Laura Jewett

Laura Jewett

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Closed

$749,999

($477,572 down)
FHA

434 Algonquin Drive, Simi Valley, CA 93065

3
3
1,510 sqft
PITI Monthly
$2,252.17 /mo

Listing courtesy of: Margaret Dutton, Compass

Assumed Rate

3.91%
7.15%

Principal & Interest

$1,770 /mo
$2,532 /mo

What's Special

SHOPPING
DINING
RENOVATED
FIREPLACE
VAULTED CEILINGS
SOAKING TUB
BALCONY

Nestled amongst shade trees and reminiscent of a Cape Cod community is this 3 bedroom, 3 bath home with views from most rooms. For inspiration check out the virtually renovated spaces! The main entry level consists of a family room with fireplace and dining area with vaulted ceilings, eat-in kitchen with walk-in pantry, bedroom, bath and two balconies with spectacular views of nearby hills. Enjoy morning coffee on one balcony and evening appetizers on the other! Heading downstairs, you'll find two primary suites each with en-suite baths; one primary bath consists of dual sink vanity and soaking tub/shower. Each bedroom has sliding doors that lead to the backyard. With a particularly large lot, let your imagination run wild with design possibilities. Exceptionally low monthly HOAs include two pools and two spas. Close to shopping, restaurants and so much more. Don't miss this opportunity!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.91
Remaining Loan Term
17 years, 2 months
Monthly PITI
$2,252.17/mo
Estimated Loan Balance
$380,604
Cash to close
$477,572
Interest Paid
$163,059

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Unknown
  • Heating: Unknown
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom, Gas
  • Flooring: Carpet

Exterior

Fencing
  • Fencing: Vinyl, Wood
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: Community, InGround

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: CapeCod
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1986
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Pool
HOA
  • Has HOA: Yes
  • HOA Name: The Glen
  • HOA Amenities: Unknown
  • HOA Fee: $84
  • HOA Frequency: $Monthly
Location
  • Region: Simi Valley

Financial Details

  • Price per Sqft: $496.69
  • Tax Annual Amount: $
  • On Market Date: 2024-07-13T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $477,572 (64%)
You can enter any amount below - secondary financing will cover the difference if needed.
64%
$

You cover the entire equity of $477,572!

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

Loan Breakdown

Assumed Mortgage3.91% Sellers Rate
$272,427
Your Cash:$477,572
Total Purchase Price:$749,999

Assumed vs Traditional Mortgage

Assumed @ 3.91%
$1,770/mo
Traditional @ 7.5%
$2,626/mo
You save $856/month ($10,270/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 224002877

Listing From:

Last updated: 2024-12-05T22:14:03.000Z

© , 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

3.91%
7.15%

Principal & Interest

$1,770 /mo
$2,532 /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 $477,572 (64%)
You can enter any amount below - secondary financing will cover the difference if needed.
64%
$

You cover the entire equity of $477,572!

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

Loan Breakdown

Assumed Mortgage3.91% Sellers Rate
$272,427
Your Cash:$477,572
Total Purchase Price:$749,999

Assumed vs Traditional Mortgage

Assumed @ 3.91%
$1,770/mo
Traditional @ 7.5%
$2,626/mo
You save $856/month ($10,270/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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