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Closed
Closed

$469,000

($288,741 down)
FHA

1250 16th Street, Ely, NV 89301

5
3
2,778 sqft
PITI Monthly
$1,834.57 /mo

Listing courtesy of: Sonja Almberg, Desert Mountain Realty, Inc

Assumed Rate

4.76%
7.15%

Principal & Interest

$1,312 /mo
$1,696 /mo
$145,936 in interest paid off

What's Special

DINING
STAINLESS STEEL APPLIANCES
VAULTED CEILINGS
PATIO
CURRENTLY PRICED TO SELL AT $169/SQ FT! Mountain View Subdivision home. 5 bed 3 bath home with 1503 sq. ft. of living space on the main floor
and 1275 sq. ft. of living space in the basement. Many upgrades have been made to the home, such as can lighting, new cabinet faces in the kitchen
and newly poured concrete patio in the back yard, new windows, new front door. Kitchen offers stainless steel appliances, built in microwave and tile
flooring. Kitchen is open to dining room and living room. From the dining room you walk out to the sunroom that leads to a the patio with ... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.76
Remaining Loan Term
15 years, 11 months
Monthly PITI
$1,834.57/mo
Estimated Loan Balance
$180,853
Cash to close
$288,741
Interest Paid
$145,936

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir, Electric, HighEfficiency
  • Heating: Central, Electric, Zoned
Features
  • Materials: Drywall
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom, WoodBurning
  • Flooring: Carpet, Laminate, Tile

Exterior

Fencing
  • Fencing: Partial, Vinyl
Roof
  • Roof: Composition, Shingle
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: SingleFamilyResidence
  • Architectural Style: OneStory
Materials
  • Drywall
  • Roof: Composition, Shingle
Condition
  • Year Built: 1994
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Mountain View Sub
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Ely

Financial Details

  • Price per Sqft: $168.83
  • Tax Annual Amount: $2141
  • On Market Date: Aug 06, 2024
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Savings Calculator

Current cash to close is $288,741 (62%)
You can enter any amount below - secondary financing will cover the difference if needed.
62%
$
0%20%50%

You cover the entire equity of $288,741!

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

Loan Breakdown

Assumed Mortgage4.76% Sellers Rate
$180,259
Your Cash:$288,741
Total Purchase Price:$469,000

Assumed vs Traditional Mortgage

Assumed @ 4.76%
$1,312/mo
Traditional @ 7.15%
$1,759/mo
You save $448/month ($5,375/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 2591198

Listing From:

Last updated: Jul 26, 2024 09:03pm

© 2025, GLVAR. 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

4.76%
7.15%

Principal & Interest

$1,312 /mo
$1,696 /mo
$145,936 in interest paid off
Inquire about this property
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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 $288,741 (62%)
You can enter any amount below - secondary financing will cover the difference if needed.
62%
$
0%20%50%

You cover the entire equity of $288,741!

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

Loan Breakdown

Assumed Mortgage4.76% Sellers Rate
$180,259
Your Cash:$288,741
Total Purchase Price:$469,000

Assumed vs Traditional Mortgage

Assumed @ 4.76%
$1,312/mo
Traditional @ 7.15%
$1,759/mo
You save $448/month ($5,375/year)

*Secondary financing rates are an estimated value based on input

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May, 15 2025

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