Laura Jewett

Laura Jewett

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Closed

$439,999

($263,741 down)
FHA

40627 176th Street E, Lancaster, CA 93535

5
2
1,384 sqft
PITI Monthly
$1,715.96 /mo

Listing courtesy of: Nancy Contreras, Luxury Collective

Assumed Rate

3.81%
7.15%

Principal & Interest

$962 /mo
$1,393 /mo

What's Special

SERENE
SHOPPING
DINING
SPACIOUS
MODERN
FIREPLACE
HOME OFFICE
COZY

A serene desert retreat offering space, privacy, and endless possibilities. This 5-bedroom, 2-bathroom home sits on an expansive lot, providing the perfect canvas for rural living with modern comforts. Whether you're seeking a peaceful escape, room to grow, or space for outdoor hobbies, this property has it all. The home features a welcoming open floor plan with a bright living room and a cozy fireplace, ideal for relaxing or entertaining. The kitchen boasts ample counter space, cabinetry, and a functional layout that makes meal preparation a breeze. Adjacent to the kitchen is a dining area that overlooks the backyard, perfect for enjoying meals with family and friends. The spacious primary suite includes an en-suite bathroom and plenty of closet space. Two additional bedrooms and a second full bathroom provide comfort and flexibility for family, guests, or a home office. Step outside to discover the true beauty of this property. With 29,620sqft of flat, usable land, the opportunities are endless. Create your dream garden, add a workshop, build an outdoor entertaining area, or even accommodate animals – the choice is yours. The property also features plenty of parking, including space for RVs or other recreational vehicles. Located in a quiet area of Lancaster, this home offers a tranquil lifestyle while still being within reach of local amenities, schools, and shopping. Enjoy the beauty of the desert landscape and the privacy that comes with such a large lot. Don’t miss this opportunity to own a slice of desert paradise. Schedule a showing today and explore all the potential 40627 176th Street E has to offer!

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Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.81
Remaining Loan Term
22 years, 7 months
Monthly PITI
$1,715.96/mo
Estimated Loan Balance
$217,858
Cash to close
$263,741
Interest Paid
$54,066

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Gas, LivingRoom
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Wood
Roof
  • Roof: Unknown
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: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1979
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Curbs, StreetLights, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Lancaster

Financial Details

  • Price per Sqft: $317.92
  • Tax Annual Amount: $5499.99
  • On Market Date: 2024-12-13T00:00:00.000Z
Inquire about this property

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Apply to Assume

Fill out an application to explore financing options for assuming this loan.

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Savings Calculator

Current cash to close is $263,741 (60%)
You can enter any amount below - secondary financing will cover the difference if needed.
60%
$

You cover the entire equity of $263,741!

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

Loan Breakdown

Assumed Mortgage3.81% Sellers Rate
$176,258
Your Cash:$263,741
Total Purchase Price:$439,999

Assumed vs Traditional Mortgage

Assumed @ 3.81%
$962/mo
Traditional @ 7.5%
$1,445/mo
You save $483/month ($5,791/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SR24242926

Listing From:

Last updated: 2024-12-19T06:01:47.000Z

© , 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

3.81%
7.15%

Principal & Interest

$962 /mo
$1,393 /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 $263,741 (60%)
You can enter any amount below - secondary financing will cover the difference if needed.
60%
$

You cover the entire equity of $263,741!

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

Loan Breakdown

Assumed Mortgage3.81% Sellers Rate
$176,258
Your Cash:$263,741
Total Purchase Price:$439,999

Assumed vs Traditional Mortgage

Assumed @ 3.81%
$962/mo
Traditional @ 7.5%
$1,445/mo
You save $483/month ($5,791/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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