Dan Kaercher

Dan Kaercher

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Closed

$449,000

($128,569 down)
FHA

161 Sullivan Drive, Merced, CA 95348

5
3
1,919 sqft
PITI Monthly
$2,298.19 /mo

Listing courtesy of: Kaden Rocha, S.A. Jones Land Company

Assumed Rate

2.9%
7.15%

Principal & Interest

$1,436 /mo
$2,330 /mo

What's Special

SHOPPING
SPACIOUS
MODERN
GRANITE COUNTERTOPS
STAINLESS STEEL APPLIANCES
MASTER SUITE
CHARMING
SOLAR PANELS

Welcome to 161 Sullivan Dr... A Charming 5-Bedroom 2.5 bathroom Corner Lot Home with Views in Merced. This spacious home, perfectly nestled in the Bellevue Ranch in North Merced has 1919 sq ft of living space and a 3778 sq ft lot, this 2-story gem offers comfort, convenience, and a gorgeous view. All five bedrooms are thoughtfully located upstairs for optimal privacy, making it the ideal layout for families or those looking for extra space. The kitchen is a chef’s dream, equipped with sleek stainless steel appliances, granite countertops, and a modern stainless steel sink. The master suite is a true retreat, featuring dual sinks and plenty of space to relax. This home is loaded with must-have features, including a long 2-car garage, dual air conditioning to keep you cool year-round, and a water softener for added convenience. Eco-conscious buyers will love the solar panels that help reduce your energy costs. This property is just minutes from the university, making it perfect for students, faculty, or anyone looking to be close to campus and plenty of shopping centers and mercy hospital. Don’t miss the chance to call this incredible home your own. Schedule a tour today and experience everything this property has to offer!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.9
Remaining Loan Term
26 years, 7 months
Monthly PITI
$2,298.19/mo
Estimated Loan Balance
$321,091
Cash to close
$128,569
Interest Paid
$32,955

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir, Dual
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Unknown

Exterior

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

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 2021
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $233.98
  • Tax Annual Amount: $5612.5
  • On Market Date: 2025-02-07T00:00:00.000Z
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 $128,569 (29%)
You can enter any amount below - secondary financing will cover the difference if needed.
29%
$

You cover the entire equity of $128,569!

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

Loan Breakdown

Assumed Mortgage2.9% Sellers Rate
$320,431
Your Cash$128,569
Total Purchase Price:$449,000

Assumed vs Traditional Mortgage

Assumed @ 2.9%
$1,436/mo
Traditional @ 7.5%
$2,417/mo
You save $981/month ($11,773/year)

*Secondary financing rates are an estimated value based on input

MLS ID: MC25028585

Listing From:

Last updated: 2025-03-12T22:36:23.000Z

© , 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

2.9%
7.15%

Principal & Interest

$1,436 /mo
$2,330 /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 $128,569 (29%)
You can enter any amount below - secondary financing will cover the difference if needed.
29%
$

You cover the entire equity of $128,569!

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

Loan Breakdown

Assumed Mortgage2.9% Sellers Rate
$320,431
Your Cash$128,569
Total Purchase Price:$449,000

Assumed vs Traditional Mortgage

Assumed @ 2.9%
$1,436/mo
Traditional @ 7.5%
$2,417/mo
You save $981/month ($11,773/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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