Dan Kaercher

Dan Kaercher

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Closed

$1,450,000

($953,850 down)
VA

6940 E Mezzanine Way, Long Beach, CA 90808

3
2
1,884 sqft
PITI Monthly
$4,122.69 /mo

Listing courtesy of: Ben Fisher, California Real Estate Company

Assumed Rate

3.34%
7.15%

Principal & Interest

$2,396 /mo
$3,677 /mo

What's Special

SPACIOUS

Welcome to 6940 E Mezzanine Way, an exceptionally large Cliff May Rancho with a multitude of original features blended into an oversized and spacious mid century abode. Your first impression may reflect the recently constructed privacy gate which encompasses the home from the street and once you make it just inside you'll quickly realize the ideal privacy it creates. Entering the front doors you're greeted by an oversized island and cooktop, complemented perfectly with the refinished birch paneling and original mistlite partition panels. As you make your way past the original living room, your eye can't help but lead you into the second generously sized living room bursting with natural light from the encompassing windows which encapsulate most of this sought after space. You may think that this is the only addition making up the large footprint until you make it across to the original Jack and Jill bedrooms which have been tastefully bumped out to make for bedrooms that most Rancho owners could only dream of having. Heading back down the hall past the incredibly well preserved birch paneling, you'll enter the originally laid out primary en suite equipped with the original closet and seating area. The space this Cliff May home exudes accompanied with many dynamic courtyards and outdoor seating areas makes this home not only rare but nostalgic to those who appreciate the aesthetic of the era. With an attached two car garage and two parking spaces still within the privacy of your own wall, this Rancho is a beautiful blend of breathability and privacy alike.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.34
Remaining Loan Term
25 years, 5 months
Monthly PITI
$4,122.69/mo
Estimated Loan Balance
$507,132
Cash to close
$953,850
Interest Paid
$79,504

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir, WallWindowUnits
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • 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: MidCenturyModern
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1954
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Rancho (RNC)
  • Features: Suburban
HOA
  • Has HOA: No
Location
  • Region: Long Beach

Financial Details

  • Price per Sqft: $769.64
  • Tax Annual Amount: $18125
  • 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 $953,850 (66%)
You can enter any amount below - secondary financing will cover the difference if needed.
66%
$

You cover the entire equity of $953,850!

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

Loan Breakdown

Assumed Mortgage3.34% Sellers Rate
$496,150
Your Cash:$953,850
Total Purchase Price:$1,450,000

Assumed vs Traditional Mortgage

Assumed @ 3.34%
$2,396/mo
Traditional @ 7.5%
$3,814/mo
You save $1,418/month ($17,011/year)

*Secondary financing rates are an estimated value based on input

MLS ID: PW24233044

Listing From:

Last updated: 2024-11-24T23:43:31.000Z

© , 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

3.34%
7.15%

Principal & Interest

$2,396 /mo
$3,677 /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 $953,850 (66%)
You can enter any amount below - secondary financing will cover the difference if needed.
66%
$

You cover the entire equity of $953,850!

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

Loan Breakdown

Assumed Mortgage3.34% Sellers Rate
$496,150
Your Cash:$953,850
Total Purchase Price:$1,450,000

Assumed vs Traditional Mortgage

Assumed @ 3.34%
$2,396/mo
Traditional @ 7.5%
$3,814/mo
You save $1,418/month ($17,011/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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