Laura Jewett

Laura Jewett

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Closed

$420,000

($144,711 down)
FHA

7 Hemming Lane, Chico, CA 95973

3
3
1,286 sqft
PITI Monthly
$1,764.74 /mo

Listing courtesy of: Emmett Jacobi, Century 21 Select Real Estate, Inc.

Assumed Rate

3.7%
7.15%

Principal & Interest

$1,399 /mo
$2,053 /mo

What's Special

SHOPPING
ENTERTAINMENT
LUXURY
STAINLESS STEEL APPLIANCES
FIREPLACE

Don't miss this TURN KEY home located at the end of a quiet cul-du-sac, a block away from the new Rotary Centennial Park, close to schools, shopping, restaurants, the movie theater and more. As you approach the property, you are greeted by a private, fenced in courtyard and sitting area. Inside, the downstairs is the living / entertainment level, and upstairs are the 3 bedrooms and 2 bathrooms. Downstairs, there is new luxury vinyl plank flooring, crown molding throughout, tall ceilings in the living room, gas fireplace, the kitchen has been upgraded with corian countertops, glass backsplash, and stainless steel appliances. The furnace was just replaced last year and the windows were all upgraded 3 years ago and there are plantation shutters throughout. The downstairs bathroom was also the laundry room, the owner changed the plumbing and moved the laundry room out to the garage, it could be easily moved back into the bathroom. Outside there is a great back yard area to be able to relax and enjoy.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.7
Remaining Loan Term
24 years, 9 months
Monthly PITI
$1,764.74/mo
Estimated Loan Balance
$275,838
Cash to close
$144,711
Interest Paid
$56,093

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Drywall, Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Gas, LivingRoom
  • Flooring: Carpet, Laminate, Vinyl

Exterior

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

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Drywall, Stucco
  • Roof: Composition
Condition
  • Year Built: 1987
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Biking, Gutters, StormDrains, StreetLights, Sidewalks, Park
HOA
  • Has HOA: No
Location
  • Region: Chico

Financial Details

  • Price per Sqft: $326.59
  • Tax Annual Amount: $
  • On Market Date: 2024-10-22T00:00:00.000Z
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 $144,711 (34%)
You can enter any amount below - secondary financing will cover the difference if needed.
34%
$

You cover the entire equity of $144,711!

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

Loan Breakdown

Assumed Mortgage3.7% Sellers Rate
$275,289
Your Cash$144,711
Total Purchase Price:$420,000

Assumed vs Traditional Mortgage

Assumed @ 3.7%
$1,399/mo
Traditional @ 7.5%
$2,130/mo
You save $731/month ($8,767/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SN24218252

Listing From:

Last updated: 2024-11-27T17:50:32.000Z

© , 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

3.7%
7.15%

Principal & Interest

$1,399 /mo
$2,053 /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 $144,711 (34%)
You can enter any amount below - secondary financing will cover the difference if needed.
34%
$

You cover the entire equity of $144,711!

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

Loan Breakdown

Assumed Mortgage3.7% Sellers Rate
$275,289
Your Cash$144,711
Total Purchase Price:$420,000

Assumed vs Traditional Mortgage

Assumed @ 3.7%
$1,399/mo
Traditional @ 7.5%
$2,130/mo
You save $731/month ($8,767/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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