Laura Jewett

Laura Jewett

Property SearchContact
primary-1
primary-2primary-3
Closed

$699,999

($12,257 down)
FHA

616 Holly Trail Path, Sierra Madre, CA 91024

1
1
686 sqft
PITI Monthly
$5,631.14 /mo

Listing courtesy of: Thomas Vriens, Romeo Echo

Assumed Rate

5.84%
7.15%

Principal & Interest

$4,137 /mo
$4,742 /mo

What's Special

MODERN
DECK
HISTORIC
CHARMING

**Price improvement!**This charming chalet-style home is perched on a hill with breathtaking views of the Sierra Madre canyon. Featuring an open floor plan, the home includes a lofted bedroom with a private bath, and is adorned with knotty pine ceilings and walls. Large windows and doors open to stunning vistas and lush greenery, seamlessly blending indoor and outdoor living.Originally built in 1923, this historic property beautifully retains its old-world charm while offering modern conveniences. The bathroom is bathed in natural light and features elegant white tile. French doors in the living room lead to a hillside backyard and a viewing deck, where you can enjoy panoramic mountain and canyon views with your morning coffee.Recent upgrades include fresh interior paint, premium engineered wood flooring, and a new HVAC system. The home also offers room for expansion, with the potential to add a second bedroom and bathroom.Downtown LA 17 miles, with Metro Rail service from Sierra Madre Villa Station & Parking (3.5 mi). Huntington Gardens, Norton Simon Museum, CalTech, and JPL within 15 min drive.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.84
Remaining Loan Term
27 years, 10 months
Monthly PITI
$5,631.14/mo
Estimated Loan Balance
$688,528
Cash to close
$12,257
Interest Paid
$87,647

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 1
  • Bathrooms: 1
Cooling & Heating
  • Cooling: HeatPump
  • Heating: Electric, HeatPump
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Laminate

Exterior

Fencing
  • Fencing: Partial
Roof
  • Roof: Unknown
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1923
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Not Applicable - 1007242
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Sierra Madre

Financial Details

  • Price per Sqft: $1,020.41
  • Tax Annual Amount: $8749.99
  • On Market Date: 2024-09-17T00:00:00.000Z
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 $12,257 (2%)
You can enter any amount below - secondary financing will cover the difference if needed.
2%
$

You cover the entire equity of $12,257!

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

Loan Breakdown

Assumed Mortgage5.84% Sellers Rate
$687,742
Your Cash$12,257
Total Purchase Price:$699,999

Assumed vs Traditional Mortgage

Assumed @ 5.84%
$4,137/mo
Traditional @ 7.5%
$4,743/mo
You save $606/month ($7,269/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 224003919

Listing From:

Last updated: 2025-02-19T21:30:57.000Z

© , 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

5.84%
7.15%

Principal & Interest

$4,137 /mo
$4,742 /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 $12,257 (2%)
You can enter any amount below - secondary financing will cover the difference if needed.
2%
$

You cover the entire equity of $12,257!

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

Loan Breakdown

Assumed Mortgage5.84% Sellers Rate
$687,742
Your Cash$12,257
Total Purchase Price:$699,999

Assumed vs Traditional Mortgage

Assumed @ 5.84%
$4,137/mo
Traditional @ 7.5%
$4,743/mo
You save $606/month ($7,269/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

Powered By UMe.

© 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.

equal-housing

© is committed to and abides by the Fair Housing Act of Equal Opportunity.