Dan Kaercher

Dan Kaercher

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$300,000

($222,438 down)
FHA

2885 King Street, Nice, CA 95464

2
2
1,502 sqft
PITI Monthly
$1,045.33 /mo

Listing courtesy of: Robert Fogelstrom, North Lake Realty & Property M

Assumed Rate

3.68%
7.15%

Principal & Interest

$505 /mo
$743 /mo

What's Special

DINING
VAULTED CEILINGS
DECK

This wonderful home has a spectacular view of ClearLake and sits on two lots with one APN#, This home has an open floor plan with vaulted ceilings, laminate floors, 2 bedrooms and 2 bathrooms with an additional room that can be use as an office-den or an additional bedroom with some closet doors. The Master bath has a wonderful jetted tub with a view of the lake and two separate sinks, walk in closet and stand alone shower. Large sliders from the master and the dining room out to the approx. 9' x 40' wood deck. The kitchen has granite counters, Gas stove, microwave and refrigerator. There is a laundry room with washer and dryer included just off the kitchen on the way to the large 2 car garage. This home needs a little TLC, paint etc. The home is being sold AS IS, no repairs will be made as this is a probate sale.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.68
Remaining Loan Term
17 years, 4 months
Monthly PITI
$1,045.33/mo
Estimated Loan Balance
$78,622
Cash to close
$222,438
Interest Paid
$44,341

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir, HeatPump
  • Heating: Central, HeatPump, Propane
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: AverageCondition, Wood
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: SepticTank
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Composition
Condition
  • Year Built: 2008
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Foothills, Fishing, WaterSports
HOA
  • Has HOA: No
Location
  • Region: Nice

Financial Details

  • Price per Sqft: $199.73
  • Tax Annual Amount: $3750
  • On Market Date: 2025-03-26T00:00:00.000Z
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 $222,438 (74%)
You can enter any amount below - secondary financing will cover the difference if needed.
74%
$

You cover the entire equity of $222,438!

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

Loan Breakdown

Assumed Mortgage3.68% Sellers Rate
$77,562
Your Cash:$222,438
Total Purchase Price:$300,000

Assumed vs Traditional Mortgage

Assumed @ 3.68%
$505/mo
Traditional @ 7.5%
$770/mo
You save $266/month ($3,186/year)

*Secondary financing rates are an estimated value based on input

MLS ID: LC25065821

Listing From:

Last updated: 2025-03-27T14:18:11.000Z

© , 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

3.68%
7.15%

Principal & Interest

$505 /mo
$743 /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 $222,438 (74%)
You can enter any amount below - secondary financing will cover the difference if needed.
74%
$

You cover the entire equity of $222,438!

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

Loan Breakdown

Assumed Mortgage3.68% Sellers Rate
$77,562
Your Cash:$222,438
Total Purchase Price:$300,000

Assumed vs Traditional Mortgage

Assumed @ 3.68%
$505/mo
Traditional @ 7.5%
$770/mo
You save $266/month ($3,186/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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