Dan Kaercher

Dan Kaercher

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Closed

$319,999

($37,518 down)
FHA

902 W 20th Street, Merced, CA 95340

2
1
1,378 sqft
PITI Monthly
$2,126.98 /mo

Listing courtesy of: Danielle Ortega, London Properties Ltd - Merced

Assumed Rate

4.17%
7.15%

Principal & Interest

$1,435 /mo
$1,990 /mo

What's Special

LOCATION
SHOPPING
SPACIOUS
MODERN
HARDWOOD FLOORS
PUBLIC TRANSPORTATION
HISTORIC
COZY

OWNED SOLAR!!! AND ON-DEMAND HOT WATER HEATER! Welcome to the historic charm of downtown Merced! Nestled in a prime location, this captivating 1917-built home offers timeless elegance and modern convenience. Step inside to discover the allure of hardwood floors that grace the spacious living areas, enhancing the character of every room. With 2 bedrooms and 1 bathroom, this cozy home is perfect for those seeking a blend of comfort and style. Admire the craftsmanship of the many built-in accents throughout, adding both functionality and charm. Prime proximity to shopping, medical facilities, restaurants, and public transportation hubs. Outside, a generous backyard awaits, providing ample space for relaxation or entertaining guests. Positioned on a corner lot with alley access in the back, the potential for expansion or additional dwelling unit conversion is enticing, with the possibility of transforming the garage into an ADU (Accessory Dwelling Unit). Experience the allure of downtown living in this timeless gem. Don't miss the opportunity to make this your dream home in the heart of Merced. Schedule your showing today and embark on a journey to urban living at its finest!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.17
Remaining Loan Term
27 years, 1 months
Monthly PITI
$2,126.98/mo
Estimated Loan Balance
$300,569
Cash to close
$37,518
Interest Paid
$34,942

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: CentralAir
  • Heating: ForcedAir, Wood
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Carpet, Tile, Vinyl, Wood

Exterior

Fencing
  • Fencing: Wood
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: Craftsman
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1917
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $232.22
  • Tax Annual Amount: $3999.99
  • On Market Date: 2024-04-13T00:00:00.000Z
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 $37,518 (12%)
You can enter any amount below - secondary financing will cover the difference if needed.
12%
$

You cover the entire equity of $37,518!

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

Loan Breakdown

Assumed Mortgage4.17% Sellers Rate
$282,481
Your Cash$37,518
Total Purchase Price:$319,999

Assumed vs Traditional Mortgage

Assumed @ 4.17%
$1,435/mo
Traditional @ 7.5%
$2,064/mo
You save $628/month ($7,540/year)

*Secondary financing rates are an estimated value based on input

MLS ID: MC24073637

Listing From:

Last updated: 2024-09-01T13:23:56.000Z

© , 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

4.17%
7.15%

Principal & Interest

$1,435 /mo
$1,990 /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 $37,518 (12%)
You can enter any amount below - secondary financing will cover the difference if needed.
12%
$

You cover the entire equity of $37,518!

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

Loan Breakdown

Assumed Mortgage4.17% Sellers Rate
$282,481
Your Cash$37,518
Total Purchase Price:$319,999

Assumed vs Traditional Mortgage

Assumed @ 4.17%
$1,435/mo
Traditional @ 7.5%
$2,064/mo
You save $628/month ($7,540/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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