$1,549,000
($1,202,730 down)695 Alamo Drive, Morgan Hill, CA 95037
PITI Monthly
Listing courtesy of: John Wunderlich, Wunderlich Realty
Assumed Rate
5.55%
7.15%Principal & Interest
$2,725 /mo
$3,224 /moWhat's Special
Rare Opportunity To Own A 2,670sf Home On A HUGE Cul-De-Sac Lot! With five big bedrooms, three full baths, and a three-car garage - you wont run out of space. But if you do, the MASSIVE back and side yards provide potential for an ADU (or two?). Gorgeous remodeled kitchen with granite counter, tons of cabinet space, and high-quality KitchenAid appliances. Remodeled downstairs bathroom can be attached to adjacent bedroom for a second suite. Close to the popular Paradise Engineering Academy Elementary and Ann Sobrato High public schools and the prestigious Oakwood K-12 private school. Quiet cul-de-sac location just minutes to 101 for work with hiking, biking, golf courses, and wine country nearby for play. Come see why life is better in Morgan Hill with its vibrant downtown and endless outdoor activities!
Assumption Snapshot
Type of Loan
FHA
Interest Rate
5.55
Remaining Loan Term
16 years, 0 months
Monthly PITI
$4,976.75/mo
Estimated Loan Balance
$437,970
Cash to close
$1,202,730
Interest Paid
$326,781
Facts & Features
Interior
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
Cooling & Heating
- Cooling: None
- Heating: Unknown
Features
- Materials: Unknown
- Community: Unknown
- Has Fireplace: Yes
- Fireplace Features: FamilyRoom, WoodBurning
- Flooring: Laminate
Exterior
Fencing
- Fencing: Wood
Roof
- Roof: Tile
Parking
- Garage: Yes
- Garage Spaces: 2
- Carport: No
- Carport Spaces:
Water
- Sewer: PublicSewer
- Water Source: Public
Pool
- Has Pool: No
- Pool Features: Unknown
Construction
Type & Style
- Stories: 2
- Home type: SingleFamilyResidence
- Architectural Style: Unknown
Materials
- Unknown
- Roof: Tile
Condition
- Year Built: 1977
Details
- Builder:
Community & HOA
Community
- Subdivision:
- Features: Unknown
HOA
- Has HOA: No
Location
- Region: Morgan Hill
Financial Details
- Price per Sqft: $580.15
- Tax Annual Amount: $19362.5
- On Market Date: 2025-03-17T00:00:00.000Z
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Fill out an application to explore financing options for assuming this loan.
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You cover the entire equity of $1,202,730!
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Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
MLS ID: ML81995448
Listing From:
Last updated: 2025-03-31T15:33:00.000Z
© , 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
5.55%
7.15%Principal & Interest
$2,725 /mo
$3,224 /moInquire about this property
We will reach out to you with more details
Fill out an application to explore financing options for assuming this loan.
Apply nowSavings Calculator
You cover the entire equity of $1,202,730!
Enter a smaller amount if you prefer to use secondary financing.
Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
Follow Us
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000Resources
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