Cheryl Riley

Cheryl Riley

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$519,951

($187,446 down)
FHA

3308 Lighthouse Court, Atwater, CA 95301

3
3
2,061 sqft
PITI Monthly
$4,294.8 /mo

Listing courtesy of: Jairo Aguilar, CA Real Estate Services

Assumed Rate

5.95%
7.15%

Principal & Interest

$3,206 /mo
$3,631 /mo

What's Special

SPACIOUS
BALCONY
LAKE VIEWS

Front row seat to sunsets on the lake! This 3-bedroom, 2.5-bath, two-story home offers 2,061 sqft of comfortable living space with an open layout that makes the most of the beautiful lake views. The main living area is light, bright, and open with high ceilings. Upstairs, you will find the three spacious bedrooms and a primary bedroom, with amazing balcony views. If you're looking for a place that feels like home and lives like a getaway, this one’s worth a look.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.95
Remaining Loan Term
12 years, 3 months
Monthly PITI
$4,294.8/mo
Estimated Loan Balance
$682,052
Cash to close
$187,446
Interest Paid
$479,308

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Unknown
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Carpet, Stone

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • 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
  • Stucco
  • Roof: Tile
Condition
  • Year Built: 1994
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Lake, Sidewalks
HOA
  • Has HOA: Yes
  • HOA Name: Shaffer Lakes
  • HOA Amenities: Unknown
  • HOA Fee: $140.56
  • HOA Frequency: $Monthly
Location
  • Region: Atwater

Financial Details

  • Price per Sqft: $252.28
  • Tax Annual Amount: $6499.39
  • On Market Date: 2025-04-07T00:00:00.000Z
Inquire about this property

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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 $187,446 (36%)
You can enter any amount below - secondary financing will cover the difference if needed.
36%
$

You cover the entire equity of $187,446!

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

Loan Breakdown

Assumed Mortgage5.95% Sellers Rate
$332,505
Your Cash$187,446
Total Purchase Price:$519,951

Assumed vs Traditional Mortgage

Assumed @ 5.95%
$3,206/mo
Traditional @ 7.15%
$3,766/mo
You save $560/month ($6,725/year)

*Secondary financing rates are an estimated value based on input

MLS ID: MC25075507

Listing From:

Last updated: 2025-04-12T23:37:15.000Z

© , 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

5.95%
7.15%

Principal & Interest

$3,206 /mo
$3,631 /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 $187,446 (36%)
You can enter any amount below - secondary financing will cover the difference if needed.
36%
$

You cover the entire equity of $187,446!

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

Loan Breakdown

Assumed Mortgage5.95% Sellers Rate
$332,505
Your Cash$187,446
Total Purchase Price:$519,951

Assumed vs Traditional Mortgage

Assumed @ 5.95%
$3,206/mo
Traditional @ 7.15%
$3,766/mo
You save $560/month ($6,725/year)

*Secondary financing rates are an estimated value based on input

Follow Us
American Allstar Realty
Agent/Broker
Cheryl RileyAmerican Allstar Realty(602) 353-7375cheryl.m.riley@gmail.comMLS BR655878000

© 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 American Allstar Realty 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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