Laura Jewett

Laura Jewett

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$390,000

($44,360 down)
FHA

11229 San Jacinto Street, Morongo Valley, CA 92256

3
2
1,219 sqft
PITI Monthly
$2,782.49 /mo

Listing courtesy of: Dori Abel, Inspire Real Estate

Assumed Rate

5.22%
7.15%

Principal & Interest

$1,972 /mo
$2,421 /mo

What's Special

REMODELED
GRANITE COUNTERTOPS
CHARMING

Charming remodeled 3bd/2ba Morongo Valley Home. It is within walking distance to the farmers market, restaurants, convenience stores, and an elementary school. The beautiful Morongo Preserve is also close by. This home is tucked away with a very private feel. Enjoy three huge bedrooms and two bathrooms with granite countertops. The kitchen has soft-closing cabinets and granite counters. The island has a butcher block top. Beautiful details have been added to this home. There are new windows and sliders. Solar power is a bonus, along with a soft water tank and a tankless water heater: central heating and air conditioning. Easy and quick access up to the Joshua Tree National Park, and its only about 20-25 minutes to the Choachella Valley.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.22
Remaining Loan Term
27 years, 6 months
Monthly PITI
$2,782.49/mo
Estimated Loan Balance
$346,572
Cash to close
$44,360
Interest Paid
$45,955

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: ChainLink, ExcellentCondition, StuccoWall, Wood
Roof
  • Roof: Shingle
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: SepticTank
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Modern
Materials
  • Stucco
  • Roof: Shingle
Condition
  • Year Built: 1945
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Hiking, HorseTrails, Mountainous, Park, PreservePublicLand
HOA
  • Has HOA: No
Location
  • Region: Morongo Valley

Financial Details

  • Price per Sqft: $319.93
  • Tax Annual Amount: $4875
  • On Market Date: 2025-03-21T00:00:00.000Z
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 $44,360 (11%)
You can enter any amount below - secondary financing will cover the difference if needed.
11%
$

You cover the entire equity of $44,360!

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

Loan Breakdown

Assumed Mortgage5.22% Sellers Rate
$345,640
Your Cash$44,360
Total Purchase Price:$390,000

Assumed vs Traditional Mortgage

Assumed @ 5.22%
$1,972/mo
Traditional @ 7.5%
$2,511/mo
You save $538/month ($6,461/year)

*Secondary financing rates are an estimated value based on input

MLS ID: JT25048881

Listing From:

Last updated: 2025-03-22T13:48:53.000Z

© , 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

5.22%
7.15%

Principal & Interest

$1,972 /mo
$2,421 /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 $44,360 (11%)
You can enter any amount below - secondary financing will cover the difference if needed.
11%
$

You cover the entire equity of $44,360!

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

Loan Breakdown

Assumed Mortgage5.22% Sellers Rate
$345,640
Your Cash$44,360
Total Purchase Price:$390,000

Assumed vs Traditional Mortgage

Assumed @ 5.22%
$1,972/mo
Traditional @ 7.5%
$2,511/mo
You save $538/month ($6,461/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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