Laura Jewett

Laura Jewett

Property SearchContact
primary-1
primary-2primary-3
Closed

$899,000

($663,200 down)
FHA

9716 Felton Avenue, Inglewood, CA 90301

5
2
2,093 sqft
PITI Monthly
$2,589.27 /mo

Listing courtesy of: Todd Miller, KW Advisors

Assumed Rate

6.5%
7.15%

Principal & Interest

$2,134 /mo
$2,280 /mo

What's Special

DINING
FIREPLACE
DECK

Big Fixer - Bring your contractors - Two Detached Craftsman Homes and a Detached Garage that could be converted into an ADU! Both homes will be delivered vacant! This is an amazing opportunity to update two cool Craftsman homes and generate high rents or remodel the homes and create your own family compound or live in the front home and rent out the back home to help pay your mortgage! The front home is 3-bedrooms & 1-bathroom, with about 1300sf and is full of light, fireplace and picture windows looking out to the front yard. With a formal dining room, a cute kitchen and the primary bedroom with glass doors that open to a back deck and private yard. The back home is 2-bedrooms & 1-bathroom with about 800sf. It has its own laundry room and its own yard. The detached garage could be a 3rd unit/ADU! The huge 8875sf lot leaves room for future expansion. Amazing opportunity! Located on a quiet street surrounded by shops & restaurants!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.5
Remaining Loan Term
13 years, 8 months
Monthly PITI
$2,589.27/mo
Estimated Loan Balance
$265,736
Cash to close
$663,200
Interest Paid
$312,096

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 2
Cooling & Heating
  • Cooling: None
  • Heating: WallFurnace
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Wood

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type:
  • Architectural Style: Craftsman
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1938
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Inglewood

Financial Details

  • Price per Sqft: $429.53
  • Tax Annual Amount: $
  • On Market Date: 2024-10-25T00:00:00.000Z
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 $663,200 (74%)
You can enter any amount below - secondary financing will cover the difference if needed.
74%
$

You cover the entire equity of $663,200!

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

Loan Breakdown

Assumed Mortgage6.5% Sellers Rate
$235,800
Your Cash:$663,200
Total Purchase Price:$899,000

Assumed vs Traditional Mortgage

Assumed @ 6.5%
$2,134/mo
Traditional @ 7.5%
$2,365/mo
You save $231/month ($2,775/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 24456933

Listing From:

Last updated: 2024-12-19T05:47:25.000Z

© , 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

6.5%
7.15%

Principal & Interest

$2,134 /mo
$2,280 /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 $663,200 (74%)
You can enter any amount below - secondary financing will cover the difference if needed.
74%
$

You cover the entire equity of $663,200!

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

Loan Breakdown

Assumed Mortgage6.5% Sellers Rate
$235,800
Your Cash:$663,200
Total Purchase Price:$899,000

Assumed vs Traditional Mortgage

Assumed @ 6.5%
$2,134/mo
Traditional @ 7.5%
$2,365/mo
You save $231/month ($2,775/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

Powered By UMe.

© 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.

equal-housing

© is committed to and abides by the Fair Housing Act of Equal Opportunity.