Dan Kaercher

Dan Kaercher

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Closed

$428,500

($78,433 down)
FHA

796 Marcus Court, Merced, CA 95341

4
2
1,862 sqft
PITI Monthly
$2,627.45 /mo

Listing courtesy of: Damaris Lambrecht, Realty Concepts, Ltd.

Assumed Rate

6.43%
7.15%

Principal & Interest

$2,226 /mo
$2,396 /mo

What's Special

LANDSCAPED
CUL-DE-SAC
EFFICIENT

Discover your ideal home in the highly desirable Cypress Terrace community! This pristine 2023 Kensington model, is barely lived-in and located on a premium cul-de-sac lot, adding privacy and a peaceful atmosphere with minimal through-traffic. Step inside to find 4 generously sized bedrooms and 2 beautifully appointed bathrooms. One of the bedrooms is isolated from the rest and can double as an office or a guest/flex room. The open-concept kitchen design is perfect for both entertaining and everyday comfort, with ample storage space, granite counters, built in microwave, and pantry closet. While the energy-efficient leased solar system and tankless water heater ensure both sustainability and convenience. Window blinds have been installed throughout the house and the yard meticulously landscaped, featuring automatic sprinklers in both the front and back for effortless upkeep. Don't miss this opportunity to own a nearly-new home that combines comfort, convenience, and quick highway access for daily commuters.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.43
Remaining Loan Term
28 years, 3 months
Monthly PITI
$2,627.45/mo
Estimated Loan Balance
$353,138
Cash to close
$78,433
Interest Paid
$39,543

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Unknown
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition
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: Unknown
Materials
  • Unknown
  • Roof: Composition
Condition
  • Year Built: 2023
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Urban
HOA
  • Has HOA: No
Location
  • Region: Merced

Financial Details

  • Price per Sqft: $230.13
  • Tax Annual Amount: $
  • On Market Date: 2024-09-03T00:00:00.000Z
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 $78,433 (18%)
You can enter any amount below - secondary financing will cover the difference if needed.
18%
$

You cover the entire equity of $78,433!

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

Loan Breakdown

Assumed Mortgage6.43% Sellers Rate
$350,067
Your Cash$78,433
Total Purchase Price:$428,500

Assumed vs Traditional Mortgage

Assumed @ 6.43%
$2,226/mo
Traditional @ 7.5%
$2,486/mo
You save $259/month ($3,113/year)

*Secondary financing rates are an estimated value based on input

MLS ID: FR24182602

Listing From:

Last updated: 2024-11-14T16:00:58.000Z

© , 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

6.43%
7.15%

Principal & Interest

$2,226 /mo
$2,396 /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 $78,433 (18%)
You can enter any amount below - secondary financing will cover the difference if needed.
18%
$

You cover the entire equity of $78,433!

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

Loan Breakdown

Assumed Mortgage6.43% Sellers Rate
$350,067
Your Cash$78,433
Total Purchase Price:$428,500

Assumed vs Traditional Mortgage

Assumed @ 6.43%
$2,226/mo
Traditional @ 7.5%
$2,486/mo
You save $259/month ($3,113/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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