Joanie DiMatteo-Godsey

Joanie DiMatteo-Godsey

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$300,000

($194,635 down)
FHA

44916 Mountain Meadow Road, Oakhurst, CA 93644

2
1
1,120 sqft
PITI Monthly
$1,912.14 /mo

Listing courtesy of: Justin Barigian, Realty Concepts, Ltd.

Assumed Rate

5.59%
7.15%

Principal & Interest

$1,290 /mo
$1,520 /mo

What's Special

LOCATION
SERENE
FIREPLACE
WATERFRONT
COZY
SECOND HOME

Investor Special!! This fixer is just waiting for the right vision to bring it back to life. This cozy 2 bed, 1 bathroom, 1120 sq ft cabin boasts a central location in Cedar Valley and has all the charm you are looking for. With vaulted tongue and groove ceilings, an expansive, beautiful fireplace and a gentle sloping landscape, there is much to get excited about on this lot at just over a half acre. Nestled in Cedar Valley right by the fire department, you'll love how easily accessible this home is to downtown Oakhurst (15 mins), Bass Lake (15 mins) and the south gate at Yosemite National Park (20 mins). With a little cleanup along the shoreline at the community pond, you'll enjoy waterfront access without having to leave your property! Create your new investment property or your second home in this highly sought after community. With some vision and elbow grease, this cabin has all the makings of a serene mountain getaway. Come check it out and lets dream together!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.59
Remaining Loan Term
8 years, 7 months
Monthly PITI
$1,912.14/mo
Estimated Loan Balance
$143,455
Cash to close
$194,635
Interest Paid
$211,961

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: WoodSiding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom, WoodBurning, ZeroClearance
  • Flooring: Concrete, Vinyl

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition, Shingle
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: SepticTank
  • Water Source: SharedWell
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Custom
Materials
  • WoodSiding
  • Roof: Composition, Shingle
Condition
  • Year Built: 1960
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Biking, Foothills, Hiking, NearNationalForest, Rural, Fishing
HOA
  • Has HOA: No
Location
  • Region: Oakhurst

Financial Details

  • Price per Sqft: $267.86
  • Tax Annual Amount: $3750
  • On Market Date: 2025-04-03T00:00:00.000Z
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 $194,635 (65%)
You can enter any amount below - secondary financing will cover the difference if needed.
65%
$

You cover the entire equity of $194,635!

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

Loan Breakdown

Assumed Mortgage5.59% Sellers Rate
$105,365
Your Cash:$194,635
Total Purchase Price:$300,000

Assumed vs Traditional Mortgage

Assumed @ 5.59%
$1,290/mo
Traditional @ 7.5%
$1,576/mo
You save $286/month ($3,433/year)

*Secondary financing rates are an estimated value based on input

MLS ID: FR25072984

Listing From:

Last updated: 2025-04-03T23:57:27.000Z

© , 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

5.59%
7.15%

Principal & Interest

$1,290 /mo
$1,520 /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 $194,635 (65%)
You can enter any amount below - secondary financing will cover the difference if needed.
65%
$

You cover the entire equity of $194,635!

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

Loan Breakdown

Assumed Mortgage5.59% Sellers Rate
$105,365
Your Cash:$194,635
Total Purchase Price:$300,000

Assumed vs Traditional Mortgage

Assumed @ 5.59%
$1,290/mo
Traditional @ 7.5%
$1,576/mo
You save $286/month ($3,433/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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