Laura Jewett

Laura Jewett

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Closed

$719,000

($734,508 down)
VA

432 Rennell Street, Morro Bay, CA 93442

2
1
912 sqft
PITI Monthly
$280.51 /mo

Listing courtesy of: Christopher Bath, Coast Realty

Assumed Rate

2.84%
7.15%

Principal & Interest

$64 /mo
$104 /mo

What's Special

REMODELED
SPACIOUS
MODERN
LUXURY
GRANITE COUNTERTOPS
WALK-IN CLOSET
CHARMING
COZY
EFFICIENT

Nestled in the charming beachside community of Morro Bay, this delightful 2-bedroom, 1-bathroom cottage is a coastal gem that perfectly combines comfort and style. As you step inside, you are greeted by an open-beamed vaulted ceiling that creates a sense of spaciousness, enhanced by the natural light streaming through a large skylight in the living room. The laminate flooring throughout the home is both stylish and practical, making it easy to maintain and ideal for an active beach lifestyle, accommodating sandy toes and wet paws after a day at the beach. The home is equipped with a Mitsubishi Split system that efficiently heats and cools with just one unit, and its own solar panel system by Sun Solar ensures energy efficiency and reduced utility costs. The updated kitchen is a chef’s delight, featuring granite countertops, a Samsung stainless steel Food Showcase refrigerator, extensive cabinetry, and a reverse osmosis water filtration system. Each bedroom boasts its own walk-in closet, has been freshly painted, and updated with new fixtures and door handles. The back bedroom offers the added luxury of a sliding door that opens directly to the oversized jacuzzi hot tub, providing a perfect retreat for relaxation. The bathroom has been completely remodeled to include a walk-in tub that allows for easy access and seating, complemented by a modern bidet. Additionally, the home features an unfinished bonus room, presenting a blank canvas for you to complete and personalize. The laundry area is conveniently located in a separate outside utility room, equipped with a utility sink and a drying station for hanging delicate clothes. This cottage not only provides a cozy and stylish living space but also embodies the relaxed and carefree spirit of Morro Bay's beachside living.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.84
Remaining Loan Term
26 years, 6 months
Monthly PITI
$280.51/mo
Estimated Loan Balance
$14,522
Cash to close
$734,508
Interest Paid
$1,479

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Dual
  • Heating: Electric
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: No
  • Garage Spaces: 0
  • 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: MidCenturyModern
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1972
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Morro del Mar(800)
  • Features: Fishing, WaterSports
HOA
  • Has HOA: No
Location
  • Region: Morro Bay

Financial Details

  • Price per Sqft: $788.38
  • Tax Annual Amount: $
  • On Market Date: 2024-08-01T00:00:00.000Z
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 $734,508 (102%)
You can enter any amount below - secondary financing will cover the difference if needed.
102%
$

You cover the entire equity of $734,508!

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

Loan Breakdown

Assumed Mortgage2.84% Sellers Rate
-$15,508
Your Cash:$734,508
Total Purchase Price:$719,000

Assumed vs Traditional Mortgage

Assumed @ 2.84%
$64/mo
Traditional @ 7.5%
$108/mo
You save $44/month ($533/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SC24155524

Listing From:

Last updated: 2024-12-05T03:38:39.000Z

© , 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

2.84%
7.15%

Principal & Interest

$64 /mo
$104 /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 $734,508 (102%)
You can enter any amount below - secondary financing will cover the difference if needed.
102%
$

You cover the entire equity of $734,508!

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

Loan Breakdown

Assumed Mortgage2.84% Sellers Rate
-$15,508
Your Cash:$734,508
Total Purchase Price:$719,000

Assumed vs Traditional Mortgage

Assumed @ 2.84%
$64/mo
Traditional @ 7.5%
$108/mo
You save $44/month ($533/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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