Dan Kaercher

Dan Kaercher

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$789,000

($244,288 down)
FHA

1315 Cypress Court, Gilroy, CA 95020

2
2
1,302 sqft
PITI Monthly
$5,049.77 /mo

Listing courtesy of: Ali DeStasio, Compass

Assumed Rate

7.2%
7.15%

Principal & Interest

$3,747 /mo
$3,728 /mo

What's Special

LOCATION
SHOPPING
DINING
MODERN
CHARMING
COZY

Welcome to 1315 Cypress Ct. in Village Oaks, a charming 62+ community. This single-family home, nestled in the heart of Gilroy, offers a perfect blend of comfort and convenience with its thoughtful layout and inviting atmosphere. Modern features include solar and ring doorbell system. This cozy 2-bedroom, 2-bathroom home is all about easy living and comfort, set in a beautifully tree-lined area with a peaceful vibe. Enjoy front porch views of the lush hills and a shady backyard perfect for relaxation. Inside, the open layout feels fresh and inviting, ideal for relaxing or hosting friends. The two-car garage provides ample parking. The open floor plan seamlessly connects the living space with the dining area, making it ideal for entertaining guests. The home boasts two bedrooms, each offering a peaceful retreat with abundant natural light. The primary bedroom includes an ensuite bathroom with a heated sauna and jetted tub. The second bedroom is generously sized with easy access to hall bath. Located in a vibrant community, this property offers easy access to local amenities, shopping, dining and recreational opportunities. With its desirable location and charming features, 1315 Cypress Ct. is a wonderful place to call home.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
7.2
Remaining Loan Term
28 years, 7 months
Monthly PITI
$5,049.77/mo
Estimated Loan Balance
$545,661
Cash to close
$244,288
Interest Paid
$55,938

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Community

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Tile
Condition
  • Year Built: 2005
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Pool
HOA
  • Has HOA: Yes
  • HOA Name: Valley Oaks HOA
  • HOA Amenities: Unknown
  • HOA Fee: $163
  • HOA Frequency: $Monthly
Location
  • Region: Gilroy

Financial Details

  • Price per Sqft: $605.99
  • Tax Annual Amount: $9862.5
  • On Market Date: 2025-03-07T00:00:00.000Z
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 $244,288 (31%)
You can enter any amount below - secondary financing will cover the difference if needed.
31%
$

You cover the entire equity of $244,288!

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

Loan Breakdown

Assumed Mortgage7.2% Sellers Rate
$544,712
Your Cash$244,288
Total Purchase Price:$789,000

Assumed vs Traditional Mortgage

Assumed @ 7.2%
$3,747/mo
Traditional @ 7.5%
$3,867/mo
You save $120/month ($1,444/year)

*Secondary financing rates are an estimated value based on input

MLS ID: ML81996928

Listing From:

Last updated: 2025-04-03T17:58:59.000Z

© , 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

7.2%
7.15%

Principal & Interest

$3,747 /mo
$3,728 /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 $244,288 (31%)
You can enter any amount below - secondary financing will cover the difference if needed.
31%
$

You cover the entire equity of $244,288!

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

Loan Breakdown

Assumed Mortgage7.2% Sellers Rate
$544,712
Your Cash$244,288
Total Purchase Price:$789,000

Assumed vs Traditional Mortgage

Assumed @ 7.2%
$3,747/mo
Traditional @ 7.5%
$3,867/mo
You save $120/month ($1,444/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Your Home Sold Guaranteed Realty
Agent/Broker
Dan KaercherYour Home Sold Guaranteed Realty(480) 202-1789Dankaercher@state48livin.comMLS SA677983000

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