Jeanne(Kerry) Davidson

Jeanne(Kerry) Davidson

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Active

$695,000

($61,942 down)
FHA

1916 48th Ave, Oakland, CA 94601

N/A
N/A
sqft
PITI Monthly
$4,350.09 /mo

Listing courtesy of: Jeff Goodman, Compass

Assumed Rate

3.07%
7.15%

Principal & Interest

$2,865 /mo
$4,549 /mo

What's Special

SPACIOUS
MODERN
CHARMING
RENTAL INCOME

Discover a unique opportunity with this charming duplex, masterfully designed for flexible living arrangements. The property features two distinct units, each offering comfort and versatility. The first unit includes 2 bedrooms and 1 bathroom, while the second unit provides 2 bedrooms and 1.5 bathrooms—ideal for extended family living or generating rental income. With a combined 1,800 square feet of living space, every unit is thoughtfully crafted to ensure comfort and functionality. Nestled on a spacious 4,000 square foot lot, the home offers plenty of space for gardening and outdoor activities. Seize the chance to own an income property in a vibrant neighborhood, perfectly suited for modern living and investment potential.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.07
Remaining Loan Term
26 years, 9 months
Monthly PITI
$4,350.09/mo
Estimated Loan Balance
$636,777
Cash to close
$61,942
Interest Paid
$64,971

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms:
  • Bathrooms: 0
Cooling & Heating
  • Cooling: SeeRemarks
  • Heating: WallFurnace
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Laminate, Vinyl

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Shingle
Parking
  • Garage: No
  • Garage Spaces:
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Duplex
  • Architectural Style: Unknown
Materials
  • Stucco
  • Roof: Shingle
Condition
  • Year Built: 1900
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Oakland

Financial Details

  • Price per Sqft: $695,000
  • Tax Annual Amount: $8687.5
  • On Market Date: 2024-10-18T00:00:00.000Z
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 $61,942 (9%)
You can enter any amount below - secondary financing will cover the difference if needed.
9%
$

You cover the entire equity of $61,942!

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

Loan Breakdown

Assumed Mortgage3.07% Sellers Rate
$633,058
Your Cash$61,942
Total Purchase Price:$695,000

Assumed vs Traditional Mortgage

Assumed @ 3.07%
$2,865/mo
Traditional @ 7.15%
$4,719/mo
You save $1,854/month ($22,244/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 41076845

Listing From:

Last updated: 2025-04-25T01:14:18.000Z

© , 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

3.07%
7.15%

Principal & Interest

$2,865 /mo
$4,549 /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 $61,942 (9%)
You can enter any amount below - secondary financing will cover the difference if needed.
9%
$

You cover the entire equity of $61,942!

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

Loan Breakdown

Assumed Mortgage3.07% Sellers Rate
$633,058
Your Cash$61,942
Total Purchase Price:$695,000

Assumed vs Traditional Mortgage

Assumed @ 3.07%
$2,865/mo
Traditional @ 7.15%
$4,719/mo
You save $1,854/month ($22,244/year)

*Secondary financing rates are an estimated value based on input

Follow Us
HomeSmart
Agent/Broker
Jeanne(Kerry) DavidsonHomeSmart(602) 826-3697kerry@myagent.netMLS BR631128000

© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than HomeSmart are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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