Laura Jewett

Laura Jewett

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$479,000

($25,163 down)
FHA

62420 Railroad Street, San Ardo, CA 93450

3
2
1,299 sqft
PITI Monthly
$3,983.8 /mo

Listing courtesy of: Teresa De J Gonzales, Berkshire Hathaway HS Real Time Realty

Assumed Rate

6.86%
7.15%

Principal & Interest

$2,995 /mo
$3,084 /mo

What's Special

SPACIOUS
SHORT COMMUTE
CHARMING

Welcome to your new home in San Ardo! This charming property boasts 1,299 square feet of living space and is situated on a generous 10,454 square foot corner lot. The residence features 3 bedrooms and 2 full bathrooms, plus and additional loft, perfect for a family or for hosting guests. Kitchen/family room combo layout with abundant natural light. This property is conveniently located within short commutes to main cities in both Monterey and San Luis Obispo counties. Make this private, charming and spacious property yours!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.86
Remaining Loan Term
29 years, 3 months
Monthly PITI
$3,983.8/mo
Estimated Loan Balance
$454,631
Cash to close
$25,163
Interest Paid
$23,411

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Shingle
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: Shingle
Condition
  • Year Built: 1936
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: San Ardo

Financial Details

  • Price per Sqft: $368.75
  • Tax Annual Amount: $5987.5
  • On Market Date: 2025-01-21T00:00:00.000Z
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 $25,163 (5%)
You can enter any amount below - secondary financing will cover the difference if needed.
5%
$

You cover the entire equity of $25,163!

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

Loan Breakdown

Assumed Mortgage6.86% Sellers Rate
$453,837
Your Cash$25,163
Total Purchase Price:$479,000

Assumed vs Traditional Mortgage

Assumed @ 6.86%
$2,995/mo
Traditional @ 7.5%
$3,085/mo
You save $90/month ($1,077/year)

*Secondary financing rates are an estimated value based on input

MLS ID: ML81991219

Listing From:

Last updated: 2025-02-09T13:46:44.000Z

© , 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

6.86%
7.15%

Principal & Interest

$2,995 /mo
$3,084 /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 $25,163 (5%)
You can enter any amount below - secondary financing will cover the difference if needed.
5%
$

You cover the entire equity of $25,163!

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

Loan Breakdown

Assumed Mortgage6.86% Sellers Rate
$453,837
Your Cash$25,163
Total Purchase Price:$479,000

Assumed vs Traditional Mortgage

Assumed @ 6.86%
$2,995/mo
Traditional @ 7.5%
$3,085/mo
You save $90/month ($1,077/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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