers 2 spacious bedrooms and 1.5 updated baths, enhanced by central air for year-round comfort. Step inside through a custom front door to an open-concept living area filled with natural light, featuring gleaming hardwood floors and a charming brick fireplace. The modern kitchen boasts new appliances, including a Blue Star range, and flows seamlessly into the dining area. Sliding glass doors lead to a covered patio, perfect for indoor-outdoor entertaining. The primary suite offers serene canyon views, a private half bath, and a walk-in closet. The second bedroom provides flexibility for guests or a home office. Situated on a 9,156 sq. ft. lot, the backyard features a gas hook-up for BBQs, a lush lawn, raised garden beds, and a storage shed. The vaulted double garage offers ADU or expansion potential. An assumable FHA mortgage, 5.625%,is available, offering a unique financial opportunity. This move-in-ready home blends tranquility with urban convenience—your private retreat awaits! Offer Deadline: Wednesday 03/12/2025 at 12:00 PM.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.82
Remaining Loan Term
27 years, 6 months
Monthly PITI
$7,025.18/mo
Estimated Loan Balance
$932,457
Cash to close
$69,224
Interest Paid
$114,300

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: ForcedAir
Features
  • Materials: BrickVeneer, Stucco, WoodSiding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom, PrimaryBedroom
  • Flooring: Tile, Wood

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Shingle
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories:
  • Home type: SingleFamilyResidence
  • Architectural Style: Modern, Ranch
Materials
  • BrickVeneer, Stucco, WoodSiding
  • Roof: Shingle
Condition
  • Year Built: 1954
Details
  • Builder:

Community & HOA

Community
  • Subdivision: SEQUOYAH
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Oakland

Financial Details

  • Price per Sqft: $697.14
  • Tax Annual Amount: $12487.5
  • On Market Date: 2025-02-27T00:00:00.000Z
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 $69,224 (7%)
You can enter any amount below - secondary financing will cover the difference if needed.
7%
$

You cover the entire equity of $69,224!

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

Loan Breakdown

Assumed Mortgage4.82% Sellers Rate
$929,776
Your Cash$69,224
Total Purchase Price:$999,000

Assumed vs Traditional Mortgage

Assumed @ 4.82%
$5,083/mo
Traditional @ 7.5%
$6,772/mo
You save $1,689/month ($20,265/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 41087428

Listing From:

Last updated: 2025-03-12T19:53:33.000Z

© , 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

4.82%
7.15%

Principal & Interest

$5,083 /mo
$6,529 /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 $69,224 (7%)
You can enter any amount below - secondary financing will cover the difference if needed.
7%
$

You cover the entire equity of $69,224!

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

Loan Breakdown

Assumed Mortgage4.82% Sellers Rate
$929,776
Your Cash$69,224
Total Purchase Price:$999,000

Assumed vs Traditional Mortgage

Assumed @ 4.82%
$5,083/mo
Traditional @ 7.5%
$6,772/mo
You save $1,689/month ($20,265/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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