Dan Kaercher

Dan Kaercher

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$439,000

($204,836 down)
FHA

172 Korbel Avenue, Merced, CA 95348

3
3
1,555 sqft
PITI Monthly
$1,492.34 /mo

Listing courtesy of: Denice Cruz, Realty Executives Of Northern California

Assumed Rate

3.47%
7.15%

Principal & Interest

$1,159 /mo
$1,750 /mo

What's Special

INVESTORS
SHOPPING
DINING
MODERN
GRANITE COUNTERTOPS
LANDSCAPED
WALKING TRAILS
EFFICIENT

Welcome to 172 Korbel. An upgraded DR Horton home in a desirable North Merced neighborhood. Built in 2020, this 1 owner residence features 3 bedrooms, 2 1/2 bathrooms, and 1,555 square feet of comfortable living space, making it an ideal choice for first-time buyers and investors alike. Step inside to discover a modern, open-concept layout that seamlessly connects the kitchen, dining, and living areas. The kitchen boasts stunning granite countertops and stainless-steel appliances. This home includes numerous upgrades such as high-quality laminate flooring in the living room as well as upgraded blinds. All the lighting fixtures have been upgraded to very modern ones as well. The fully landscaped yard is equipped with automatic sprinklers in the front yard with a drip system in the back yard. This home also has an energy-efficient solar panel system installed with 13 panels to assist with savings throughout the year. Buyer to assume contract with Vivint Solar. Perfectly located directly behind the Merced Junior College and near UC Merced, UC Merced Cattracks, walking trails, schools, parks, hospitals, dining, and shopping centers, this property offers one of the largest lots in the neighborhood (2728 sq ft) with an extended driveway as a bonus, You'll enjoy privacy with no neighbors behind you! The entrance to a creekside walking trail is just one house away, and there is additional overflow parking just a few feet from the front.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.47
Remaining Loan Term
25 years, 0 months
Monthly PITI
$1,492.34/mo
Estimated Loan Balance
$251,640
Cash to close
$204,836
Interest Paid
$42,723

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central, Solar
Features
  • Materials: Drywall, Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Laminate

Exterior

Fencing
  • Fencing: Stone, Wood
Roof
  • Roof: Composition, Shingle
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: Modern
Materials
  • Drywall, Stucco
  • Roof: Composition, Shingle
Condition
  • Year Built: 2020
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Biking, Curbs, Gutters, StormDrains, StreetLights, Sidewalks, Park
HOA
  • Has HOA: No
Location
  • Region: Merced

Financial Details

  • Price per Sqft: $282.32
  • Tax Annual Amount: $5487.5
  • On Market Date: 2024-12-18T00:00:00.000Z
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 $204,836 (47%)
You can enter any amount below - secondary financing will cover the difference if needed.
47%
$

You cover the entire equity of $204,836!

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

Loan Breakdown

Assumed Mortgage3.47% Sellers Rate
$234,164
Your Cash$204,836
Total Purchase Price:$439,000

Assumed vs Traditional Mortgage

Assumed @ 3.47%
$1,159/mo
Traditional @ 7.5%
$1,815/mo
You save $656/month ($7,871/year)

*Secondary financing rates are an estimated value based on input

MLS ID: MC24250798

Listing From:

Last updated: 2025-03-28T21:47:34.000Z

© , 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

3.47%
7.15%

Principal & Interest

$1,159 /mo
$1,750 /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 $204,836 (47%)
You can enter any amount below - secondary financing will cover the difference if needed.
47%
$

You cover the entire equity of $204,836!

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

Loan Breakdown

Assumed Mortgage3.47% Sellers Rate
$234,164
Your Cash$204,836
Total Purchase Price:$439,000

Assumed vs Traditional Mortgage

Assumed @ 3.47%
$1,159/mo
Traditional @ 7.5%
$1,815/mo
You save $656/month ($7,871/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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