Dan Kaercher

Dan Kaercher

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$460,000

($198,146 down)
FHA

671 E 7th Street, Chico, CA 95928

4
2
1,705 sqft
PITI Monthly
$2,512.42 /mo

Listing courtesy of: Monica Hosier, Parkway Real Estate Co.

Assumed Rate

6.91%
7.15%

Principal & Interest

$1,731 /mo
$1,773 /mo

What's Special

REMODELED
LOCATION
DINING
MODERN
FIREPLACE
CHARMING

Welcome to this charming Chico home in the coveted "Golden Triangle", just a few blocks from the beautiful Bidwell Park! This classic beauty features a recently remodeled kitchen with open shelving, butcher block countertops, a sunny garden window for your herb garden, and a top-of-the-line six-burner Bertazzoni range/stove. Whether you're cooking up a feast or enjoying a quiet meal, the built-in beer tap on the counter adds a unique touch to this modern kitchen and is sure to be a conversation piece! The open-concept layout creates a seamless flow between the kitchen, dining, and living spaces, perfect for both relaxed living and entertaining. Down below you'll find a basement area for additional storage. The living room is complete with a wood burning fireplace, high ceilings, and timeless French windows to let the fresh air in. The large covered front porch is "so Chico", ready to relax on and visit with the locals. Step outside to the low-maintenance backyard, where you’ll find a concrete seating area designed for entertaining around a portable fire pit for example. There's plenty of room to design your urban garden back here or entertain guests with outdoor dining. With its ideal location, stylish upgrades, and inviting outdoor spaces, this Bungalow is a true Chico charmer!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.91
Remaining Loan Term
29 years, 9 months
Monthly PITI
$2,512.42/mo
Estimated Loan Balance
$262,296
Cash to close
$198,146
Interest Paid
$4,531

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central, Fireplaces
Features
  • Materials: WoodSiding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom, WoodBurning
  • Flooring: Wood

Exterior

Fencing
  • Fencing: Wood
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • 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: Bungalow
Materials
  • WoodSiding
  • Roof: Composition
Condition
  • Year Built: 1935
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Park, Sidewalks, Urban
HOA
  • Has HOA: No
Location
  • Region: Chico

Financial Details

  • Price per Sqft: $269.79
  • Tax Annual Amount: $5750
  • On Market Date: 2025-03-09T00:00:00.000Z
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 $198,146 (43%)
You can enter any amount below - secondary financing will cover the difference if needed.
43%
$

You cover the entire equity of $198,146!

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

Loan Breakdown

Assumed Mortgage6.91% Sellers Rate
$261,854
Your Cash$198,146
Total Purchase Price:$460,000

Assumed vs Traditional Mortgage

Assumed @ 6.91%
$1,731/mo
Traditional @ 7.5%
$1,839/mo
You save $108/month ($1,302/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SN25051717

Listing From:

Last updated: 2025-03-31T21:54:22.000Z

© , 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

6.91%
7.15%

Principal & Interest

$1,731 /mo
$1,773 /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 $198,146 (43%)
You can enter any amount below - secondary financing will cover the difference if needed.
43%
$

You cover the entire equity of $198,146!

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

Loan Breakdown

Assumed Mortgage6.91% Sellers Rate
$261,854
Your Cash$198,146
Total Purchase Price:$460,000

Assumed vs Traditional Mortgage

Assumed @ 6.91%
$1,731/mo
Traditional @ 7.5%
$1,839/mo
You save $108/month ($1,302/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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