Jeanne(Kerry) Davidson

Jeanne(Kerry) Davidson

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$549,000

($249,648 down)
FHA

3980 Sand Ridge Road, Placerville, CA 95667

3
2
1,704 sqft
PITI Monthly
$1,949.85 /mo

Listing courtesy of: Lori A Holzer, eXp Realty of California, Inc.

Assumed Rate

3.69%
7.15%

Principal & Interest

$1,545 /mo
$2,270 /mo

What's Special

INVESTORS
DINING
SPACIOUS
GRANITE COUNTERTOPS
STAINLESS STEEL APPLIANCES
BREAKFAST NOOK
WALK-IN CLOSET
SOAKING TUB
COZY
INCOME POTENTIAL
RENTAL INCOME
SECOND HOME

THERES AN ASSUMABLE LOAN WITH INTEREST RATE 2.875%. 2 HOMES ON ONE LOT. This remarkable 5-acre property offers a unique multi-generational living opportunity with two homes on one lot, providing both versatility and income potential. The main home, 3 - (4) bedrooms, 3 baths that is tastefully updated, features a bright and open kitchen with granite countertops, stainless steel appliances, a breakfast nook, and a dining bar. A cozy wood-burning stove enhances the home's charm, while two primary suites add flexibility, one with a kitchenette and the other with a luxurious soaking tub within a spacious enclosed shower, double sinks, and a walk-in closet. The expansive property offers ample space for a pool, garden, or other outdoor amenities. The second home 1198 sq ft and is a 3-bedroom, 2-bath manufactured home with a private entrance and seperate address, It is currently rented (month to month). Both homes have separate electricity and septic systems, while sharing a well with a holding tank. Fully electric, this property is ideal for families seeking multi-generational living or investors pursuing rental income opportunities.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.69
Remaining Loan Term
24 years, 8 months
Monthly PITI
$1,949.85/mo
Estimated Loan Balance
$303,059
Cash to close
$249,648
Interest Paid
$62,762

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Ceiling Fan(s), Central
  • Heating: Central, Electric
Features
  • Materials: Cement Siding, Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Living Room, Wood Burning
  • Flooring: Carpet, Laminate

Exterior

Fencing
  • Fencing: Partial
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces: 0
Water
  • Sewer: Septic System
  • Water Source: Well
Pool
  • Has Pool: No
  • Pool Features:

Construction

Type & Style
  • Stories: 0
  • Home type: 2 Houses on Lot
  • Architectural Style:
Materials
  • Cement Siding, Frame
  • Roof: Composition
Condition
  • Year Built: 1977
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Placerville

Financial Details

  • Price per Sqft: $322.18
  • Tax Annual Amount: $
  • On Market Date: 2025-04-23T01:02:40.000Z
Inquire about this property

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Savings Calculator

Current cash to close is $249,648 (45%)
You can enter any amount below - secondary financing will cover the difference if needed.
45%
$

You cover the entire equity of $249,648!

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

Loan Breakdown

Assumed Mortgage3.69% Sellers Rate
$299,352
Your Cash$249,648
Total Purchase Price:$549,000

Assumed vs Traditional Mortgage

Assumed @ 3.69%
$1,545/mo
Traditional @ 7.15%
$2,355/mo
You save $810/month ($9,715/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 225004477

Listing From: MLS Metrolist

Last updated: 2025-02-26T02:53:39.000Z

© , MLS Metrolist. 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

3.69%
7.15%

Principal & Interest

$1,545 /mo
$2,270 /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 $249,648 (45%)
You can enter any amount below - secondary financing will cover the difference if needed.
45%
$

You cover the entire equity of $249,648!

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

Loan Breakdown

Assumed Mortgage3.69% Sellers Rate
$299,352
Your Cash$249,648
Total Purchase Price:$549,000

Assumed vs Traditional Mortgage

Assumed @ 3.69%
$1,545/mo
Traditional @ 7.15%
$2,355/mo
You save $810/month ($9,715/year)

*Secondary financing rates are an estimated value based on input

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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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