Dan Kaercher

Dan Kaercher

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Closed

$649,900

($62,294 down)
FHA

216 E Morningside Street, Long Beach, CA 90805

3
1
1,175 sqft
PITI Monthly
$3,190.06 /mo

Listing courtesy of: Oscar Sosa, Berkshire Hathaway HomeServices California Properties

Assumed Rate

2.79%
7.15%

Principal & Interest

$2,578 /mo
$4,244 /mo

What's Special

FRESH PAINT
MODERN
HOME OFFICE
EFFICIENT

This Long Beach charmer boasts 2 structures! The main house offers 2 bedrooms and 1 full bathroom throughout 775 square feet of living area. The kitchen is stylishly updated, boasting updated cabinets, modern sink, elegant quartz countertops, and a chic backsplash. 400 square feet of additional living area are provided in the rumpus room. Ideal for a home office, studio, or a guest suite. Fresh paint is featured throughout the main home and rumpus room. Modern LED energy efficient lighting throughout the home. Updated electrical wiring and outlets providing enhanced functionality. Ample parking with a large cement parking slab, accommodating multiple vehicles. Enjoy the charm and comfort of this property situated on a generous lot, perfect for outdoor activities and relaxation. Experience the unique blend of modern amenities and timeless charm in this delightful Long Beach home. Schedule a tour today, don’t miss out on this incredible opportunity!

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Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.79
Remaining Loan Term
26 years, 5 months
Monthly PITI
$3,190.06/mo
Estimated Loan Balance
$596,013
Cash to close
$62,294
Interest Paid
$60,392

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 1
Cooling & Heating
  • Cooling: None
  • Heating: WallFurnace
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Laminate, Tile

Exterior

Fencing
  • Fencing: Wood
Roof
  • Roof: CommonRoof, Shingle
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: CommonRoof, Shingle
Condition
  • Year Built: 1923
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Long Beach

Financial Details

  • Price per Sqft: $553.11
  • Tax Annual Amount: $
  • On Market Date: 2024-08-08T00:00:00.000Z
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 $62,294 (10%)
You can enter any amount below - secondary financing will cover the difference if needed.
10%
$

You cover the entire equity of $62,294!

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

Loan Breakdown

Assumed Mortgage2.79% Sellers Rate
$587,606
Your Cash$62,294
Total Purchase Price:$649,900

Assumed vs Traditional Mortgage

Assumed @ 2.79%
$2,578/mo
Traditional @ 7.5%
$4,402/mo
You save $1,823/month ($21,882/year)

*Secondary financing rates are an estimated value based on input

MLS ID: PW24162145

Listing From:

Last updated: 2024-12-06T20:43:36.000Z

© , 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

2.79%
7.15%

Principal & Interest

$2,578 /mo
$4,244 /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 $62,294 (10%)
You can enter any amount below - secondary financing will cover the difference if needed.
10%
$

You cover the entire equity of $62,294!

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

Loan Breakdown

Assumed Mortgage2.79% Sellers Rate
$587,606
Your Cash$62,294
Total Purchase Price:$649,900

Assumed vs Traditional Mortgage

Assumed @ 2.79%
$2,578/mo
Traditional @ 7.5%
$4,402/mo
You save $1,823/month ($21,882/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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