Laura Jewett

Laura Jewett

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Closed

$399,900

($43,891 down)
FHA

61 Wally B Lane, Oroville, CA 95966

2
3
1,639 sqft
PITI Monthly
$2,811.85 /mo

Listing courtesy of: Michael Daly, Re/Max of Chico

Assumed Rate

7.07%
7.15%

Principal & Interest

$2,407 /mo
$2,427 /mo

What's Special

FIREPLACE
DECK

You'll fall in love with this home located high above the commotion of town with it's abundance of amazing views! Sitting on just over an acre of land, giving you enough space from the neighbors, is this 2 bedroom 3 bathroom home with newly painted walls and ceilings and newer flooring throughout is just minutes from town in the Oroville foothills. The best part of this home is the large living room with it's ceiling tall fireplace, the picture windows that feels like the whole valley is at your fingertips and the access to the covered observation deck looking not just over the valley but a view of the coastal mountains and the Sutter Buttes. Need some extra space? There's two possibilities. 1. Downstairs is a partially framed basement that could be a bonus room and 2. There's an outbuilding that would make a great ADU with it's covered parking, multiple rooms and a bathroom area already prepped for your fixtures. Have a RV? There is a spot for RV parking with an electrical outlet and septic too. This home is a must for your list of homes to see.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
7.07
Remaining Loan Term
28 years, 6 months
Monthly PITI
$2,811.85/mo
Estimated Loan Balance
$356,623
Cash to close
$43,891
Interest Paid
$37,834

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: WoodSiding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Insert, LivingRoom, WoodBurningStove
  • Flooring: Laminate, Tile

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: SepticTypeUnknown
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Ranch
Materials
  • WoodSiding
  • Roof: Composition
Condition
  • Year Built: 1975
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Foothills, Fishing, Golf, Hiking, HorseTrails, Hunting, Lake, WaterSports
HOA
  • Has HOA: No
Location
  • Region: Oroville

Financial Details

  • Price per Sqft: $243.99
  • Tax Annual Amount: $
  • On Market Date: 2024-04-24T00:00:00.000Z
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 $43,891 (11%)
You can enter any amount below - secondary financing will cover the difference if needed.
11%
$

You cover the entire equity of $43,891!

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

Loan Breakdown

Assumed Mortgage7.07% Sellers Rate
$356,009
Your Cash$43,891
Total Purchase Price:$399,900

Assumed vs Traditional Mortgage

Assumed @ 7.07%
$2,407/mo
Traditional @ 7.5%
$2,517/mo
You save $110/month ($1,318/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SN24081749

Listing From:

Last updated: 2024-09-09T18:47:28.000Z

© , 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

7.07%
7.15%

Principal & Interest

$2,407 /mo
$2,427 /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 $43,891 (11%)
You can enter any amount below - secondary financing will cover the difference if needed.
11%
$

You cover the entire equity of $43,891!

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

Loan Breakdown

Assumed Mortgage7.07% Sellers Rate
$356,009
Your Cash$43,891
Total Purchase Price:$399,900

Assumed vs Traditional Mortgage

Assumed @ 7.07%
$2,407/mo
Traditional @ 7.5%
$2,517/mo
You save $110/month ($1,318/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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