Dan Kaercher

Dan Kaercher

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Closed

$599,000

($49,622 down)
FHA

1828 89th Avenue, Oakland, CA 94621

2
2
1,120 sqft
PITI Monthly
$3,659.11 /mo

Listing courtesy of: Guillean Arradaza, Kinetic Real Estate

Assumed Rate

2.9%
7.15%

Principal & Interest

$2,452 /mo
$3,979 /mo

What's Special

INVESTORS
DINING
GRANITE COUNTERTOPS
RENTAL INCOME

This duplex property, located at 1828-1830 89th Avenue in Oakland, offers 2 bedrooms and 2 bathrooms in total, ideal for investors or families seeking additional rental income. The units feature durable laminate flooring, granite countertops, and a functional kitchen equipped with a hood over the oven range and refrigerator. Bathrooms include a shower-over-tub setup for comfort and practicality. Nestled in a bustling area, this property is within 1 mile of several amenities. Nearby schools include East Oakland Pride Elementary, Elmhurst United Middle, and Castlemont High School. The Coliseum College Prep Academy is also accessible, offering quality education options. Commuting is convenient with proximity to public transit options like the Coliseum BART Station and major thoroughfares. The neighborhood includes local parks, restaurants, and shops, providing diverse dining and recreational opportunities. Don't miss this chance to own a property with great investment potential in a vibrant Oakland community!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.9
Remaining Loan Term
26 years, 7 months
Monthly PITI
$3,659.11/mo
Estimated Loan Balance
$550,500
Cash to close
$49,622
Interest Paid
$56,270

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: None
  • Heating: ForcedAir
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Laminate, Tile

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 4
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories: 1
  • Home type:
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Composition
Condition
  • Year Built: 1947
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $534.82
  • Tax Annual Amount: $7487.5
  • On Market Date: 2024-12-05T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $49,622 (8%)
You can enter any amount below - secondary financing will cover the difference if needed.
8%
$

You cover the entire equity of $49,622!

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

Loan Breakdown

Assumed Mortgage2.9% Sellers Rate
$549,378
Your Cash$49,622
Total Purchase Price:$599,000

Assumed vs Traditional Mortgage

Assumed @ 2.9%
$2,452/mo
Traditional @ 7.5%
$4,127/mo
You save $1,675/month ($20,103/year)

*Secondary financing rates are an estimated value based on input

MLS ID: ML81987483

Listing From:

Last updated: 2024-12-22T13:22:36.000Z

© , 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

$2,452 /mo
$3,979 /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 $49,622 (8%)
You can enter any amount below - secondary financing will cover the difference if needed.
8%
$

You cover the entire equity of $49,622!

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

Loan Breakdown

Assumed Mortgage2.9% Sellers Rate
$549,378
Your Cash$49,622
Total Purchase Price:$599,000

Assumed vs Traditional Mortgage

Assumed @ 2.9%
$2,452/mo
Traditional @ 7.5%
$4,127/mo
You save $1,675/month ($20,103/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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