Laura Jewett

Laura Jewett

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Closed

$339,500

($20,303 down)
FHA

740 Sixth Street, Lakeport, CA 95453

3
2
1,251 sqft
PITI Monthly
$2,411.24 /mo

Listing courtesy of: Colleen Henninger, City Center Realty

Assumed Rate

6.43%
7.15%

Principal & Interest

$2,032 /mo
$2,187 /mo

What's Special

CHARMING
COZY
EFFICIENT

Charming 2 bedroom 1bath home with detached in-law studio. Discover comfort and convenience in this inviting home. This residence offers a cozy atmosphere perfect for a small family or couple. The well appointed kitchen features updated appliances and the living room provides a great space for relaxation. The home has a wonderful outdoor space to enjoy your summer BBQ's and entertaining guest. Located right downtown within walking distance to our new lakefront park. The detached studio is ideal for an individual or the in laws. This stylish minimalist unit has everything you need for comfort. Its filled with natural light, creating a warm and inviting ambiance. You'll appreciate the compact yet efficient layout. Both properties are located on the same lot providing multi-generational living or have your favorite friend live close by. Don't miss out on these charming homes!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.43
Remaining Loan Term
28 years, 3 months
Monthly PITI
$2,411.24/mo
Estimated Loan Balance
$322,015
Cash to close
$20,303
Interest Paid
$36,092

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Ductless
  • Heating: Combination, Ductless
Features
  • Materials: WoodSiding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Laminate, Vinyl

Exterior

Fencing
  • Fencing: Wood
Roof
  • Roof: Composition
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: Bungalow
Materials
  • WoodSiding
  • Roof: Composition
Condition
  • Year Built: 1959
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Biking, DogPark, Fishing, Hiking, Lake, Rural, WaterSports, Park
HOA
  • Has HOA: No
Location
  • Region: Lakeport

Financial Details

  • Price per Sqft: $271.38
  • Tax Annual Amount: $
  • On Market Date: 2024-10-06T00:00:00.000Z
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 $20,303 (6%)
You can enter any amount below - secondary financing will cover the difference if needed.
6%
$

You cover the entire equity of $20,303!

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

Loan Breakdown

Assumed Mortgage6.43% Sellers Rate
$319,197
Your Cash$20,303
Total Purchase Price:$339,500

Assumed vs Traditional Mortgage

Assumed @ 6.43%
$2,032/mo
Traditional @ 7.5%
$2,269/mo
You save $237/month ($2,841/year)

*Secondary financing rates are an estimated value based on input

MLS ID: LC24194087

Listing From:

Last updated: 2025-01-14T01:48:11.000Z

© , 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

$2,032 /mo
$2,187 /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 $20,303 (6%)
You can enter any amount below - secondary financing will cover the difference if needed.
6%
$

You cover the entire equity of $20,303!

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

Loan Breakdown

Assumed Mortgage6.43% Sellers Rate
$319,197
Your Cash$20,303
Total Purchase Price:$339,500

Assumed vs Traditional Mortgage

Assumed @ 6.43%
$2,032/mo
Traditional @ 7.5%
$2,269/mo
You save $237/month ($2,841/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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