Tracy Strachan

Tracy Strachan

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$1,099,000

($521,648 down)
VA

7045 Mariner Way, Long Beach, CA 90803

3
2
1,729 sqft
PITI Monthly
$4,106.38 /mo

Listing courtesy of: Rhonda Baskins, Coldwell Banker Realty

Assumed Rate

3%
7.15%

Principal & Interest

$2,662 /mo
$4,264 /mo

What's Special

REMODELED
GATED COMMUNITY
DESIRED
DINING
MOVE-IN READY
FIREPLACE
VAULTED CEILINGS
HOME OFFICE
PATIO
CLUBHOUSE

Come and see the highly coveted "Loft Model" in Island Village. This small, gated community consists of 182 homes with 2 pools, a clubhouse, a tot lot and a stunning private park that hosts wonderful community events. As you enter the home take note of the vaulted ceilings and loft overlooking the living room. The primary bedroom is downstairs so this can be your forever home! You will love the wall of glass with 3 sliders opening up to the patio inviting the outside in! The remodeled kitchen has tons of counter space and a center island for ease of entertaining. There is a 4th slider out to the patio off the dining area. Both the living room and dining area have a fireplace, and the dining area can be a small family room if desired. The wonderful thing about the loft model is that the loft can easily be converted to a 4th BR but works well as a home office or separate hangout for the kiddos! This model can be used many ways. There are two additional BR's upstairs with a full bath, both baths have been remodeled. This home is move-in ready and waiting for you to call it HOME!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3
Remaining Loan Term
26 years, 1 months
Monthly PITI
$4,106.38/mo
Estimated Loan Balance
$578,567
Cash to close
$521,648
Interest Paid
$71,138

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: None
  • Heating: Central
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: DiningRoom, LivingRoom
  • Flooring: Carpet, Vinyl

Exterior

Fencing
  • Fencing: Wood
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Community

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Traditional, PatioHome
Materials
  • Stucco
  • Roof: Tile
Condition
  • Year Built: 1973
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Island Village (ISV)
  • Features: StreetLights, Suburban, Sidewalks, Gated, Pool
HOA
  • Has HOA: Yes
  • HOA Name: Island Village HOA
  • HOA Amenities: Unknown
  • HOA Fee: $270
  • HOA Frequency: $Monthly
Location
  • Region: Long Beach

Financial Details

  • Price per Sqft: $635.63
  • Tax Annual Amount: $13737.5
  • On Market Date: 2025-04-10T00:00:00.000Z
Inquire about this property

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Apply to Assume

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Savings Calculator

Current cash to close is $521,648 (47%)
You can enter any amount below - secondary financing will cover the difference if needed.
47%
$

You cover the entire equity of $521,648!

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

Loan Breakdown

Assumed Mortgage3% Sellers Rate
$577,352
Your Cash$521,648
Total Purchase Price:$1,099,000

Assumed vs Traditional Mortgage

Assumed @ 3%
$2,662/mo
Traditional @ 7.15%
$4,423/mo
You save $1,761/month ($21,135/year)

*Secondary financing rates are an estimated value based on input

MLS ID: OC25076564

Listing From:

Last updated: 2025-04-17T14:19:44.000Z

© , 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

3%
7.15%

Principal & Interest

$2,662 /mo
$4,264 /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 $521,648 (47%)
You can enter any amount below - secondary financing will cover the difference if needed.
47%
$

You cover the entire equity of $521,648!

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

Loan Breakdown

Assumed Mortgage3% Sellers Rate
$577,352
Your Cash$521,648
Total Purchase Price:$1,099,000

Assumed vs Traditional Mortgage

Assumed @ 3%
$2,662/mo
Traditional @ 7.15%
$4,423/mo
You save $1,761/month ($21,135/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Tracy Strachan(602) 573-1500tstrachan05@gmail.comMLS

© 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 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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