Laura Jewett

Laura Jewett

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Closed

$885,000

($299,394 down)
FHA

5230 Gordon Ave, El Cerrito, CA 94530

3
2
1,424 sqft
PITI Monthly
$3,286.15 /mo

Listing courtesy of: Elic Suazo, Red Oak Realty

Assumed Rate

2.83%
7.15%

Principal & Interest

$2,620 /mo
$4,289 /mo

What's Special

SERENE
DINING
SPACIOUS
STAINLESS STEEL APPLIANCES
PRIVATE BACKYARD
CUL-DE-SAC

You’ll enjoy sweet & easy living in this magnificent Ranch-style gem nestled at the end of a peaceful, cul-de-sac in the Baja El Cerrito neighborhood. This level-in 3-bed, 2-bath home has radiance and style. It features an inviting, open layout that allows conversation, loved ones, and food to flow effortlessly from kitchen to dining to living and outdoors. Its airy, updated kitchen features eye-catching quartz counters, an array of cabinets, storage, and top-level stainless steel appliances. The living room is spacious and bright. A wide picture window offers views of a picturesque Greco-Roman fountain, olive trees, and a native garden evoking a bit of Tuscany in your own yard. Warm-toned hardwood flooring spans the entire house. The ample primary bedroom suite serves up style, comfort, and generously sized closets. This home is suited for entertaining and also perfect for serene enjoyment. The indoor-outdoor experience of the home is exceptional. From the dining room and den sliding doors open to a gracious and private backyard – a gardener’s delight. You’ll enjoy al-fresco dining experiences or tending to its variety of fruit trees and herb garden. A two-car garage offers interior access. Convenient proximity to El Cerrito and San Pablo Ave dining and shops, BART, I-180 & 580.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.83
Remaining Loan Term
26 years, 0 months
Monthly PITI
$3,286.15/mo
Estimated Loan Balance
$586,842
Cash to close
$299,394
Interest Paid
$68,795

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: None
  • Heating: ForcedAir
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Tile, Wood

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Shingle
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories:
  • Home type: SingleFamilyResidence
  • Architectural Style: Ranch
Materials
  • Stucco
  • Roof: Shingle
Condition
  • Year Built: 1981
Details
  • Builder:

Community & HOA

Community
  • Subdivision: DEL NORTE
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: El Cerrito

Financial Details

  • Price per Sqft: $621.49
  • Tax Annual Amount: $
  • On Market Date: 2024-08-14T00:00:00.000Z
Inquire about this property

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Apply to Assume

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Savings Calculator

Current cash to close is $299,394 (34%)
You can enter any amount below - secondary financing will cover the difference if needed.
34%
$

You cover the entire equity of $299,394!

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

Loan Breakdown

Assumed Mortgage2.83% Sellers Rate
$585,606
Your Cash$299,394
Total Purchase Price:$885,000

Assumed vs Traditional Mortgage

Assumed @ 2.83%
$2,620/mo
Traditional @ 7.5%
$4,449/mo
You save $1,830/month ($21,955/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 41069796

Listing From:

Last updated: 2024-12-05T05:06:18.000Z

© , 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

2.83%
7.15%

Principal & Interest

$2,620 /mo
$4,289 /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 $299,394 (34%)
You can enter any amount below - secondary financing will cover the difference if needed.
34%
$

You cover the entire equity of $299,394!

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

Loan Breakdown

Assumed Mortgage2.83% Sellers Rate
$585,606
Your Cash$299,394
Total Purchase Price:$885,000

Assumed vs Traditional Mortgage

Assumed @ 2.83%
$2,620/mo
Traditional @ 7.5%
$4,449/mo
You save $1,830/month ($21,955/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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