Jay Sobarnia

Jay Sobarnia

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$275,000

($83,566 down)
FHA

510 Decatur Street, Bakersfield, CA 93308

3
2
896 sqft
PITI Monthly
$1,738.1 /mo

Listing courtesy of: William Gordon, Watson Realty

Assumed Rate

6.27%
7.15%

Principal & Interest

$1,212 /mo
$1,326 /mo

What's Special

DINING
SPACIOUS
PATIO

Nice looking 2-bedroom, 1.5 bath main home in Oildale with a beautifully finished detached studio / mother-in-law quarters. This is a perfect home for an investor or first-time buyer. It is zoned R-3 with tons of potential. There is a family room, formal dining room, laundry room and laminate flooring throughout much of the home. The backyard is spacious with lots of grass, two storage sheds and alley/RV access. The fully fenced front yard has been well-maintained and has a large grass area and a covered patio. Come take a look at this home before it is gone.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.27
Remaining Loan Term
27 years, 11 months
Monthly PITI
$1,738.1/mo
Estimated Loan Balance
$191,644
Cash to close
$83,566
Interest Paid
$25,349

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: EvaporativeCooling
  • Heating: SpaceHeater
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: No
  • Garage Spaces: 0
  • 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: Unknown
Condition
  • Year Built: 1934
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Bakersfield

Financial Details

  • Price per Sqft: $306.92
  • Tax Annual Amount: $3437.5
  • On Market Date: 2025-04-14T00:00:00.000Z
Inquire about this property

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 $83,566 (30%)
You can enter any amount below - secondary financing will cover the difference if needed.
30%
$

You cover the entire equity of $83,566!

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

Loan Breakdown

Assumed Mortgage6.27% Sellers Rate
$191,434
Your Cash$83,566
Total Purchase Price:$275,000

Assumed vs Traditional Mortgage

Assumed @ 6.27%
$1,212/mo
Traditional @ 7.15%
$1,376/mo
You save $164/month ($1,969/year)

*Secondary financing rates are an estimated value based on input

MLS ID: V1-29338

Listing From:

Last updated: 2025-04-16T12:23:51.000Z

© , 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

6.27%
7.15%

Principal & Interest

$1,212 /mo
$1,326 /mo
Inquire about this property

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 $83,566 (30%)
You can enter any amount below - secondary financing will cover the difference if needed.
30%
$

You cover the entire equity of $83,566!

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

Loan Breakdown

Assumed Mortgage6.27% Sellers Rate
$191,434
Your Cash$83,566
Total Purchase Price:$275,000

Assumed vs Traditional Mortgage

Assumed @ 6.27%
$1,212/mo
Traditional @ 7.15%
$1,376/mo
You save $164/month ($1,969/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Home Smart Advantage
Agent/Broker
Jay SobarniaHome Smart Advantage(520) 500-9515jay@tucsonlistingagent.comMLS SA696671000

© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than Home Smart Advantage are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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