Laura Jewett

Laura Jewett

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Closed

$764,950

($81,061 down)
FHA

5242 Olive Dr, Concord, CA 94521

3
2
1,500 sqft
PITI Monthly
$4,742.08 /mo

Listing courtesy of: Tara Gibson, Keller Williams Realty

Assumed Rate

4.36%
7.15%

Principal & Interest

$3,962 /mo
$5,369 /mo

What's Special

FIREPLACE
MATURE TREES

Rare find! This very private sanctuary sits on a 1/4 acre lot with mature trees, low maintenance drought tolerant landscaping, and stunning views of Mount Diablo. This is a sought after neighborhood just minutes from downtown Clayton. Featuring stunning wood beams, wall to wall windows overlooking the outdoor oasis, rock fireplace, two bay windows, complete with updates to kitchen and bathrooms with an attached 2 car garage. Ensuite primary, guest/office room, and one large bedroom the size of a studio apartment (extra 202 sq ft) with its own separate entrance for guest or extended family. The backyard has enough room for an ADU and/or pool and RV/Boat parking. The possibilities are endless!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.36
Remaining Loan Term
22 years, 2 months
Monthly PITI
$4,742.08/mo
Estimated Loan Balance
$686,828
Cash to close
$81,061
Interest Paid
$252,398

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: WallWindowUnits
  • Heating: ForcedAir, NaturalGas
Features
  • Materials: Brick, Stucco, WoodSiding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom, WoodBurning
  • Flooring: Carpet, Wood

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
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: Contemporary
Materials
  • Brick, Stucco, WoodSiding
  • Roof: Unknown
Condition
  • Year Built: 1962
Details
  • Builder:

Community & HOA

Community
  • Subdivision: CLAYTON VALLEY
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Concord

Financial Details

  • Price per Sqft: $509.97
  • Tax Annual Amount: $
  • On Market Date: 2024-09-13T00:00:00.000Z
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 $81,061 (11%)
You can enter any amount below - secondary financing will cover the difference if needed.
11%
$

You cover the entire equity of $81,061!

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

Loan Breakdown

Assumed Mortgage4.36% Sellers Rate
$683,889
Your Cash$81,061
Total Purchase Price:$764,950

Assumed vs Traditional Mortgage

Assumed @ 4.36%
$3,962/mo
Traditional @ 7.5%
$5,570/mo
You save $1,607/month ($19,288/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 41071781

Listing From:

Last updated: 2024-11-05T23:53:12.000Z

© , 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

4.36%
7.15%

Principal & Interest

$3,962 /mo
$5,369 /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 $81,061 (11%)
You can enter any amount below - secondary financing will cover the difference if needed.
11%
$

You cover the entire equity of $81,061!

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

Loan Breakdown

Assumed Mortgage4.36% Sellers Rate
$683,889
Your Cash$81,061
Total Purchase Price:$764,950

Assumed vs Traditional Mortgage

Assumed @ 4.36%
$3,962/mo
Traditional @ 7.5%
$5,570/mo
You save $1,607/month ($19,288/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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