Laura Jewett

Laura Jewett

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$350,000

($159,481 down)
FHA

10481 Monte Vista Road, Phelan, CA 92371

1
2
920 sqft
PITI Monthly
$1,626.27 /mo

Listing courtesy of: Andrea Bergin, Realty ONE Group Empire

Assumed Rate

3.62%
7.15%

Principal & Interest

$962 /mo
$1,426 /mo

What's Special

CHARMING

Charming brick home situated on 5 fully fenced acres in Phelan. This unique property features an RV hook-up with its own dedicated bathroom, shower, electricity, water, and septic system, making it ideal for guests or outdoor enthusiasts. The main house operates entirely on electricity, with no reliance on gas or propane. The property has a history of agricultural use, with irrigation water lines installed across the land, previously utilized for cultivating a Korean plant. The expansive lot offers endless possibilities for farming, gardening, or creating your dream outdoor space. A perfect blend of rural charm and practical amenities!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.62
Remaining Loan Term
25 years, 0 months
Monthly PITI
$1,626.27/mo
Estimated Loan Balance
$219,222
Cash to close
$159,481
Interest Paid
$36,367

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 1
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Ductless, Electric
  • Heating: Electric
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Block, ChainLink
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: SepticTypeUnknown
  • 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: 1966
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Rural
HOA
  • Has HOA: No
Location
  • Region: Phelan

Financial Details

  • Price per Sqft: $380.43
  • Tax Annual Amount: $4375
  • On Market Date: 2025-01-24T00:00:00.000Z
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 $159,481 (46%)
You can enter any amount below - secondary financing will cover the difference if needed.
46%
$

You cover the entire equity of $159,481!

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

Loan Breakdown

Assumed Mortgage3.62% Sellers Rate
$190,519
Your Cash$159,481
Total Purchase Price:$350,000

Assumed vs Traditional Mortgage

Assumed @ 3.62%
$962/mo
Traditional @ 7.5%
$1,479/mo
You save $517/month ($6,202/year)

*Secondary financing rates are an estimated value based on input

MLS ID: HD25016623

Listing From:

Last updated: 2025-03-16T18:12:26.000Z

© , 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

3.62%
7.15%

Principal & Interest

$962 /mo
$1,426 /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 $159,481 (46%)
You can enter any amount below - secondary financing will cover the difference if needed.
46%
$

You cover the entire equity of $159,481!

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

Loan Breakdown

Assumed Mortgage3.62% Sellers Rate
$190,519
Your Cash$159,481
Total Purchase Price:$350,000

Assumed vs Traditional Mortgage

Assumed @ 3.62%
$962/mo
Traditional @ 7.5%
$1,479/mo
You save $517/month ($6,202/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000

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© 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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