Laura Jewett

Laura Jewett

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Closed

$398,000

($21,887 down)
FHA

733 Veronica Court, Merced, CA 95341

4
2
1,515 sqft
PITI Monthly
$3,223.13 /mo

Listing courtesy of: Ali Talab, Alliance Bay Realty

Assumed Rate

6.43%
7.15%

Principal & Interest

$2,397 /mo
$2,580 /mo

What's Special

DINING
SPACIOUS
MODERN
FIREPLACE
CHARMING
COZY

Welcome to this charming 4-bedroom, 2-bathroom home located in the vibrant city of Merced. Spanning over 1,515 square feet, this residence offers a well-designed layout that emphasizes comfort and convenience. The heart of the home is the spacious kitchen, featuring modern appliances including a dishwasher, garbage disposal, microwave, built-in oven range with gas stovetop, and refrigerator. The kitchen seamlessly flows into the family room, creating an ideal space for gatherings. The home boasts a blend of carpet and laminate flooring, providing both durability and style. Cozy up by the fireplace during cooler evenings, adding warmth and ambiance to the living space. For your laundry needs, a washer and dryer are conveniently included. The dining area offers flexibility with options in both the dining area and family room. Additional amenities include central AC and central forced air heating, ensuring year-round comfort. Situated on a minimum lot size of 5,500 square feet, this home resides within the Weaver Union Elementary School District. With an attached 2-car garage, this property combines practicality with a welcoming atmosphere, making it an ideal choice for your next home. BUY AS AN INVESTMERNMT: WITH 30% DOWNPAYMENT/ BREAK EVEN & ENJOY EQUITY & APPRECIATION VALUE.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.43
Remaining Loan Term
28 years, 3 months
Monthly PITI
$3,223.13/mo
Estimated Loan Balance
$408,363
Cash to close
$21,887
Interest Paid
$42,571

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Laminate

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Shingle
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:
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Shingle
Condition
  • Year Built: 2023
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Merced

Financial Details

  • Price per Sqft: $262.71
  • Tax Annual Amount: $4875
  • On Market Date: 2024-10-06T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $21,887 (5%)
You can enter any amount below - secondary financing will cover the difference if needed.
5%
$

You cover the entire equity of $21,887!

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

Loan Breakdown

Assumed Mortgage6.43% Sellers Rate
$376,113
Your Cash$21,887
Total Purchase Price:$398,000

Assumed vs Traditional Mortgage

Assumed @ 6.43%
$2,397/mo
Traditional @ 7.5%
$2,676/mo
You save $279/month ($3,351/year)

*Secondary financing rates are an estimated value based on input

MLS ID: ML81982867

Listing From:

Last updated: 2025-01-01T22:12:02.000Z

© , 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

6.43%
7.15%

Principal & Interest

$2,397 /mo
$2,580 /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 $21,887 (5%)
You can enter any amount below - secondary financing will cover the difference if needed.
5%
$

You cover the entire equity of $21,887!

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

Loan Breakdown

Assumed Mortgage6.43% Sellers Rate
$376,113
Your Cash$21,887
Total Purchase Price:$398,000

Assumed vs Traditional Mortgage

Assumed @ 6.43%
$2,397/mo
Traditional @ 7.5%
$2,676/mo
You save $279/month ($3,351/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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