Laura Jewett

Laura Jewett

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$400,000

($283,405 down)
FHA

4812 Churchill Downs Ct, Bakersfield, CA 93312

5
3
2,188 sqft
PITI Monthly
$1,556.58 /mo

Listing courtesy of: Naomi Bermudez, Keller Williams Realty Bakersfield

Assumed Rate

4.43%
7.15%

Principal & Interest

$868 /mo
$1,166 /mo

What's Special

INVESTORS
LOCATION
SPACIOUS

Investor Special! This spacious home with tons of potential is perfect for investors or end buyers looking to fix and flip, rent out, or make it their own! Featuring a pool, paid-off solar, and plenty of space for entertaining, this property is a rare find. Conveniently located next to Freedom School, it offers an unbeatable location. Cash or hard money only act fast, this one won't last!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.43
Remaining Loan Term
15 years, 6 months
Monthly PITI
$1,556.58/mo
Estimated Loan Balance
$164,601
Cash to close
$283,405
Interest Paid
$94,912

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Laminate

Exterior

Fencing
  • Fencing: NeedsRepair
Roof
  • Roof: Shingle
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Unknown
Pool
  • Has Pool: Yes
  • Pool Features: InGround, Private

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Traditional
Materials
  • Unknown
  • Roof: Shingle
Condition
  • Year Built: 1994
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Bakersfield

Financial Details

  • Price per Sqft: $182.82
  • Tax Annual Amount: $5000
  • On Market Date: 2025-03-27T00:00:00.000Z
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 $283,405 (71%)
You can enter any amount below - secondary financing will cover the difference if needed.
71%
$

You cover the entire equity of $283,405!

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

Loan Breakdown

Assumed Mortgage4.43% Sellers Rate
$116,595
Your Cash:$283,405
Total Purchase Price:$400,000

Assumed vs Traditional Mortgage

Assumed @ 4.43%
$868/mo
Traditional @ 7.5%
$1,210/mo
You save $342/month ($4,103/year)

*Secondary financing rates are an estimated value based on input

MLS ID: PI25067157

Listing From:

Last updated: 2025-03-28T14:03:53.000Z

© , 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

4.43%
7.15%

Principal & Interest

$868 /mo
$1,166 /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 $283,405 (71%)
You can enter any amount below - secondary financing will cover the difference if needed.
71%
$

You cover the entire equity of $283,405!

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

Loan Breakdown

Assumed Mortgage4.43% Sellers Rate
$116,595
Your Cash:$283,405
Total Purchase Price:$400,000

Assumed vs Traditional Mortgage

Assumed @ 4.43%
$868/mo
Traditional @ 7.5%
$1,210/mo
You save $342/month ($4,103/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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