Joanie DiMatteo-Godsey

Joanie DiMatteo-Godsey

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Closed

$360,000

($163,449 down)
FHA

2869 N G Street, San Bernardino, CA 92405

3
3
1,057 sqft
PITI Monthly
$1,189.06 /mo

Listing courtesy of: Sequoia Neff, Treehouse Realty Group INC.

Assumed Rate

2.83%
7.15%

Principal & Interest

$887 /mo
$1,452 /mo

What's Special

INVESTORS
CHARMING
INCOME POTENTIAL
RENTAL INCOME

2-Bedroom Home with Incomplete ADU in San Bernardino Discover the potential of this charming 2-bedroom, 1-bath home, offering 1,057 square feet of space and an excellent renovation opportunity! This property is perfect for those looking to put their personal stamp on a home or investors seeking a project. Inside, you'll find a welcoming living area that flows into the kitchen, ready for your updates. While the home requires some TLC, it boasts a solid foundation to build upon. One of the standout features of this property is the incomplete Accessory Dwelling Unit (ADU), presenting an exciting opportunity to create additional living space, an office, or rental income potential. Imagine the possibilities with this extra space! The home sits on 6,638 square feet of land, boasting a large backyard with potential to build a second ADU. Situated in a friendly neighborhood, you’ll enjoy easy access to local amenities, parks, and schools. Whether you're looking to renovate for personal use or invest for the future, this property is a blank canvas ready for your vision. Schedule your viewing today and unlock the full potential of this San Bernardino gem!

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Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.83
Remaining Loan Term
25 years, 9 months
Monthly PITI
$1,189.06/mo
Estimated Loan Balance
$203,090
Cash to close
$163,449
Interest Paid
$24,670

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Ductless
  • Heating: Ductless
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Vinyl

Exterior

Fencing
  • Fencing: Brick
Roof
  • Roof: Shingle
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: Cottage
Materials
  • Unknown
  • Roof: Shingle
Condition
  • Year Built: 1938
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Biking, Suburban
HOA
  • Has HOA: No
Location
  • Region: San Bernardino

Financial Details

  • Price per Sqft: $340.59
  • Tax Annual Amount: $
  • On Market Date: 2024-10-15T00:00:00.000Z
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 $163,449 (45%)
You can enter any amount below - secondary financing will cover the difference if needed.
45%
$

You cover the entire equity of $163,449!

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

Loan Breakdown

Assumed Mortgage2.83% Sellers Rate
$196,551
Your Cash$163,449
Total Purchase Price:$360,000

Assumed vs Traditional Mortgage

Assumed @ 2.83%
$887/mo
Traditional @ 7.5%
$1,506/mo
You save $619/month ($7,432/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SW24209410

Listing From:

Last updated: 2024-12-05T04:35:45.000Z

© , 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

2.83%
7.15%

Principal & Interest

$887 /mo
$1,452 /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 $163,449 (45%)
You can enter any amount below - secondary financing will cover the difference if needed.
45%
$

You cover the entire equity of $163,449!

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

Loan Breakdown

Assumed Mortgage2.83% Sellers Rate
$196,551
Your Cash$163,449
Total Purchase Price:$360,000

Assumed vs Traditional Mortgage

Assumed @ 2.83%
$887/mo
Traditional @ 7.5%
$1,506/mo
You save $619/month ($7,432/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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