Dan Kaercher

Dan Kaercher

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Closed

$900,000

($791,514 down)
FHA

6716 Newlin Avenue, Whittier, CA 90601

5
2
2,074 sqft
PITI Monthly
$2,663.42 /mo

Listing courtesy of: Lisa Donati, EXCELLENCE RE REAL ESTATE

Assumed Rate

6%
7.15%

Principal & Interest

$1,350 /mo
$1,521 /mo

What's Special

INVESTORS
REMODELED
SHOPPING
PUBLIC TRANSPORTATION
CHARMING

Charming Victorian Neoclassical architectural located in Uptown Whittier that features 3 bedroom, 1 bath in the main house with an adjoining unit above that has not been completed. It's a 1 bedroom, area for small kitchen and bathroom, it's own entry in the rear. There's a 3rd detached upper level unit above 3 car garages in the rear that was gutted out and ready for remodel of 1 bedroom, 1 bath, w/3 car garage below the unit, large lot for entertaining which can be shared with other residents. There is alley access to property with upto 7 car parking. The exterior has new paint w/white picket fence, master has been remodeled. With-in Walking distance to Uptown Whittier. Enjoy Shopping, Restaurants and the Whittier Village Cinemas, nightlife, bars, top schools, and public transportation. This home needs work but perfect for 3 families or perfect as a residential income property for investors.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6
Remaining Loan Term
8 years, 3 months
Monthly PITI
$2,663.42/mo
Estimated Loan Balance
$110,886
Cash to close
$791,514
Interest Paid
$232,434

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 2
Cooling & Heating
  • Cooling: WallWindowUnits
  • Heating: Unknown
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • 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: 2
  • Home type: Triplex
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1902
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Curbs
HOA
  • Has HOA: No
Location
  • Region: Whittier

Financial Details

  • Price per Sqft: $433.94
  • Tax Annual Amount: $11250
  • On Market Date: 2024-08-04T00:00:00.000Z
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 $791,514 (88%)
You can enter any amount below - secondary financing will cover the difference if needed.
88%
$

You cover the entire equity of $791,514!

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

Loan Breakdown

Assumed Mortgage6% Sellers Rate
$108,486
Your Cash:$791,514
Total Purchase Price:$900,000

Assumed vs Traditional Mortgage

Assumed @ 6%
$1,350/mo
Traditional @ 7.5%
$1,578/mo
You save $228/month ($2,730/year)

*Secondary financing rates are an estimated value based on input

MLS ID: CV24160503

Listing From:

Last updated: 2024-12-05T03:50:35.000Z

© , 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

6%
7.15%

Principal & Interest

$1,350 /mo
$1,521 /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 $791,514 (88%)
You can enter any amount below - secondary financing will cover the difference if needed.
88%
$

You cover the entire equity of $791,514!

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

Loan Breakdown

Assumed Mortgage6% Sellers Rate
$108,486
Your Cash:$791,514
Total Purchase Price:$900,000

Assumed vs Traditional Mortgage

Assumed @ 6%
$1,350/mo
Traditional @ 7.5%
$1,578/mo
You save $228/month ($2,730/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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