Dan Kaercher

Dan Kaercher

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$490,000

($273,576 down)
FHA

440 S Redwood Drive, Reedley, CA 93654

3
2
1,796 sqft
PITI Monthly
$1,346.73 /mo

Listing courtesy of: Lisa Melton-Reimer, London Properties- Kingsburg

Assumed Rate

3.02%
7.15%

Principal & Interest

$1,011 /mo
$1,615 /mo

What's Special

SERENE
DINING
SPACIOUS
FIREPLACE
VAULTED CEILINGS
WALK-IN CLOSET
MASTER SUITE
PATIO
LANDSCAPED
COZY

Rare opportunity in the sought-after Riverglen River Bottom subdivision! This custom home blends charm, functionality, and space in a desirable neighborhood. Vaulted ceilings with exposed beams highlight the living, dining, and kitchen areas. The spacious living room features a cozy brick fireplace and built-in bookcases, while the kitchen offers tile countertops, electric appliances, and a walk-in pantry. The dining area, with bay windows and French doors, opens to a large covered patio overlooking a beautifully landscaped backyard perfect for entertaining. Additional highlights include an indoor laundry room with cabinets, a sink, and a whole-house fan. The master suite boasts crown molding, a walk-in closet, wardrobe closet, linen closet, and a master bath with double sinks and a large tiled shower. A 3-car garage provides attic access, built-in storage, a work area, and a sink. Mature landscaping enhances the curb appeal and creates a serene outdoor retreat. Solar purchase to be assumed by buyer.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.02
Remaining Loan Term
25 years, 5 months
Monthly PITI
$1,346.73/mo
Estimated Loan Balance
$267,353
Cash to close
$273,576
Interest Paid
$31,499

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central, Solar
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom, Gas
  • Flooring: Laminate, Tile

Exterior

Fencing
  • Fencing: Wood
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • 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: Ranch
Materials
  • Unknown
  • Roof: Composition
Condition
  • Year Built: 1999
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Biking, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Reedley

Financial Details

  • Price per Sqft: $272.83
  • Tax Annual Amount: $6125
  • On Market Date: 2024-12-31T00:00:00.000Z
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 $273,576 (56%)
You can enter any amount below - secondary financing will cover the difference if needed.
56%
$

You cover the entire equity of $273,576!

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

Loan Breakdown

Assumed Mortgage3.02% Sellers Rate
$216,424
Your Cash:$273,576
Total Purchase Price:$490,000

Assumed vs Traditional Mortgage

Assumed @ 3.02%
$1,011/mo
Traditional @ 7.5%
$1,675/mo
You save $664/month ($7,974/year)

*Secondary financing rates are an estimated value based on input

MLS ID: FR24255888

Listing From:

Last updated: 2025-02-11T17:58:13.000Z

© , 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

3.02%
7.15%

Principal & Interest

$1,011 /mo
$1,615 /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 $273,576 (56%)
You can enter any amount below - secondary financing will cover the difference if needed.
56%
$

You cover the entire equity of $273,576!

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

Loan Breakdown

Assumed Mortgage3.02% Sellers Rate
$216,424
Your Cash:$273,576
Total Purchase Price:$490,000

Assumed vs Traditional Mortgage

Assumed @ 3.02%
$1,011/mo
Traditional @ 7.5%
$1,675/mo
You save $664/month ($7,974/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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