Dan Kaercher

Dan Kaercher

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Closed

$299,000

($130,669 down)
FHA

6527 Madrone Drive, Kelseyville, CA 95451

2
2
1,554 sqft
PITI Monthly
$1,522.14 /mo

Listing courtesy of: Evonne Landwehr, Luxe Places International Realty

Assumed Rate

4.03%
7.15%

Principal & Interest

$924 /mo
$1,303 /mo

What's Special

LOCATION
SHOPPING
DINING
MODERN
HISTORIC
CHARMING

Historic micro farm with two homes in the heart of Soda Bay has a vintage one bedroom, one bath home and separate one bedroom, one bath guest cottage on one level lot. Additional lot with detached, 1050 sq ft, two car garage/shop creates a combined .30 acre of fenced in space with plenty of parking for cars, boat or RV. Use the oversized garage/shop for hobbies or storage. A large vegetable garden and a variety of fruit trees, room for chickens, and gorgeous rose bushes are reminiscent of the small family farm lifestyle. Both houses have been modernized with full kitchens, bathrooms, interior laundry, central heat, and the main house includes a wood burning stove and covered front porch to enjoy the fresh Lake County air. Great location is walking distance to the lake for fishing or taking in the sunset, and just a few minutes drive to downtown Kelseyville for shopping, dining, and festive community events. With a little TLC this charming property could be an absolute haven for anyone dreaming of a more simple way of life, or creating a possible income producing vacation destination.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.03
Remaining Loan Term
22 years, 11 months
Monthly PITI
$1,522.14/mo
Estimated Loan Balance
$84,523
Cash to close
$130,669
Interest Paid
$51,431

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir, Electric, WallWindowUnits
  • Heating: Central, WoodStove
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: DiningRoom, WoodBurning
  • Flooring: Unknown

Exterior

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

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Cottage
Materials
  • Unknown
  • Roof: Composition, Shingle
Condition
  • Year Built: 1950
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Biking, Foothills, Hiking, Lake, Park, Fishing
HOA
  • Has HOA: No
Location
  • Region: Kelseyville

Financial Details

  • Price per Sqft: $192.41
  • Tax Annual Amount: $3737.5
  • On Market Date: 2024-07-19T00:00:00.000Z
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 $130,669 (44%)
You can enter any amount below - secondary financing will cover the difference if needed.
44%
$

You cover the entire equity of $130,669!

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

Loan Breakdown

Assumed Mortgage4.03% Sellers Rate
$168,331
Your Cash$130,669
Total Purchase Price:$299,000

Assumed vs Traditional Mortgage

Assumed @ 4.03%
$924/mo
Traditional @ 7.5%
$1,352/mo
You save $427/month ($5,127/year)

*Secondary financing rates are an estimated value based on input

MLS ID: LC24148870

Listing From:

Last updated: 2025-03-21T00:03:55.000Z

© , 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

4.03%
7.15%

Principal & Interest

$924 /mo
$1,303 /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 $130,669 (44%)
You can enter any amount below - secondary financing will cover the difference if needed.
44%
$

You cover the entire equity of $130,669!

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

Loan Breakdown

Assumed Mortgage4.03% Sellers Rate
$168,331
Your Cash$130,669
Total Purchase Price:$299,000

Assumed vs Traditional Mortgage

Assumed @ 4.03%
$924/mo
Traditional @ 7.5%
$1,352/mo
You save $427/month ($5,127/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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