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OverviewWhat's SpecialLocationAssumption SnapshotFacts & Features
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Pending
Pending

$399,000

($5,666 down)
FHA

2302 Baily Ray Avenue, Imperial, CA 92251

4
3
1,867 sqft
PITI Monthly
$3,096.07 /mo

Listing courtesy of: Rosa Ortiz, Coldwell Banker West

Assumed Rate

7.07%
7.15%

Principal & Interest

$2,664 /mo
$2,686 /mo
$44,180 in interest paid off

What's Special

SHOPPING
ENTERTAINMENT
FENCED YARD
Come! Look at your dream home in Imperial, CA. Nestled near great schools and shopping. This amazing residence features 4 bedrooms, 3 bathrooms,
a den that could become a 5th bedroom, a 2-car garage, and an open floor plan. ALL APPLIANCES INCLUDED. INCLUDING WASHER AND DRYER! One
bedroom/bathroom is on the main level and in-home laundry is located on the upper level. Ceiling fans throughout to help A/C better production. The
home has recently been painted with neutral colors and new vinyl flooring throughout. Outside, a large concrete and fenced yard awaits, ... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
7.07
Remaining Loan Term
28 years, 5 months
Monthly PITI
$3,096.07/mo
Estimated Loan Balance
$394,363
Cash to close
$5,666
Interest Paid
$44,180

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Unknown
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: GoodCondition
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: 2016
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Curbs, Park, StreetLights, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Imperial

Financial Details

  • Price per Sqft: $213.71
  • Tax Annual Amount: $
  • On Market Date: Jul 21, 2023
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Savings Calculator

Current cash to close is $5,666 (1%)
You can enter any amount below - secondary financing will cover the difference if needed.
1%
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0%20%50%

You cover the entire equity of $5,666!

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

Loan Breakdown

Assumed Mortgage7.07% Sellers Rate
$393,334
Your Cash$5,666
Total Purchase Price:$399,000

Assumed vs Traditional Mortgage

Assumed @ 7.07%
$2,664/mo
Traditional @ 7.15%
$2,687/mo
You save $22/month ($266/year)

*Secondary financing rates are an estimated value based on input

MLS ID: PTP2303463

Listing From:

Last updated: Sep 30, 2024 06:56pm

© 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

7.07%
7.15%

Principal & Interest

$2,664 /mo
$2,686 /mo
$44,180 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 $5,666 (1%)
You can enter any amount below - secondary financing will cover the difference if needed.
1%
$
0%20%50%

You cover the entire equity of $5,666!

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

Loan Breakdown

Assumed Mortgage7.07% Sellers Rate
$393,334
Your Cash$5,666
Total Purchase Price:$399,000

Assumed vs Traditional Mortgage

Assumed @ 7.07%
$2,664/mo
Traditional @ 7.15%
$2,687/mo
You save $22/month ($266/year)

*Secondary financing rates are an estimated value based on input

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May, 17 2025

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