Dan Kaercher

Dan Kaercher

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Closed

$749,900

($57,470 down)
FHA

205 E Adams Street, Santa Ana, CA 92707

3
2
1,088 sqft
PITI Monthly
$5,061.4 /mo

Listing courtesy of: Malvin Le, eXp Realty of California Inc

Assumed Rate

6.26%
7.15%

Principal & Interest

$4,345 /mo
$4,762 /mo

What's Special

LOCATION
SHOPPING
SPACIOUS
MODERN
OUTDOOR LIVING SPACE
COZY

Located in the heart of Santa Ana, this single-family home rests on a spacious 7,750 sqft lot. The R-2 zoning allows for the addition of a second unit, offering excellent potential for future development or expansion. While the home has kept many of its original charm, the kitchen has been fully upgraded and comes with a refrigerator. Washer and dryer are also included with the sales. New laminate flooring and fresh interior paint, both completed in 2023, add a modern touch to the home. Additionally, the house features window units that helps keeping the home cool while reducing energy costs. The cozy loggia porch provides a perfect outdoor living space to unwind or entertain. With easy access to the 55 and 405 freeways, and proximity to John Wayne Airport, South Coast Plaza, Costco, medical centers, schools, and various shopping places, this property combines convenience with untapped potential. Don’t miss out on this opportunity to own a home with future possibilities in a prime Santa Ana location.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.26
Remaining Loan Term
28 years, 0 months
Monthly PITI
$5,061.4/mo
Estimated Loan Balance
$719,252
Cash to close
$57,470
Interest Paid
$87,266

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: WallWindowUnits
  • Heating: WallFurnace
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Laminate

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: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1954
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Park, StreetLights, Urban
HOA
  • Has HOA: No
Location
  • Region: Santa Ana

Financial Details

  • Price per Sqft: $689.25
  • Tax Annual Amount: $
  • On Market Date: 2024-10-03T00:00:00.000Z
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 $57,470 (8%)
You can enter any amount below - secondary financing will cover the difference if needed.
8%
$

You cover the entire equity of $57,470!

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

Loan Breakdown

Assumed Mortgage6.26% Sellers Rate
$692,430
Your Cash$57,470
Total Purchase Price:$749,900

Assumed vs Traditional Mortgage

Assumed @ 6.26%
$4,345/mo
Traditional @ 7.5%
$4,939/mo
You save $594/month ($7,125/year)

*Secondary financing rates are an estimated value based on input

MLS ID: OC24204094

Listing From:

Last updated: 2025-01-14T02:20:35.000Z

© , 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

6.26%
7.15%

Principal & Interest

$4,345 /mo
$4,762 /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 $57,470 (8%)
You can enter any amount below - secondary financing will cover the difference if needed.
8%
$

You cover the entire equity of $57,470!

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

Loan Breakdown

Assumed Mortgage6.26% Sellers Rate
$692,430
Your Cash$57,470
Total Purchase Price:$749,900

Assumed vs Traditional Mortgage

Assumed @ 6.26%
$4,345/mo
Traditional @ 7.5%
$4,939/mo
You save $594/month ($7,125/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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