Laura Jewett

Laura Jewett

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Closed

$487,980

($155,315 down)
VA

1119 W Hoffer Street, Banning, CA 92220

3
2
1,432 sqft
PITI Monthly
$1,731.3 /mo

Listing courtesy of: Zana Cooper-Metsch, Cooper Real Estate

Assumed Rate

3.06%
7.15%

Principal & Interest

$1,565 /mo
$2,487 /mo

What's Special

SERENE
SHOPPING
SPACIOUS
MODERN
FIREPLACE
CHARMING

Charming single-family home located at 1119 W Hoffer St, Banning, CA 92220. This inviting residence features a spacious layout with 3 bedrooms and 2 bathrooms, perfect for families or those seeking extra space. Enjoy modern amenities, a bright living area, and a well-equipped kitchen, ideal for entertaining, with a lovely fireplace. The backyard offers a serene outdoor space for gatherings or relaxation. Don't miss the possibility of R.V. Parking. Conveniently situated near local parks, shopping, and schools, this property combines comfort and convenience. Don't miss the opportunity to make this lovely house your home!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.06
Remaining Loan Term
26 years, 2 months
Monthly PITI
$1,731.3/mo
Estimated Loan Balance
$344,225
Cash to close
$155,315
Interest Paid
$41,485

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: Vinyl, Wood
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • 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: 1963
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Solera (SLRA)
  • Features: Foothills, Hiking, Suburban
HOA
  • Has HOA: No
Location
  • Region: Banning

Financial Details

  • Price per Sqft: $340.77
  • Tax Annual Amount: $
  • On Market Date: 2024-09-06T00:00:00.000Z
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 $155,315 (32%)
You can enter any amount below - secondary financing will cover the difference if needed.
32%
$

You cover the entire equity of $155,315!

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

Loan Breakdown

Assumed Mortgage3.06% Sellers Rate
$332,665
Your Cash$155,315
Total Purchase Price:$487,980

Assumed vs Traditional Mortgage

Assumed @ 3.06%
$1,565/mo
Traditional @ 7.5%
$2,580/mo
You save $1,015/month ($12,186/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SW24184914

Listing From:

Last updated: 2024-12-05T04:37:49.000Z

© , 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

3.06%
7.15%

Principal & Interest

$1,565 /mo
$2,487 /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 $155,315 (32%)
You can enter any amount below - secondary financing will cover the difference if needed.
32%
$

You cover the entire equity of $155,315!

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

Loan Breakdown

Assumed Mortgage3.06% Sellers Rate
$332,665
Your Cash$155,315
Total Purchase Price:$487,980

Assumed vs Traditional Mortgage

Assumed @ 3.06%
$1,565/mo
Traditional @ 7.5%
$2,580/mo
You save $1,015/month ($12,186/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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