Laura Jewett

Laura Jewett

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Closed

$770,000

($0 down)*
VA

Potential short sale please verify with your agent.

7860 Michigan Ave, Oakland, CA 94605

3
2
1,874 sqft
PITI Monthly
$4,168.4 /mo

Listing courtesy of: Kerri Naslund-Monday, KW Advisors East Bay

Assumed Rate

2.76%
7.15%

Principal & Interest

$3,952 /mo
$6,529 /mo

What's Special

SHOPPING
DINING
HARDWOOD FLOORS
DOUBLE VANITY
PATIO
BALCONY
SOLAR PANELS

APPROVED SHORT SALE Prepare to have your socks knocked off by the incredible views and abundant natural light that grace every corner of this 3 bedroom, 2.5 bathroom sanctuary of chic! Shimmering hardwood floors throughout, open-concept living room, dining room and the kitchen strategically placed between the front porch and back patio. All setting the stage for easy breezy, flowing family gatherings and soirées with your squad. The palatial primary suite is truly heaven, not one but two closets for storing your fabulous wardrobe, a luxurious jetted bathtub, a standalone shower, double vanity sinks, sitting area and its very own balcony including that view. Let's talk parking! With ample space directly in front of the home, plus room for 2-3 cars in the driveway, and an attached 2 car garage with interior access, you'll never have to worry about finding a spot for all of your rides. Oh, and did I mention the cherry on top? Solar panels on the roof to give that you a break from soaring electric bills! Nearby 580 Freeway and Highway 13, you're just moments away from all the dining, grocery shopping, and excitement your heart desires. Get ready to live your best life at 7860 Michigan Ave!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.76
Remaining Loan Term
26 years, 6 months
Monthly PITI
$4,168.4/mo
Estimated Loan Balance
$907,553
Cash to close
$0
Interest Paid
$89,857

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: None
  • Heating: ForcedAir
Features
  • Materials: WoodSiding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Gas
  • Flooring: Tile, Wood

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories:
  • Home type: SingleFamilyResidence
  • Architectural Style: Traditional
Materials
  • WoodSiding
  • Roof: Unknown
Condition
  • Year Built: 1950
Details
  • Builder:

Community & HOA

Community
  • Subdivision: EASTMONT HILLS
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Oakland

Financial Details

  • Price per Sqft: $410.89
  • Tax Annual Amount: $
  • On Market Date: 2024-04-25T00:00:00.000Z
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 $0 (0%)
You can enter any amount below - secondary financing will cover the difference if needed.
0%
$

You cover the entire equity of $0!

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

Loan Breakdown

Assumed Mortgage2.76% Sellers Rate
$770,000
Your Cash$0
Total Purchase Price:$770,000

Assumed vs Traditional Mortgage

Assumed @ 2.76%
$3,952/mo
Traditional @ 7.5%
$6,773/mo
You save $2,821/month ($33,853/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 41057409

Listing From:

Last updated: 2024-12-05T05:25:10.000Z

© , 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

2.76%
7.15%

Principal & Interest

$3,952 /mo
$6,529 /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 $0 (0%)
You can enter any amount below - secondary financing will cover the difference if needed.
0%
$

You cover the entire equity of $0!

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

Loan Breakdown

Assumed Mortgage2.76% Sellers Rate
$770,000
Your Cash$0
Total Purchase Price:$770,000

Assumed vs Traditional Mortgage

Assumed @ 2.76%
$3,952/mo
Traditional @ 7.5%
$6,773/mo
You save $2,821/month ($33,853/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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