Laura Jewett

Laura Jewett

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Closed

$799,900

($377,890 down)
FHA

5273 Batavia Road, South Gate, CA 90280

4
2
1,514 sqft
PITI Monthly
$2,686.96 /mo

Listing courtesy of: Adriana Galaviz, West Capital Real Estate

Assumed Rate

3.61%
7.15%

Principal & Interest

$2,138 /mo
$3,172 /mo

What's Special

MODERN
CUSTOM BUILT

*******BACK ON THE MARKET*******Discover a rare gem in South Gate! This corner lot features a main home with 3 bedrooms and 1 bathroom, plus a fully permitted ADU offering an additional 1 bedroom and 1 bathroom. The ADU, located at 5275 Batavia Rd., boasts its own separate address. The main residence spans 1154 sq ft, while the ADU adds another 372 sq ft, totaling 1526 sq ft (buyers should verify with the city). The home is well-maintained and includes an open floor plan, an updated kitchen, a modern bathroom with a jetted tub, a primary bedroom with custom built-ins, and a backyard designed for entertaining.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.61
Remaining Loan Term
24 years, 7 months
Monthly PITI
$2,686.96/mo
Estimated Loan Balance
$423,738
Cash to close
$377,890
Interest Paid
$86,990

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
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: 1947
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: StreetLights, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: South Gate

Financial Details

  • Price per Sqft: $528.34
  • Tax Annual Amount: $
  • On Market Date: 2024-06-17T00:00:00.000Z
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 $377,890 (47%)
You can enter any amount below - secondary financing will cover the difference if needed.
47%
$

You cover the entire equity of $377,890!

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

Loan Breakdown

Assumed Mortgage3.61% Sellers Rate
$422,010
Your Cash$377,890
Total Purchase Price:$799,900

Assumed vs Traditional Mortgage

Assumed @ 3.61%
$2,138/mo
Traditional @ 7.5%
$3,290/mo
You save $1,152/month ($13,827/year)

*Secondary financing rates are an estimated value based on input

MLS ID: OC24123943

Listing From:

Last updated: 2024-12-13T19:14:26.000Z

© , 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

3.61%
7.15%

Principal & Interest

$2,138 /mo
$3,172 /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 $377,890 (47%)
You can enter any amount below - secondary financing will cover the difference if needed.
47%
$

You cover the entire equity of $377,890!

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

Loan Breakdown

Assumed Mortgage3.61% Sellers Rate
$422,010
Your Cash$377,890
Total Purchase Price:$799,900

Assumed vs Traditional Mortgage

Assumed @ 3.61%
$2,138/mo
Traditional @ 7.5%
$3,290/mo
You save $1,152/month ($13,827/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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