Dan Kaercher

Dan Kaercher

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Closed

$575,000

($221,786 down)
FHA

724 W Plum Street, Compton, CA 90222

2
2
1,227 sqft
PITI Monthly
$2,648.32 /mo

Listing courtesy of: Teresa Mack, Pacific Playa Realty

Assumed Rate

2.96%
7.15%

Principal & Interest

$1,611 /mo
$2,594 /mo

What's Special

SHOPPING
DINING
SPACIOUS

OFFER DEADLINE: FRIDAY 3/21/2025 12:00 NOON. This is a spacious updated 2 bedroom home with a bonus room and a bonus room providing up to two added bedroom spaces; room for a family room or formal dining room. Enter your living room and cross hardwood polished flooring, enjoy a decorative tile faux hearth with room for a television. Two sizeable bedrooms and two baths are enjoyed by this home's owners, a elevated large room at the rear has an ensuite half bath and can easily serve as a third bedroom. Enjoy entertaining in a large galley kitchen w/stainless steel gas range w/a microwave and a back porch. An attached garage also includes a newer washer/dryer and storage shelves. This home is located in close proximity to retail shopping areas, hospital and places of worship and schools. Just hop off the 105 freeway and you are nearly at home.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.96
Remaining Loan Term
26 years, 3 months
Monthly PITI
$2,648.32/mo
Estimated Loan Balance
$446,687
Cash to close
$221,786
Interest Paid
$40,946

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: None
  • Heating: Unknown
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Laminate, Wood

Exterior

Fencing
  • Fencing: Block, Brick, ChainLink, Wood
Roof
  • Roof: Shingle
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Other
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Traditional
Materials
  • Stucco
  • Roof: Shingle
Condition
  • Year Built: 1946
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $468.62
  • Tax Annual Amount: $7187.5
  • On Market Date: 2025-03-13T00:00:00.000Z
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 $221,786 (39%)
You can enter any amount below - secondary financing will cover the difference if needed.
39%
$

You cover the entire equity of $221,786!

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

Loan Breakdown

Assumed Mortgage2.96% Sellers Rate
$353,214
Your Cash$221,786
Total Purchase Price:$575,000

Assumed vs Traditional Mortgage

Assumed @ 2.96%
$1,611/mo
Traditional @ 7.5%
$2,690/mo
You save $1,080/month ($12,955/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 25510969

Listing From:

Last updated: 2025-03-22T20:15:42.000Z

© , 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

2.96%
7.15%

Principal & Interest

$1,611 /mo
$2,594 /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 $221,786 (39%)
You can enter any amount below - secondary financing will cover the difference if needed.
39%
$

You cover the entire equity of $221,786!

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

Loan Breakdown

Assumed Mortgage2.96% Sellers Rate
$353,214
Your Cash$221,786
Total Purchase Price:$575,000

Assumed vs Traditional Mortgage

Assumed @ 2.96%
$1,611/mo
Traditional @ 7.5%
$2,690/mo
You save $1,080/month ($12,955/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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