Jeanne(Kerry) Davidson

Jeanne(Kerry) Davidson

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$365,000

($77,590 down)
VA

7516 Fairway Two Avenue, Fair Oaks, CA 95628

3
2
1,398 sqft
PITI Monthly
$1,489.86 /mo

Listing courtesy of: Dan Ellison, GUIDE Real Estate

Assumed Rate

3.08%
7.15%

Principal & Interest

$1,340 /mo
$2,125 /mo

What's Special

LOCATION
SHOPPING
DINING
PATIO
COMMUNITY POOL
CHARMING

VA assumable loan at 2.25%! Prime location and thoughtful updates. Welcome to 7516 Fairway Two Avenue - Home features a Charming 3 Bedroom, 1 1/2 Bath Home in Desirable Fair Oaks. Location, Location, Location! Nestled in a sought-after neighborhood just minutes from Northridge Golf Course. This home offers convenient access to all the dining delights of Old Town Fair Oaks, the scenic American River bike trails, and the Nimbus Aquatic Center, nearby shopping and located in a highly rated school district! Covered patio and 2 dedicated parking spots and lots of storage. Enjoy warm summer days in the community pool area. Don't miss this opportunity to own a beautifully updated home in Fair Oaks.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.08
Remaining Loan Term
26 years, 1 months
Monthly PITI
$1,489.86/mo
Estimated Loan Balance
$289,207
Cash to close
$77,590
Interest Paid
$36,412

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central
  • Heating: Central
Features
  • Materials: Brick, Frame, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features:
  • Flooring: Tile, Vinyl

Exterior

Fencing
  • Fencing:
Roof
  • Roof: Other
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces: 0
Water
  • Sewer: In & Connected
  • Water Source: Meter on Site, Public
Pool
  • Has Pool: Yes
  • Pool Features: Common Facility

Construction

Type & Style
  • Stories: 0
  • Home type: Townhouse
  • Architectural Style:
Materials
  • Brick, Frame, Wood Siding
  • Roof: Other
Condition
  • Year Built: 1972
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features:
HOA
  • Has HOA: Yes
  • HOA Name:
  • HOA Amenities: Unknown
  • HOA Fee: $420
  • HOA Frequency: $Monthly
Location
  • Region: Fair Oaks

Financial Details

  • Price per Sqft: $261.09
  • Tax Annual Amount: $
  • On Market Date: 2025-04-23T08:02:21.000Z
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 $77,590 (21%)
You can enter any amount below - secondary financing will cover the difference if needed.
21%
$

You cover the entire equity of $77,590!

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

Loan Breakdown

Assumed Mortgage3.08% Sellers Rate
$287,410
Your Cash$77,590
Total Purchase Price:$365,000

Assumed vs Traditional Mortgage

Assumed @ 3.08%
$1,340/mo
Traditional @ 7.15%
$2,204/mo
You save $864/month ($10,368/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 225038524

Listing From: MLS Metrolist

Last updated: 2025-04-08T20:21:38.000Z

© , 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

3.08%
7.15%

Principal & Interest

$1,340 /mo
$2,125 /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 $77,590 (21%)
You can enter any amount below - secondary financing will cover the difference if needed.
21%
$

You cover the entire equity of $77,590!

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

Loan Breakdown

Assumed Mortgage3.08% Sellers Rate
$287,410
Your Cash$77,590
Total Purchase Price:$365,000

Assumed vs Traditional Mortgage

Assumed @ 3.08%
$1,340/mo
Traditional @ 7.15%
$2,204/mo
You save $864/month ($10,368/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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