Dan Kaercher

Dan Kaercher

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Closed

$440,000

($78,650 down)
FHA

416 E Lingard Street, Lancaster, CA 93535

3
2
1,340 sqft
PITI Monthly
$2,717.77 /mo

Listing courtesy of: TERRY SANCHEZ, REALTYX

Assumed Rate

4.17%
7.15%

Principal & Interest

$1,842 /mo
$2,553 /mo

What's Special

DINING
SPACIOUS
MODERN
PATIO

Welcome to your DREAM HOME nestled in the heart of Lancaster! This stunning corner lot property boasts a spacious layout with 3 beautifully appointed bedrooms and 2 modern bathrooms, perfect for family living. As you step inside, you'll be greeted by an abundance of natural light that fills the open-concept living area, creating a warm and inviting atmosphere. This kitchen is a chef's delight, featuring contemporary appliances, ample counter and storage space. Step outside to discover a huge lot that offers endless possibilities for outdoor entertaining, gardening, or simply enjoying the fresh air with family and friends. The covered permitted patio adds an extra layer of charm, providing a perfect spot for dining or relaxing, with the potential for additional square footage to enhance your living space. Additionally, the roof is only 2 years old, ensuring peace of mind and durability for years to come. Located in a friendly neighborhood, this property is conveniently close to local amenities, parks, and schools, making it an ideal choice for families. Don't miss the chance to make this beautiful Lancaster property your OWN!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.17
Remaining Loan Term
27 years, 1 months
Monthly PITI
$2,717.77/mo
Estimated Loan Balance
$367,103
Cash to close
$78,650
Interest Paid
$44,842

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: EvaporativeCooling
  • Heating: Unknown
Features
  • Materials: Frame, Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Tile, Vinyl

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Composition
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: Traditional
Materials
  • Frame, Stucco
  • Roof: Composition
Condition
  • Year Built: 1955
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Curbs, Gutters, StreetLights, Suburban
HOA
  • Has HOA: No
Location
  • Region: Lancaster

Financial Details

  • Price per Sqft: $328.36
  • Tax Annual Amount: $5500
  • On Market Date: 2024-10-10T00:00:00.000Z
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.

Apply now

Savings Calculator

Current cash to close is $78,650 (18%)
You can enter any amount below - secondary financing will cover the difference if needed.
18%
$

You cover the entire equity of $78,650!

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

Loan Breakdown

Assumed Mortgage4.17% Sellers Rate
$361,350
Your Cash$78,650
Total Purchase Price:$440,000

Assumed vs Traditional Mortgage

Assumed @ 4.17%
$1,842/mo
Traditional @ 7.5%
$2,648/mo
You save $806/month ($9,677/year)

*Secondary financing rates are an estimated value based on input

MLS ID: IV24208951

Listing From:

Last updated: 2025-01-24T13:42:40.000Z

© , 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

4.17%
7.15%

Principal & Interest

$1,842 /mo
$2,553 /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 $78,650 (18%)
You can enter any amount below - secondary financing will cover the difference if needed.
18%
$

You cover the entire equity of $78,650!

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

Loan Breakdown

Assumed Mortgage4.17% Sellers Rate
$361,350
Your Cash$78,650
Total Purchase Price:$440,000

Assumed vs Traditional Mortgage

Assumed @ 4.17%
$1,842/mo
Traditional @ 7.5%
$2,648/mo
You save $806/month ($9,677/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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