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Closed
Closed

$750,000

($396,954 down)
VA

16272 Mark Road, Madera, CA 93636

3
3
2,725 sqft
PITI Monthly
$1,802.7 /mo

Listing courtesy of: Carol Maghoney, Keller Williams Property Team

Assumed Rate

2.83%
7.15%

Principal & Interest

$1,586 /mo
$2,597 /mo
$45,761 in interest paid off

What's Special

SERENE
DINING
SPACIOUS
LUXURY
GRANITE COUNTERTOPS
STAINLESS STEEL APPLIANCES
FIREPLACE
MASTER SUITE
LANDSCAPED
Welcome to your dream home!! Built in 2006, this stunning property offers the perfect blend of luxury and country living on a spacious 2.5-acre lot.
Enjoy the following beautiful features: 2,725 square feet of living space • Bedrooms: 3 generously sized bedrooms • Bathrooms: 2 full bathrooms and 1
half bath • Interior Features: Elegant hardwood and tile floors throughout, tile and granite countertops in the kitchen with large sit down island,
beautiful oak cabinetry, a large walk in pantry, stainless steel appliances with double ovens, large dining area, stone fireplace in family ro... Show more
... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.83
Remaining Loan Term
25 years, 7 months
Monthly PITI
$1,802.7/mo
Estimated Loan Balance
$530,442
Cash to close
$396,954
Interest Paid
$45,761

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom
  • Flooring: Tile, Wood

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PrivateSewer
  • Water Source: Well
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 2006
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $275.23
  • Tax Annual Amount: $
  • On Market Date: Jul 22, 2024
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Savings Calculator

Current cash to close is $396,954 (53%)
You can enter any amount below - secondary financing will cover the difference if needed.
53%
$
0%20%50%

You cover the entire equity of $396,954!

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

Loan Breakdown

Assumed Mortgage2.83% Sellers Rate
$353,046
Your Cash:$396,954
Total Purchase Price:$750,000

Assumed vs Traditional Mortgage

Assumed @ 2.83%
$1,586/mo
Traditional @ 7.15%
$2,694/mo
You save $1,108/month ($13,293/year)

*Secondary financing rates are an estimated value based on input

MLS ID: MC24144779

Listing From:

Last updated: Dec 05, 2024 03:40am

© 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

2.83%
7.15%

Principal & Interest

$1,586 /mo
$2,597 /mo
$45,761 in interest paid off
Inquire about this property
​
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​
​
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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 $396,954 (53%)
You can enter any amount below - secondary financing will cover the difference if needed.
53%
$
0%20%50%

You cover the entire equity of $396,954!

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

Loan Breakdown

Assumed Mortgage2.83% Sellers Rate
$353,046
Your Cash:$396,954
Total Purchase Price:$750,000

Assumed vs Traditional Mortgage

Assumed @ 2.83%
$1,586/mo
Traditional @ 7.15%
$2,694/mo
You save $1,108/month ($13,293/year)

*Secondary financing rates are an estimated value based on input

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May, 16 2025

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