Laura Jewett

Laura Jewett

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Closed

$398,000

($251,981 down)
FHA

45008 lorimer ave, Lancaster, CA 93534

3
2
1,238 sqft
PITI Monthly
$1,079.94 /mo

Listing courtesy of: Jonathan Sanchez, Citiwide Realty Group

Assumed Rate

3.77%
7.15%

Principal & Interest

$807 /mo
$1,174 /mo

What's Special

LOCATION
MOVE-IN READY
MODERN
CONVENIENT LOCATION
CHARMING

Welcome to 45008 Lorimer Ave, a charming 3-bedroom, 2-bathroom home nestled in Lancaster, CA. This recently updated residence boasts new dual-pane windows that invite natural light throughout the day. Inside, you'll find newly installed wood floors in the bedrooms and living room, adding warmth and modern appeal. The property also features a brand-new water heater, ensuring comfort and efficiency. With its convenient location and recent upgrades, 45008 Lorimer Ave offers a perfect blend of comfort and functionality for prospective buyers seeking a move-in ready home in Lancaster.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.77
Remaining Loan Term
21 years, 9 months
Monthly PITI
$1,079.94/mo
Estimated Loan Balance
$157,437
Cash to close
$251,981
Interest Paid
$49,643

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: EvaporativeCooling
  • Heating: Unknown
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Wood

Exterior

Fencing
  • Fencing: Brick
Roof
  • Roof: Shingle
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 0
  • Home type: SingleFamilyResidence
  • Architectural Style: Traditional
Materials
  • Unknown
  • Roof: Shingle
Condition
  • Year Built: 1955
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $321.49
  • Tax Annual Amount: $
  • On Market Date: 2024-06-22T00:00:00.000Z
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 $251,981 (63%)
You can enter any amount below - secondary financing will cover the difference if needed.
63%
$

You cover the entire equity of $251,981!

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

Loan Breakdown

Assumed Mortgage3.77% Sellers Rate
$146,019
Your Cash:$251,981
Total Purchase Price:$398,000

Assumed vs Traditional Mortgage

Assumed @ 3.77%
$807/mo
Traditional @ 7.5%
$1,218/mo
You save $411/month ($4,929/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SR24128341

Listing From:

Last updated: 2025-01-14T01:17:46.000Z

© , 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

3.77%
7.15%

Principal & Interest

$807 /mo
$1,174 /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 $251,981 (63%)
You can enter any amount below - secondary financing will cover the difference if needed.
63%
$

You cover the entire equity of $251,981!

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

Loan Breakdown

Assumed Mortgage3.77% Sellers Rate
$146,019
Your Cash:$251,981
Total Purchase Price:$398,000

Assumed vs Traditional Mortgage

Assumed @ 3.77%
$807/mo
Traditional @ 7.5%
$1,218/mo
You save $411/month ($4,929/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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