Dan Kaercher

Dan Kaercher

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Closed

$699,000

($476,558 down)
FHA

1404 W 223rd Street, Torrance, CA 90501

2
2
1,165 sqft
PITI Monthly
$2,615.46 /mo

Listing courtesy of: Diana Francisco, 3 Leaf Realty Inc

Assumed Rate

3.89%
7.15%

Principal & Interest

$1,452 /mo
$2,082 /mo

What's Special

FRESH PAINT
DESIRED
SHOPPING
DINING
SPACIOUS
FIREPLACE
WALK-IN CLOSET
SEPARATE SHOWER
PATIO
COZY
SOLAR PANELS

BACK ON THE MARKET. Discover this spacious 2-bedroom, 2-bathroom corner residence, boasting 1165 square feet of living space and loads of privacy. Recently enhanced with fresh paint and updated flooring, this inviting home promises comfort, versatility, and style throughout. Step inside to find a welcoming living room, complete with a cozy fireplace, setting the stage for relaxation and warmth. The kitchen, with its delightful charm, offers the option of a dining area, while the living room provides additional flexibility for your preferred setup. The large primary bedroom boasts its own bathroom and two large walk-in closets, while the second bedroom also offers ample space and a deep closet. The guest bathroom is quite large with a separate shower and bathtub layout. With its generous square footage, this home presents the exciting potential for expansion, accommodating a third bedroom or additional living space as desired. Adjacent to the kitchen, a generously sized laundry/utility area with ample storage leads to the outdoor covered patio, providing an ideal spot for outdoor dining or enjoying morning coffee amidst the tranquility of the expansive backyard. 2 entrances to the backyard, electric sliding gate and front carport lead to plenty of parking, including RV access and 220 amp electric outlets for hookups...the possibilities for outdoor activities are endless. Solar panels 100% paid off, all new PVC sewer/drain lines, all new copper water lines throughout and water heater. Outside, a detached large garage with an additional bonus room connected to plumbing offers versatility and convenience for various uses. Situated near Del Amo shopping center, a plethora of dining options, hospitals, and parks, this home epitomizes the best of Torrance PO living. Plus, easy access to the pristine beaches of the South Bay. Don't miss the chance to make this beautiful property your own! Sellers are open to credit for rate buy down.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.89
Remaining Loan Term
17 years, 1 months
Monthly PITI
$2,615.46/mo
Estimated Loan Balance
$273,171
Cash to close
$476,558
Interest Paid
$134,092

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: Brick
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1955
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Suburban
HOA
  • Has HOA: No
Location
  • Region: Torrance

Financial Details

  • Price per Sqft: $600
  • Tax Annual Amount: $8737.5
  • On Market Date: 2024-06-07T00:00:00.000Z
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 $476,558 (68%)
You can enter any amount below - secondary financing will cover the difference if needed.
68%
$

You cover the entire equity of $476,558!

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

Loan Breakdown

Assumed Mortgage3.89% Sellers Rate
$222,442
Your Cash:$476,558
Total Purchase Price:$699,000

Assumed vs Traditional Mortgage

Assumed @ 3.89%
$1,452/mo
Traditional @ 7.5%
$2,160/mo
You save $708/month ($8,490/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SB24108960

Listing From:

Last updated: 2024-11-24T00:44:08.000Z

© , 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

3.89%
7.15%

Principal & Interest

$1,452 /mo
$2,082 /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 $476,558 (68%)
You can enter any amount below - secondary financing will cover the difference if needed.
68%
$

You cover the entire equity of $476,558!

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

Loan Breakdown

Assumed Mortgage3.89% Sellers Rate
$222,442
Your Cash:$476,558
Total Purchase Price:$699,000

Assumed vs Traditional Mortgage

Assumed @ 3.89%
$1,452/mo
Traditional @ 7.5%
$2,160/mo
You save $708/month ($8,490/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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