Laura Jewett

Laura Jewett

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Active

$799,888

($92,078 down)
FHA

5972 Lake Almanor Drive, San Jose, CA 95123

2
2
982 sqft
PITI Monthly
$5,488.77 /mo

Listing courtesy of: Clara M. Hernandez, Keller Williams Realty-Silicon Valley

Assumed Rate

4.92%
7.15%

Principal & Interest

$3,917 /mo
$4,974 /mo

What's Special

LOCATION
SPACIOUS
BALCONY
CLUBHOUSE
INVESTMENT OPPORTUNITY

Stylish & Convenient Living in Prime Almaden Location! Step into comfort and sophistication with this beautifully updated 2-bedroom, 2-bathroom second-floor condo, perfectly situated in the heart of Almaden! Directly across from scenic Lake Almaden and just minutes from Whole Foods, Starbucks, Trader Joes, Costco, and Oakridge Mall, this home offers the ultimate in convenience. Enjoy an inviting open-concept design that seamlessly connects the spacious living area to a private balcony- ideal for morning coffee or evening relaxation. The kitchen impresses with a walk-in pantry, while the in-unit laundry ensures effortless daily living. Beyond your doorstep, indulge in resort-style amenities, including a clubhouse, pool, gym, restrooms with showers, spa, a private 1-car garage and much more. Whether you're looking for a stylish retreat or a prime investment opportunity, this home has it all! Dont miss it out! Schedule a tour today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.92
Remaining Loan Term
27 years, 6 months
Monthly PITI
$5,488.77/mo
Estimated Loan Balance
$735,178
Cash to close
$92,078
Interest Paid
$88,914

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom, WoodBurning
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Other
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Community, Association

Construction

Type & Style
  • Stories: 1
  • Home type: Condominium
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Other
Condition
  • Year Built: 1994
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Pool
HOA
  • Has HOA: Yes
  • HOA Name: San Jose Park Almaden
  • HOA Amenities: Unknown
  • HOA Fee: $505
  • HOA Frequency: $Monthly
Location
  • Region: San Jose

Financial Details

  • Price per Sqft: $814.55
  • Tax Annual Amount: $9998.6
  • On Market Date: 2025-03-19T00:00:00.000Z
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 $92,078 (12%)
You can enter any amount below - secondary financing will cover the difference if needed.
12%
$

You cover the entire equity of $92,078!

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

Loan Breakdown

Assumed Mortgage4.92% Sellers Rate
$707,810
Your Cash$92,078
Total Purchase Price:$799,888

Assumed vs Traditional Mortgage

Assumed @ 4.92%
$3,917/mo
Traditional @ 7.5%
$5,159/mo
You save $1,242/month ($14,903/year)

*Secondary financing rates are an estimated value based on input

MLS ID: ML81987352

Listing From:

Last updated: 2025-04-03T13:04:37.000Z

© , 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

4.92%
7.15%

Principal & Interest

$3,917 /mo
$4,974 /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 $92,078 (12%)
You can enter any amount below - secondary financing will cover the difference if needed.
12%
$

You cover the entire equity of $92,078!

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

Loan Breakdown

Assumed Mortgage4.92% Sellers Rate
$707,810
Your Cash$92,078
Total Purchase Price:$799,888

Assumed vs Traditional Mortgage

Assumed @ 4.92%
$3,917/mo
Traditional @ 7.5%
$5,159/mo
You save $1,242/month ($14,903/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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