Laura Jewett

Laura Jewett

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Closed

$929,000

($378,928 down)
VA

640 W Lexington Drive, Glendale, CA 91203

2
1
1,036 sqft
PITI Monthly
$3,017.67 /mo

Listing courtesy of: Gabriela Venegas, Keller Williams North Valley

Assumed Rate

3.64%
7.15%

Principal & Interest

$2,801 /mo
$4,141 /mo

What's Special

LOCATION
SPACIOUS
MODERN
HARDWOOD FLOORS
FIREPLACE

Nestled in Glendale's sought-after Vineyard District, this well loved 2 bedroom/1 bathroom 1921 Craftsman is perfect for buyers looking for a unique home with endless charm. Featuring an additional den/office space that can easily serve as a 3rd bedroom, this home offers a versatile layout that can adapt to your needs. Enjoy special touches like original hardwood floors throughout, vintage door knobs, terra cotta tile flooring in the kitchen, and a vintage decorative fireplace, while having the modern conveniences of central AC and heating, newer stove with tile backsplash and counters, newer sink and dishwasher, and dual-pane windows. The spacious bathroom features a newer vanity and ample storage. One of the most notable features of this home is the paid-off solar panel system, which dramatically reduces electricity costs. Step outside to discover the private and fenced-in side yard—perfect for entertaining or relaxing in your own outdoor oasis. The detached 1-car garage has endless uses, even junior ADU/work studio potential. The curb appeal is enhanced with low maintenance drought-tolerant landscaping, as well as the beautiful and tranquil front porch. Just minutes from some of Glendale’s best attractions, you'll be only a short drive from The Americana at Brand, Glendale Galleria, and iconic local spots like Porto’s Bakery and Golden Road Brewing. With a high walkscore of 75, as well as easy access to the 5 and 134 Freeways, this location cannot be beat!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.64
Remaining Loan Term
24 years, 6 months
Monthly PITI
$3,017.67/mo
Estimated Loan Balance
$561,210
Cash to close
$378,928
Interest Paid
$116,191

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Decorative
  • Flooring: Carpet, Wood

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Craftsman
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1921
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: StreetLights, Suburban, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Glendale

Financial Details

  • Price per Sqft: $896.72
  • Tax Annual Amount: $11612.5
  • On Market Date: 2024-11-08T00:00:00.000Z
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 $378,928 (41%)
You can enter any amount below - secondary financing will cover the difference if needed.
41%
$

You cover the entire equity of $378,928!

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

Loan Breakdown

Assumed Mortgage3.64% Sellers Rate
$550,072
Your Cash$378,928
Total Purchase Price:$929,000

Assumed vs Traditional Mortgage

Assumed @ 3.64%
$2,801/mo
Traditional @ 7.5%
$4,295/mo
You save $1,494/month ($17,927/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SR24228898

Listing From:

Last updated: 2025-01-30T20:40:37.000Z

© , 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

3.64%
7.15%

Principal & Interest

$2,801 /mo
$4,141 /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 $378,928 (41%)
You can enter any amount below - secondary financing will cover the difference if needed.
41%
$

You cover the entire equity of $378,928!

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

Loan Breakdown

Assumed Mortgage3.64% Sellers Rate
$550,072
Your Cash$378,928
Total Purchase Price:$929,000

Assumed vs Traditional Mortgage

Assumed @ 3.64%
$2,801/mo
Traditional @ 7.5%
$4,295/mo
You save $1,494/month ($17,927/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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