Laura Jewett

Laura Jewett

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Closed

$315,000

($45,421 down)
FHA

50950 70th Street W, Lancaster, CA 93536

4
2
1,759 sqft
PITI Monthly
$1,920.57 /mo

Listing courtesy of: Amy Ashotyan, Avant Garde Realty Inc.

Assumed Rate

4.57%
7.15%

Principal & Interest

$1,555 /mo
$2,056 /mo

What's Special

ENTERTAINMENT
SPACIOUS
MASTER SUITE

Discover this single-story ranch-style home set on over 2 acres of fenced-in land. This property offers a spacious living area, an open kitchen, and three bedrooms, including a master suite with an en-suite bathroom. The expansive, level yard provides ample space for customization, whether you envision a garden, play area, or outdoor entertainment space. While the home holds great potential, it does require significant work and updates to realize its full charm. Ideal for those with a vision and a knack for renovation, this property is a fantastic opportunity to create your dream home in a tranquil, spacious setting.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.57
Remaining Loan Term
23 years, 4 months
Monthly PITI
$1,920.57/mo
Estimated Loan Balance
$335,022
Cash to close
$45,421
Interest Paid
$87,465

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central, Propane
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: ChainLink
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: SepticTypeUnknown
  • Water Source: Private
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: 1987
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Mountainous
HOA
  • Has HOA: No
Location
  • Region: Lancaster

Financial Details

  • Price per Sqft: $179.08
  • Tax Annual Amount: $3937.5
  • On Market Date: 2024-09-04T00:00:00.000Z
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 $45,421 (14%)
You can enter any amount below - secondary financing will cover the difference if needed.
14%
$

You cover the entire equity of $45,421!

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

Loan Breakdown

Assumed Mortgage4.57% Sellers Rate
$269,579
Your Cash$45,421
Total Purchase Price:$315,000

Assumed vs Traditional Mortgage

Assumed @ 4.57%
$1,555/mo
Traditional @ 7.5%
$2,132/mo
You save $578/month ($6,930/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SR24183606

Listing From:

Last updated: 2025-03-07T22:57:20.000Z

© , 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

4.57%
7.15%

Principal & Interest

$1,555 /mo
$2,056 /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 $45,421 (14%)
You can enter any amount below - secondary financing will cover the difference if needed.
14%
$

You cover the entire equity of $45,421!

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

Loan Breakdown

Assumed Mortgage4.57% Sellers Rate
$269,579
Your Cash$45,421
Total Purchase Price:$315,000

Assumed vs Traditional Mortgage

Assumed @ 4.57%
$1,555/mo
Traditional @ 7.5%
$2,132/mo
You save $578/month ($6,930/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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