Laura Jewett

Laura Jewett

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Closed

$399,900

($158,258 down)
FHA

40534 154th Street E, Lancaster, CA 93535

3
2
1,402 sqft
PITI Monthly
$1,861.9 /mo

Listing courtesy of: Megan Bohannan, Re/Max All-Pro

Assumed Rate

2.98%
7.15%

Principal & Interest

$1,095 /mo
$1,759 /mo

What's Special

MOVE-IN READY
CHARMING
SOLAR PANELS
AFFORDABLE

Discover this move-in ready home on a half-acre lot in Lake Los Angeles. It features a new roof and HVAC system, three large bedrooms, and two bathrooms. The front lawn has new turf, and the backyard is fenced with views of the mountains. There is an ample amount of solar panels helping keep your monthly electric bill very affordable. The property offers RV access, a two-car garage, and the option for livestock. This charming home qualifies for a USDA loan, making it an excellent choice for eligible buyers seeking rural development financing. Call for your appointment today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.98
Remaining Loan Term
26 years, 4 months
Monthly PITI
$1,861.9/mo
Estimated Loan Balance
$326,136
Cash to close
$158,258
Interest Paid
$27,370

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central, Solar
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Brick, Wood
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: SepticTypeUnknown
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Traditional
Materials
  • Unknown
  • Roof: Composition
Condition
  • Year Built: 1986
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Rural
HOA
  • Has HOA: No
Location
  • Region: Lancaster

Financial Details

  • Price per Sqft: $285.24
  • Tax Annual Amount: $4998.75
  • On Market Date: 2024-12-11T00:00:00.000Z
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 $158,258 (40%)
You can enter any amount below - secondary financing will cover the difference if needed.
40%
$

You cover the entire equity of $158,258!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$241,642
Your Cash$158,258
Total Purchase Price:$399,900

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$1,095/mo
Traditional @ 7.5%
$1,825/mo
You save $729/month ($8,754/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SR24246533

Listing From:

Last updated: 2025-02-06T18:55:37.000Z

© , 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

2.98%
7.15%

Principal & Interest

$1,095 /mo
$1,759 /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 $158,258 (40%)
You can enter any amount below - secondary financing will cover the difference if needed.
40%
$

You cover the entire equity of $158,258!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$241,642
Your Cash$158,258
Total Purchase Price:$399,900

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$1,095/mo
Traditional @ 7.5%
$1,825/mo
You save $729/month ($8,754/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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