Dan Kaercher

Dan Kaercher

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$615,000

($128,021 down)
FHA

1993 38Th Ave, Oakland, CA 94601

N/A
N/A
sqft
PITI Monthly
$3,852.93 /mo

Listing courtesy of: Patrick McCarran, Realty One Group Elite

Assumed Rate

4.27%
7.15%

Principal & Interest

$2,664 /mo
$3,648 /mo

What's Special

COZY

HUGE POTENTIAL!! Great Duplex, centrally located with easy freeway access, close to Fruitvale BART station. The front unit of the home is a 3-bedroom 1-bath, and the back unit is a 1-bedroom and 1-bath, Garage conversion to bonus Studio unit Unknown permits. The sewer lateral is in compliance with building codes. This large space in rear that may be opportunity to add more units. Cozy community space directly behind unit 2 and a long driveway for access or parking. convenient freeway access and close proximity to multiple markets, shops, and banks.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.27
Remaining Loan Term
24 years, 2 months
Monthly PITI
$3,852.93/mo
Estimated Loan Balance
$488,831
Cash to close
$128,021
Interest Paid
$127,629

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms:
  • Bathrooms: 0
Cooling & Heating
  • Cooling: WallWindowUnits
  • Heating: WallFurnace
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Vinyl, Wood

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Shingle
Parking
  • Garage: No
  • Garage Spaces:
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Duplex
  • Architectural Style: Unknown
Materials
  • Stucco
  • Roof: Shingle
Condition
  • Year Built: 1923
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $615,000
  • Tax Annual Amount: $7687.5
  • On Market Date: 2024-09-05T00:00:00.000Z
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 $128,021 (21%)
You can enter any amount below - secondary financing will cover the difference if needed.
21%
$

You cover the entire equity of $128,021!

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

Loan Breakdown

Assumed Mortgage4.27% Sellers Rate
$486,979
Your Cash$128,021
Total Purchase Price:$615,000

Assumed vs Traditional Mortgage

Assumed @ 4.27%
$2,664/mo
Traditional @ 7.5%
$3,784/mo
You save $1,121/month ($13,449/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 41072047

Listing From:

Last updated: 2025-02-28T23:49:34.000Z

© , 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

4.27%
7.15%

Principal & Interest

$2,664 /mo
$3,648 /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 $128,021 (21%)
You can enter any amount below - secondary financing will cover the difference if needed.
21%
$

You cover the entire equity of $128,021!

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

Loan Breakdown

Assumed Mortgage4.27% Sellers Rate
$486,979
Your Cash$128,021
Total Purchase Price:$615,000

Assumed vs Traditional Mortgage

Assumed @ 4.27%
$2,664/mo
Traditional @ 7.5%
$3,784/mo
You save $1,121/month ($13,449/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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