Laura Jewett

Laura Jewett

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$570,000

($258,478 down)
FHA

5215 Gray Lane, Las Vegas, NV 89119

N/A
N/A
3,648 sqft
PITI Monthly
$2,002.67 /mo

Listing courtesy of: Danny M. Hoang, Win Win Real Estate

Assumed Rate

3.08%
7.15%

Principal & Interest

$1,449 /mo
$2,298 /mo

What's Special

The property offers the opportunity for an owner-occupied buyer to assume an existing FHA loan with a highly favorable interest rate of just 2.875%! This fourplex features a variety of units, including a 3-bedroom, 2-bath unit, a 2-bedroom, 2-bath unit, and two upgraded 1-bedroom, 1-bath units. Each unit is separately metered and comes with its own one-car garage space. Conveniently located near UNLV, the Las Vegas Strip, and the airport, this property offers both comfort and accessibility.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.08
Remaining Loan Term
26 years, 1 months
Monthly PITI
$2,002.67/mo
Estimated Loan Balance
$312,817
Cash to close
$258,478
Interest Paid
$39,384

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms:
  • Bathrooms:
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central, Electric
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Other

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Other
Parking
  • Garage: No
  • Garage Spaces:
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: MultiFamily
  • Architectural Style: Fourplex
Materials
  • Stucco
  • Roof: Other
Condition
  • Year Built: 1977
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Century Gardens Sub 2nd
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name:
  • HOA Amenities: Unknown
  • HOA Fee: $
  • HOA Frequency: $
Location
  • Region: Las Vegas

Financial Details

  • Price per Sqft: $156.25
  • Tax Annual Amount: $1749
  • On Market Date: 2025-03-08T00:10:09.000Z
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 $258,478 (45%)
You can enter any amount below - secondary financing will cover the difference if needed.
45%
$

You cover the entire equity of $258,478!

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

Loan Breakdown

Assumed Mortgage3.08% Sellers Rate
$311,522
Your Cash$258,478
Total Purchase Price:$570,000

Assumed vs Traditional Mortgage

Assumed @ 3.08%
$1,449/mo
Traditional @ 7.5%
$2,384/mo
You save $935/month ($11,214/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 2663452

Listing From:

Last updated: 2025-03-27T20:34:38.000Z

© , GLVAR. 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

3.08%
7.15%

Principal & Interest

$1,449 /mo
$2,298 /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 $258,478 (45%)
You can enter any amount below - secondary financing will cover the difference if needed.
45%
$

You cover the entire equity of $258,478!

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

Loan Breakdown

Assumed Mortgage3.08% Sellers Rate
$311,522
Your Cash$258,478
Total Purchase Price:$570,000

Assumed vs Traditional Mortgage

Assumed @ 3.08%
$1,449/mo
Traditional @ 7.5%
$2,384/mo
You save $935/month ($11,214/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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