Laura Jewett

Laura Jewett

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Closed

$579,000

($242,873 down)
FHA

7056 Lanto Street, Commerce, CA 90040

3
3
1,346 sqft
PITI Monthly
$1,973.95 /mo

Listing courtesy of: Davi Nogueira, Compass

Assumed Rate

2.94%
7.15%

Principal & Interest

$1,546 /mo
$2,495 /mo

What's Special

FRESH PAINT
MINUTES AWAY
SHOPPING
ENTERTAINMENT
DINING
SPACIOUS
MOVE-IN READY

Located in a quiet and secure gated complex in Commerce, this 3-bedroom, 3-bathroom home is the perfect place to settle in and make your own. With fresh paint, brand-new laminate, and spacious rooms throughout, this home offers a clean slate for you to add your personal touches. This home is move-in ready with plenty of potential. Amenities are covered by the HOA, pool, spa, front yard gardener, and trash. This home is centrally located with quick access to major freeways, making commuting a breeze. The 5, 710, and 60 Freeways are just minutes away, putting you within easy reach of downtown Los Angeles, LAX, and Orange County. Plus, you'll find shopping, dining, and entertainment options nearby, with Citadel Outlets and Commerce Casino just a short drive away.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.94
Remaining Loan Term
25 years, 6 months
Monthly PITI
$1,973.95/mo
Estimated Loan Balance
$441,133
Cash to close
$242,873
Interest Paid
$46,532

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Gas
  • Flooring: Laminate

Exterior

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

Construction

Type & Style
  • Stories: 0
  • Home type: SingleFamilyResidence
  • Architectural Style: Colonial
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1986
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name:
  • HOA Amenities: Unknown
  • HOA Fee: $290
  • HOA Frequency: $Monthly
Location
  • Region: Commerce

Financial Details

  • Price per Sqft: $430.16
  • Tax Annual Amount: $
  • On Market Date: 2024-11-05T00:00:00.000Z
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 $242,873 (42%)
You can enter any amount below - secondary financing will cover the difference if needed.
42%
$

You cover the entire equity of $242,873!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$336,127
Your Cash$242,873
Total Purchase Price:$579,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$1,546/mo
Traditional @ 7.5%
$2,588/mo
You save $1,043/month ($12,511/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 24460161

Listing From:

Last updated: 2024-12-09T14:58:39.000Z

© , 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

2.94%
7.15%

Principal & Interest

$1,546 /mo
$2,495 /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 $242,873 (42%)
You can enter any amount below - secondary financing will cover the difference if needed.
42%
$

You cover the entire equity of $242,873!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$336,127
Your Cash$242,873
Total Purchase Price:$579,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$1,546/mo
Traditional @ 7.5%
$2,588/mo
You save $1,043/month ($12,511/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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