Jeanne(Kerry) Davidson

Jeanne(Kerry) Davidson

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$859,999

($331,534 down)
FHA

8129 Rancho Poderoso Road, Paramount, CA 90723

4
3
1,658 sqft
PITI Monthly
$4,525.57 /mo

Listing courtesy of: Doris Morejon, Excellence RE Real Estate

Assumed Rate

5.22%
7.15%

Principal & Interest

$3,024 /mo
$3,711 /mo

What's Special

REMODELED
DINING
FIREPLACE
MASTER SUITE
CUL-DE-SAC
COZY

This beautiful two-story home is situated on a private cul-de-sac, bordering the desirable city of Downey. It features a unique circular floor plan, with the dining room opening into the family room and a custom kitchen that leads to a cozy sitting area complete with a fireplace. A recently remodeled bathroom and garage space were arranged for additional living space, and an added bonus room that could be used as an office or bedroom. A drop-down ladder for attic storage was also added in the garage. Upstairs, you will find four bedrooms, including an oversized master suite with high ceilings, a vanity space, and dual sinks. Enjoy the privacy of being the last house on the cul-de-sac. The home is centrally located near the 105, 710, and 605 freeways, just minutes from Long Beach and downtown Los Angeles. This property is an excellent family home and a must-see!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.22
Remaining Loan Term
27 years, 6 months
Monthly PITI
$4,525.57/mo
Estimated Loan Balance
$567,472
Cash to close
$331,534
Interest Paid
$70,454

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Kitchen
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1987
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: StreetLights
HOA
  • Has HOA: No
Location
  • Region: Paramount

Financial Details

  • Price per Sqft: $518.7
  • Tax Annual Amount: $10750
  • On Market Date: 2025-04-21T00:00:00.000Z
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 $331,534 (39%)
You can enter any amount below - secondary financing will cover the difference if needed.
39%
$

You cover the entire equity of $331,534!

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

Loan Breakdown

Assumed Mortgage5.22% Sellers Rate
$528,465
Your Cash$331,534
Total Purchase Price:$859,999

Assumed vs Traditional Mortgage

Assumed @ 5.22%
$3,024/mo
Traditional @ 7.15%
$3,849/mo
You save $825/month ($9,906/year)

*Secondary financing rates are an estimated value based on input

MLS ID: DW25087480

Listing From:

Last updated: 2025-04-22T17:48:13.000Z

© , 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

5.22%
7.15%

Principal & Interest

$3,024 /mo
$3,711 /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 $331,534 (39%)
You can enter any amount below - secondary financing will cover the difference if needed.
39%
$

You cover the entire equity of $331,534!

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

Loan Breakdown

Assumed Mortgage5.22% Sellers Rate
$528,465
Your Cash$331,534
Total Purchase Price:$859,999

Assumed vs Traditional Mortgage

Assumed @ 5.22%
$3,024/mo
Traditional @ 7.15%
$3,849/mo
You save $825/month ($9,906/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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