Laura Jewett

Laura Jewett

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$545,000

($217,677 down)
FHA

1156 Foothill Drive, Banning, CA 92220

4
3
2,432 sqft
PITI Monthly
$2,909.15 /mo

Listing courtesy of: VIRGINIA ALVES, STATEWIDE PROPERTY SERVICES

Assumed Rate

4.59%
7.15%

Principal & Interest

$1,911 /mo
$2,520 /mo

What's Special

SHOPPING
DINING
BREAKFAST NOOK

This stunning 4-bedroom home is over 2,400 SF AND is located on an expansive over 9,000 SF lot!!! This rare property borders the beautiful city of Beaumont without paying the higher taxes and HOA fees, just a few miles down. The huge lot offers a 3-car garage with individual openers and plenty of room for RV or boat storage. The grand entrance showcases 12-foot ceilings and elegant plantation shutters. The open floor plan features separate family areas and formal dining. The kitchen offers a custom pantry with a breakfast nook for added seating space and a double oven. Stay cool during those hot summers with double pane windows and upgraded A/C. The generously sized loft and bonus room have potential for a 5th or even 6th bedroom. Enjoy the convenience of a main floor bedroom with a full bathroom. Relax in the master bathroom with a large tub, double sinks, and walk in closet. The backyard offers endless possibilities with no unsightly slopes to intervene and a low maintenance block fence. Delightful palm trees line this private oasis, perfect for entertaining your guests. Conveniently located near freeways and shopping centers.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.59
Remaining Loan Term
23 years, 3 months
Monthly PITI
$2,909.15/mo
Estimated Loan Balance
$344,529
Cash to close
$217,677
Interest Paid
$108,960

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
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
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 2006
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Curbs, StormDrains, StreetLights, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Banning

Financial Details

  • Price per Sqft: $224.1
  • Tax Annual Amount: $6812.5
  • On Market Date: 2025-04-03T00:00:00.000Z
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 $217,677 (40%)
You can enter any amount below - secondary financing will cover the difference if needed.
40%
$

You cover the entire equity of $217,677!

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

Loan Breakdown

Assumed Mortgage4.59% Sellers Rate
$327,323
Your Cash$217,677
Total Purchase Price:$545,000

Assumed vs Traditional Mortgage

Assumed @ 4.59%
$1,911/mo
Traditional @ 7.5%
$2,614/mo
You save $703/month ($8,442/year)

*Secondary financing rates are an estimated value based on input

MLS ID: IV25073030

Listing From:

Last updated: 2025-04-03T19:44:59.000Z

© , 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

4.59%
7.15%

Principal & Interest

$1,911 /mo
$2,520 /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 $217,677 (40%)
You can enter any amount below - secondary financing will cover the difference if needed.
40%
$

You cover the entire equity of $217,677!

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

Loan Breakdown

Assumed Mortgage4.59% Sellers Rate
$327,323
Your Cash$217,677
Total Purchase Price:$545,000

Assumed vs Traditional Mortgage

Assumed @ 4.59%
$1,911/mo
Traditional @ 7.5%
$2,614/mo
You save $703/month ($8,442/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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