Laura Jewett

Laura Jewett

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Closed

$464,999

($123,645 down)
FHA

5123 Lomica Lane, Bakersfield, CA 93313

4
3
2,102 sqft
PITI Monthly
$2,582.45 /mo

Listing courtesy of: Andrie Nainggolan, Berkshire Hathaway HomeServices Associated Real Estate

Assumed Rate

6.43%
7.15%

Principal & Interest

$2,171 /mo
$2,337 /mo

What's Special

OPEN CONCEPT
SHOPPING
SPACIOUS
LUXURY
CUSTOM BUILT
PATIO

Welcome to this spacious 4-bedroom, 2.5-bath home with 2,102 square feet of living space, situated in Southwest Bakersfield on Lomica Lane. This beautiful home is situated on a corner lot in a quiet cul de sac. The upgraded staircase flooring adds a touch of elegance, while the custom built-in for an 85" TV in the living room is perfect for movie nights. All four bedrooms are conveniently located upstairs, providing privacy and separation from the main living areas. The home also features luxury vinyl plank floors throughout, custom blinds, and tastefully updated bathrooms. The kitchen boasts an open concept design, perfect for entertaining. Additionally, enjoy the oversized backyard patio, ideal for outdoor gatherings. With a 3 car tandem garage, there is plenty of space for parking and storage. Conveniently located near shopping centers like Costco and a variety of restaurants, this home offers a perfect blend of comfort and accessibility. Don't miss out on this opportunity to own a home that combines comfort, convenience, and luxury.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.43
Remaining Loan Term
28 years, 3 months
Monthly PITI
$2,582.45/mo
Estimated Loan Balance
$341,694
Cash to close
$123,645
Interest Paid
$38,559

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Unknown
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 2015
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $221.22
  • Tax Annual Amount: $
  • On Market Date: 2024-07-24T00:00:00.000Z
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.

Apply now

Savings Calculator

Current cash to close is $123,645 (27%)
You can enter any amount below - secondary financing will cover the difference if needed.
27%
$

You cover the entire equity of $123,645!

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

Loan Breakdown

Assumed Mortgage6.43% Sellers Rate
$341,354
Your Cash$123,645
Total Purchase Price:$464,999

Assumed vs Traditional Mortgage

Assumed @ 6.43%
$2,171/mo
Traditional @ 7.5%
$2,424/mo
You save $253/month ($3,035/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SR24151754

Listing From:

Last updated: 2024-09-24T18:29:31.000Z

© , 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

6.43%
7.15%

Principal & Interest

$2,171 /mo
$2,337 /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 $123,645 (27%)
You can enter any amount below - secondary financing will cover the difference if needed.
27%
$

You cover the entire equity of $123,645!

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

Loan Breakdown

Assumed Mortgage6.43% Sellers Rate
$341,354
Your Cash$123,645
Total Purchase Price:$464,999

Assumed vs Traditional Mortgage

Assumed @ 6.43%
$2,171/mo
Traditional @ 7.5%
$2,424/mo
You save $253/month ($3,035/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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