Laura Jewett

Laura Jewett

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Closed

$749,000

($329,563 down)
FHA

5500 Lime Avenue, Long Beach, CA 90805

2
1
1,217 sqft
PITI Monthly
$3,690.57 /mo

Listing courtesy of: Sandra Morales, ROYAL HOMES & LOANS

Assumed Rate

4.42%
7.15%

Principal & Interest

$2,361 /mo
$3,177 /mo

What's Special

ENTERTAINMENT
DINING
SPACIOUS
MODERN
FIREPLACE
PATIO
CHARMING
COZY

Dream Home Alert! MOVE IN READY HOME! This charming 2 bedroom, 1 bath beauty is packed with upgrades that will steal your heart. Refurbished floors and a very cool fireplace, perfect for cozy nights. Stylish recessed lighting and ceiling fans in living room & bedrooms. Dining area with a statement chandelier. Modern kitchen featuring white cabinets & updated countertops. Beautiful bathroom with chic tiles & vanity. Detached spacious mud/laundry room, that can be used as a 3rd bedroom. Gated 2-car garage with endless possibilities + extra guest parking. Back patio with custom tile floors, ideal for low garden maintenance. A great home for entertainment! Your perfect home awaits!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.42
Remaining Loan Term
23 years, 6 months
Monthly PITI
$3,690.57/mo
Estimated Loan Balance
$425,064
Cash to close
$329,563
Interest Paid
$127,477

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: SeeRemarks
  • Heating: WallFurnace
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: SeeRemarks
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: 1936
Details
  • Builder:

Community & HOA

Community
  • Subdivision: North Long Beach (NLB)
  • Features: Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Long Beach

Financial Details

  • Price per Sqft: $615.45
  • Tax Annual Amount: $9362.5
  • On Market Date: 2024-08-24T00:00:00.000Z
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 $329,563 (44%)
You can enter any amount below - secondary financing will cover the difference if needed.
44%
$

You cover the entire equity of $329,563!

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

Loan Breakdown

Assumed Mortgage4.42% Sellers Rate
$419,437
Your Cash$329,563
Total Purchase Price:$749,000

Assumed vs Traditional Mortgage

Assumed @ 4.42%
$2,361/mo
Traditional @ 7.5%
$3,295/mo
You save $934/month ($11,211/year)

*Secondary financing rates are an estimated value based on input

MLS ID: CV24174232

Listing From:

Last updated: 2024-10-21T18:11:31.000Z

© , 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

4.42%
7.15%

Principal & Interest

$2,361 /mo
$3,177 /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 $329,563 (44%)
You can enter any amount below - secondary financing will cover the difference if needed.
44%
$

You cover the entire equity of $329,563!

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

Loan Breakdown

Assumed Mortgage4.42% Sellers Rate
$419,437
Your Cash$329,563
Total Purchase Price:$749,000

Assumed vs Traditional Mortgage

Assumed @ 4.42%
$2,361/mo
Traditional @ 7.5%
$3,295/mo
You save $934/month ($11,211/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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