Joanie DiMatteo-Godsey

Joanie DiMatteo-Godsey

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Active

$899,900

($210,375 down)
FHA

1430 E Michelson Street, Long Beach, CA 90805

2
2
1,360 sqft
PITI Monthly
$4,866.82 /mo

Listing courtesy of: Johanne Joly, Century 21 On Target

Assumed Rate

3%
7.15%

Principal & Interest

$3,179 /mo
$5,092 /mo

What's Special

OPEN CONCEPT
SERENE
RENOVATED
STAINLESS STEEL APPLIANCES
FIREPLACE
PATIO
CHARMING

1430 E Michelson Street… a charming "duplex" serenely tucked away on a lovely tree lined street in North Long Beach. The front home is 2 bedrooms and 1 bathroom… extensively renovated in the last 3 years, including central AC, new dual-paned windows, recessed lighting, ceiling fans, new flooring, crown moldings, open concept gourmet kitchen with stainless steel appliances, decoratively refaced living room fireplace, new wardrobe closets, plus a rolling barn door opening to a beautifully renovated bathroom with a tiled rolling door shower stall. A long gated driveway extends to a large motor-court, patio, tree shaded grounds, and a detached bonus room (hideaway retreat) currently configured with 3 bedrooms and 2 bathrooms with a rear patio. A property of incredible quality, embracing natural warmth and unbelievable possibilities.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3
Remaining Loan Term
26 years, 1 months
Monthly PITI
$4,866.82/mo
Estimated Loan Balance
$690,977
Cash to close
$210,375
Interest Paid
$84,960

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: Block, Vinyl
Roof
  • Roof: Unknown
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: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1940
Details
  • Builder:

Community & HOA

Community
  • Subdivision: North Long Beach (NLB)
  • Features: StreetLights, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Long Beach

Financial Details

  • Price per Sqft: $661.69
  • Tax Annual Amount: $11248.8
  • On Market Date: 2025-04-03T00:00:00.000Z
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 $210,375 (23%)
You can enter any amount below - secondary financing will cover the difference if needed.
23%
$

You cover the entire equity of $210,375!

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

Loan Breakdown

Assumed Mortgage3% Sellers Rate
$689,525
Your Cash$210,375
Total Purchase Price:$899,900

Assumed vs Traditional Mortgage

Assumed @ 3%
$3,179/mo
Traditional @ 7.5%
$5,282/mo
You save $2,103/month ($25,241/year)

*Secondary financing rates are an estimated value based on input

MLS ID: RS25051898

Listing From:

Last updated: 2025-04-05T00:38:33.000Z

© , 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%
7.15%

Principal & Interest

$3,179 /mo
$5,092 /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 $210,375 (23%)
You can enter any amount below - secondary financing will cover the difference if needed.
23%
$

You cover the entire equity of $210,375!

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

Loan Breakdown

Assumed Mortgage3% Sellers Rate
$689,525
Your Cash$210,375
Total Purchase Price:$899,900

Assumed vs Traditional Mortgage

Assumed @ 3%
$3,179/mo
Traditional @ 7.5%
$5,282/mo
You save $2,103/month ($25,241/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Compass
Agent/Broker
Joanie DiMatteo-GodseyCompass(480) 457-0340joanie@azhomesbyjoanie.comMLS

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