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$250,000

($212,927 down)
FHA

4331 Sunset Avenue, Clearlake, CA 95422

2
1
876 sqft
PITI Monthly
$921.74 /mo

Listing courtesy of: Jessica Hooten, Luxe Places International Realty

Assumed Rate

4.5%
7.15%

Principal & Interest

$449 /mo
$598 /mo
$66,724 in interest paid off

What's Special

ENTERTAINMENT
DINING
SPACIOUS
PATIO
CHARMING
Charming home with potential for expansion. This residence exudes earthy charm with its wooden plank ceilings and a well-lit bonus room accessible
from the rear patio. Upon entering, you're greeted by an open floor plan that encompasses the living area, dining space, and kitchen. A full bathroom
and two bedrooms are situated down the hallway. The property features a versatile bonus room, perfect as a third bedroom, office, gym, or art studio.
The backyard boasts a spacious covered concrete patio, two storage sheds, and an expansive side yard ready for gardening, raising anim... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.5
Remaining Loan Term
7 years, 7 months
Monthly PITI
$921.74/mo
Estimated Loan Balance
$39,210
Cash to close
$212,927
Interest Paid
$66,724

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: EvaporativeCooling
  • Heating: Propane
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Laminate

Exterior

Fencing
  • Fencing: GoodCondition
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Composition
Condition
  • Year Built: 1962
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: DogPark, Foothills, Gutters, Hiking, Hunting, Lake, Mountainous, Park, Rural, WaterSports, Fishing
HOA
  • Has HOA: No
Location
  • Region: Clearlake

Financial Details

  • Price per Sqft: $285.39
  • Tax Annual Amount: $3125
  • On Market Date: Jul 26, 2024
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Savings Calculator

Current cash to close is $212,927 (85%)
You can enter any amount below - secondary financing will cover the difference if needed.
85%
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0%20%50%

You cover the entire equity of $212,927!

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

Loan Breakdown

Assumed Mortgage4.5% Sellers Rate
$37,073
Your Cash:$212,927
Total Purchase Price:$250,000

Assumed vs Traditional Mortgage

Assumed @ 4.5%
$449/mo
Traditional @ 7.15%
$621/mo
You save $172/month ($2,062/year)

*Secondary financing rates are an estimated value based on input

MLS ID: LC24153778

Listing From:

Last updated: May 09, 2025 04:21pm

© 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

4.5%
7.15%

Principal & Interest

$449 /mo
$598 /mo
$66,724 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 $212,927 (85%)
You can enter any amount below - secondary financing will cover the difference if needed.
85%
$
0%20%50%

You cover the entire equity of $212,927!

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

Loan Breakdown

Assumed Mortgage4.5% Sellers Rate
$37,073
Your Cash:$212,927
Total Purchase Price:$250,000

Assumed vs Traditional Mortgage

Assumed @ 4.5%
$449/mo
Traditional @ 7.15%
$621/mo
You save $172/month ($2,062/year)

*Secondary financing rates are an estimated value based on input

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May, 17 2025

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