Dan Kaercher

Dan Kaercher

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Closed

$659,800

($510,186 down)
FHA

622 S Burris Avenue, Compton, CA 90221

2
1
1,352 sqft
PITI Monthly
$1,228.3 /mo

Listing courtesy of: Maria Leon, Excellence RE Real Estate

Assumed Rate

3.41%
7.15%

Principal & Interest

$916 /mo
$1,393 /mo

What's Special

SHOPPING

This BEAUTY WILL NOT LAST!!!! Come take a look and fall in love with this corner home located in a highly desirable area of Compton with a potential ADU!!! House is situated in really nice and tranquil neighborhood, with newer roof that was just added a year ago. This beauty features 2 bedrooms, 1 bathroom, plus additional Bedroom. 3 car garage, ample backyard for entertaining and organic fruit trees. Has washer and dryer hookups for convenience. Home is conveniently located near freeway, parks, schools and shopping centers. Property offers lots of potential, Great opportunity for first-time homeowners, or anyone looking for a residence in a great area. Don't miss out on this great opportunity!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.41
Remaining Loan Term
17 years, 11 months
Monthly PITI
$1,228.3/mo
Estimated Loan Balance
$159,162
Cash to close
$510,186
Interest Paid
$73,712

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: WallWindowUnits
  • Heating: Unknown
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Gas, LivingRoom
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
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: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1936
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Urban
HOA
  • Has HOA: No
Location
  • Region: Compton

Financial Details

  • Price per Sqft: $488.02
  • Tax Annual Amount: $8247.5
  • On Market Date: 2024-11-14T00:00:00.000Z
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 $510,186 (77%)
You can enter any amount below - secondary financing will cover the difference if needed.
77%
$

You cover the entire equity of $510,186!

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

Loan Breakdown

Assumed Mortgage3.41% Sellers Rate
$149,614
Your Cash:$510,186
Total Purchase Price:$659,800

Assumed vs Traditional Mortgage

Assumed @ 3.41%
$916/mo
Traditional @ 7.5%
$1,445/mo
You save $529/month ($6,348/year)

*Secondary financing rates are an estimated value based on input

MLS ID: RS24233980

Listing From:

Last updated: 2025-02-10T16:51:06.000Z

© , 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

3.41%
7.15%

Principal & Interest

$916 /mo
$1,393 /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 $510,186 (77%)
You can enter any amount below - secondary financing will cover the difference if needed.
77%
$

You cover the entire equity of $510,186!

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

Loan Breakdown

Assumed Mortgage3.41% Sellers Rate
$149,614
Your Cash:$510,186
Total Purchase Price:$659,800

Assumed vs Traditional Mortgage

Assumed @ 3.41%
$916/mo
Traditional @ 7.5%
$1,445/mo
You save $529/month ($6,348/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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