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Closed
Closed

$277,500

($36,216 down)
FHA

14736 Colter Way, Magalia, CA 95954

3
2
1,255 sqft
PITI Monthly
$1,409.57 /mo

Listing courtesy of: Carly Wolf, Re/Max of Chico

Assumed Rate

2.81%
7.15%

Principal & Interest

$1,075 /mo
$1,764 /mo
$28,645 in interest paid off

What's Special

OPEN CONCEPT
FIREPLACE
EN SUITE BATHROOM
DECK
This home sits right in the heart of Magalia on a half an acre lot. The living room features a beautiful stone fireplace. With an open concept floorplan,
you can enjoy cooking in the kitchen while entertaining in the living room. It has a separate laundry room to make chores quite convenient. This home
offers two guest bedrooms and a guest bathroom, along with a bedroom and en suite bathroom. Enjoy the outdoors with a small putting green in the
front, and a large deck in the back.
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.81
Remaining Loan Term
25 years, 11 months
Monthly PITI
$1,409.57/mo
Estimated Loan Balance
$242,299
Cash to close
$36,216
Interest Paid
$28,645

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: BoardAndBattenSiding, Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Laminate

Exterior

Fencing
  • Fencing: Wood
Roof
  • Roof: Shingle
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: SepticTank
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Ranch
Materials
  • BoardAndBattenSiding, Stucco
  • Roof: Shingle
Condition
  • Year Built: 1981
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Mountainous
HOA
  • Has HOA: No
Location
  • Region: Magalia

Financial Details

  • Price per Sqft: $221.12
  • Tax Annual Amount: $
  • On Market Date: Jul 13, 2024
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Savings Calculator

Current cash to close is $36,216 (13%)
You can enter any amount below - secondary financing will cover the difference if needed.
13%
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0%20%50%

You cover the entire equity of $36,216!

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

Loan Breakdown

Assumed Mortgage2.81% Sellers Rate
$241,284
Your Cash$36,216
Total Purchase Price:$277,500

Assumed vs Traditional Mortgage

Assumed @ 2.81%
$1,075/mo
Traditional @ 7.15%
$1,830/mo
You save $755/month ($9,063/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SN24143415

Listing From:

Last updated: Dec 10, 2024 11:52pm

© 2025, 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

2.81%
7.15%

Principal & Interest

$1,075 /mo
$1,764 /mo
$28,645 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.

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Savings Calculator

Current cash to close is $36,216 (13%)
You can enter any amount below - secondary financing will cover the difference if needed.
13%
$
0%20%50%

You cover the entire equity of $36,216!

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

Loan Breakdown

Assumed Mortgage2.81% Sellers Rate
$241,284
Your Cash$36,216
Total Purchase Price:$277,500

Assumed vs Traditional Mortgage

Assumed @ 2.81%
$1,075/mo
Traditional @ 7.15%
$1,830/mo
You save $755/month ($9,063/year)

*Secondary financing rates are an estimated value based on input

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May, 15 2025

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