Laura Jewett

Laura Jewett

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$305,000

($54,082 down)
FHA

909 W 21st Street, Merced, CA 95340

2
1
1,025 sqft
PITI Monthly
$2,125.12 /mo

Listing courtesy of: Hector Garcia, BLVD Real Estate

Assumed Rate

5.41%
7.15%

Principal & Interest

$1,463 /mo
$1,757 /mo

What's Special

LOCATION
ENTERTAINMENT
MODERN
FIREPLACE
CHARMING
EFFICIENT
INCOME POTENTIAL
RENTAL INCOME

Charming bungalow craftsman home brimming with character, located in the heart of Merced at 909 W 21st Street. Built in 1920, this delightful residence offers a unique blend of vintage charm and modern convenience. Experience the timeless appeal of classic craftsman architecture, featuring distinctive details and a warm, inviting ambiance. Enjoy the convenience of prime location and being within walking distance of downtown Merced, with its shops, restaurants, and entertainment options. Stay comfortable year-round with the newly installed mini-split HVAC system, providing efficient heating and cooling as well as water softener and Osmosis water system. Gather around the fireplace on chilly evenings, creating a warm and inviting atmosphere. Expansive huge lot offers endless possibilities, including the potential to build an Accessory Dwelling Unit (ADU) with a private entrance, providing additional living space or rental income potential. This home exudes character and offers a unique living experience. While this home is cute and full of charm, it presents a fantastic opportunity for those with a vision to add their personal touch and TLC, making it truly their own. 909 W 21st Street presents a rare opportunity to own a piece of Merced's history. Don't miss out on this opportunity! Schedule a showing today to experience the charm and potential of 909 W 21st Street.

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Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.41
Remaining Loan Term
27 years, 5 months
Monthly PITI
$2,125.12/mo
Estimated Loan Balance
$251,576
Cash to close
$54,082
Interest Paid
$35,731

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: SeeRemarks
  • Heating: Combination, ForcedAir
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: WoodBurning
  • Flooring: Laminate, Wood

Exterior

Fencing
  • Fencing: Wood
Roof
  • Roof: Shingle
Parking
  • Garage: No
  • Garage Spaces: 0
  • 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
  • Unknown
  • Roof: Shingle
Condition
  • Year Built: 1920
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Biking, Curbs, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Merced

Financial Details

  • Price per Sqft: $297.56
  • Tax Annual Amount: $3812.5
  • On Market Date: 2025-02-22T00:00:00.000Z
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 $54,082 (18%)
You can enter any amount below - secondary financing will cover the difference if needed.
18%
$

You cover the entire equity of $54,082!

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

Loan Breakdown

Assumed Mortgage5.41% Sellers Rate
$250,918
Your Cash$54,082
Total Purchase Price:$305,000

Assumed vs Traditional Mortgage

Assumed @ 5.41%
$1,463/mo
Traditional @ 7.5%
$1,823/mo
You save $360/month ($4,322/year)

*Secondary financing rates are an estimated value based on input

MLS ID: MC25038242

Listing From:

Last updated: 2025-04-02T18:46:27.000Z

© , 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

5.41%
7.15%

Principal & Interest

$1,463 /mo
$1,757 /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 $54,082 (18%)
You can enter any amount below - secondary financing will cover the difference if needed.
18%
$

You cover the entire equity of $54,082!

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

Loan Breakdown

Assumed Mortgage5.41% Sellers Rate
$250,918
Your Cash$54,082
Total Purchase Price:$305,000

Assumed vs Traditional Mortgage

Assumed @ 5.41%
$1,463/mo
Traditional @ 7.5%
$1,823/mo
You save $360/month ($4,322/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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