Laura Jewett

Laura Jewett

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Closed

$479,000

($98,166 down)
VA

820 Fourth Street, Lakeport, CA 95453

4
3
1,900 sqft
PITI Monthly
$1,958.15 /mo

Listing courtesy of: Cerra Hinchcliff, Luxe Places International Realty

Assumed Rate

3.16%
7.15%

Principal & Interest

$1,791 /mo
$2,812 /mo

What's Special

SPACIOUS
MODERN
CUSTOM BUILT
GRANITE COUNTERTOPS
FIREPLACE
VAULTED CEILINGS
WALK-IN CLOSET
DECK
PLAYGROUND
CHARMING

Bright fusion of 1940s charm and modern upgrades in this single-level, 4-bedroom/3-bath cottage situated at the top of Fourth Street in downtown Lakeport. Set on just over half an acre of mature oak tree studded property, this beautiful redwood siding wrapped home features original refinished hardwood flooring and vaulted ceilings in the living room, a charming brick wood-burning fireplace, custom built-in bookshelves and abundant natural light. The kitchen has updated granite countertops and tile backsplash, durable terracotta tile flooring, propane stove, and a spacious pantry. The newer addition (2009?) created a split-bedroom floor plan with the primary bedroom & bathroom on one side of the home, 3 bedrooms on the other and the common areas in the center. The primary bedroom has a large walk-in closet and vaulted ceiling, access to the deck, and a propane fireplace. The bathroom has two sinks, granite countertops and a large walk-in tiled shower. Additional modern upgrades include, mini-splits, tankless hot water heater, Tesla charging battery station, dual pane windows/sliding glass doors, and outdoor retaining wall. There is an additional attic space (approx. 500 sqft) accessed from the center of the home with subflooring and electrical already installed. Step out onto the large redwood deck overlooking the tranquil fully fenced backyard with a chicken coop & playground. To the left you'll find the detached garage with updated laundry room and additional space the current owners used as an office. Behind the garage is a 20'x20' shop with barn door that was previously used as a Crossfit gym but could be used for another bedroom or rental. This property has so much potential and unique features, it's truly a must-see. Within walking distance to downtown and in a friendly neighborhood. Schedule a tour today and fall in love with 820 Fourth Street.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.16
Remaining Loan Term
25 years, 5 months
Monthly PITI
$1,958.15/mo
Estimated Loan Balance
$381,621
Cash to close
$98,166
Interest Paid
$57,452

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central, Fireplaces, Propane
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: PrimaryBedroom, Propane
  • Flooring: Tile, Wood

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: SeeRemarks, Well
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Cottage
Materials
  • Unknown
  • Roof: Composition
Condition
  • Year Built: 1946
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Biking, Curbs, DogPark, Fishing, Golf, Gutters, Hiking, Lake, Mountainous, Rural, StreetLights, Sidewalks, WaterSports, Park
HOA
  • Has HOA: No
Location
  • Region: Lakeport

Financial Details

  • Price per Sqft: $252.11
  • Tax Annual Amount: $
  • On Market Date: 2024-08-16T00:00:00.000Z
Inquire about this property

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Apply to Assume

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Savings Calculator

Current cash to close is $98,166 (20%)
You can enter any amount below - secondary financing will cover the difference if needed.
20%
$

You cover the entire equity of $98,166!

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

Loan Breakdown

Assumed Mortgage3.16% Sellers Rate
$380,834
Your Cash$98,166
Total Purchase Price:$479,000

Assumed vs Traditional Mortgage

Assumed @ 3.16%
$1,791/mo
Traditional @ 7.5%
$2,917/mo
You save $1,125/month ($13,505/year)

*Secondary financing rates are an estimated value based on input

MLS ID: LC24169848

Listing From:

Last updated: 2024-12-05T00:24:34.000Z

© , 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

3.16%
7.15%

Principal & Interest

$1,791 /mo
$2,812 /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 $98,166 (20%)
You can enter any amount below - secondary financing will cover the difference if needed.
20%
$

You cover the entire equity of $98,166!

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

Loan Breakdown

Assumed Mortgage3.16% Sellers Rate
$380,834
Your Cash$98,166
Total Purchase Price:$479,000

Assumed vs Traditional Mortgage

Assumed @ 3.16%
$1,791/mo
Traditional @ 7.5%
$2,917/mo
You save $1,125/month ($13,505/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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