Laura Jewett

Laura Jewett

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Closed

$459,000

($96,084 down)
FHA

1159 Rankins Lane, San Bernardino, CA 92404

2
3
1,584 sqft
PITI Monthly
$2,043.28 /mo

Listing courtesy of: Nicole Jones, HOMESMART, EVERGREEN REALTY

Assumed Rate

2.84%
7.15%

Principal & Interest

$1,602 /mo
$2,620 /mo

What's Special

LOCATION
SERENE
DINING
SPACIOUS
MODERN
LUXURY
FIREPLACE
BALCONY
CITY VIEWS
CHARMING
COZY

Stunning Townhome with Panoramic Mountain & City Views! PUD so accepts FHA, VA, Conventional Loans, and All Cash! LOW TAXES & The HOA covers water, trash, and front grounds maintenance for easy living. Welcome to 1159 Rankins Lane, a beautiful townhome nestled in the scenic foothills of San Bernardino. Located in the exclusive Terrace Townhomes—a unique 8-unit complex—this 2-bedroom, 2.5-bathroom condo offers breathtaking views and a serene lifestyle. Upon entering, you’ll be greeted by a spacious living room with a cozy fireplace and waterproof vinyl flooring throughout the main level. Step up into the separate dining room, which flows seamlessly into the upgraded kitchen, featuring ample cabinetry, a built-in wine rack, and modern appliances including a refrigerator, stove, microwave, & dishwasher,. Washer/Dryer included. The living area opens to a quaint, private yard where you can enjoy the stunning mountain and city views. A charming spiral staircase leads you upstairs to the two large bedrooms, each with its own en-suite bathroom. The primary bedroom boasts a private balcony with captivating views, perfect for enjoying your morning coffee. The primary bathroom has been tastefully updated with a walk-in shower for added luxury. This home also includes a single-car attached garage, a covered carport, and ample storage. With its spacious layout, gorgeous views, and peaceful location, 1159 Rankins Lane offers the perfect blend of comfort and convenience. Don’t miss out on this rare opportunity—schedule a showing today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.84
Remaining Loan Term
26 years, 6 months
Monthly PITI
$2,043.28/mo
Estimated Loan Balance
$366,946
Cash to close
$96,084
Interest Paid
$37,113

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Carpet, Laminate

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: Yes
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 2
  • Home type: Condominium
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1973
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Suburban
HOA
  • Has HOA: Yes
  • HOA Name: Terrace Townhouses
  • HOA Amenities: Unknown
  • HOA Fee: $325
  • HOA Frequency: $Monthly
Location
  • Region: San Bernardino

Financial Details

  • Price per Sqft: $289.77
  • Tax Annual Amount: $
  • On Market Date: 2024-09-16T00:00:00.000Z
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 $96,084 (21%)
You can enter any amount below - secondary financing will cover the difference if needed.
21%
$

You cover the entire equity of $96,084!

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

Loan Breakdown

Assumed Mortgage2.84% Sellers Rate
$362,916
Your Cash$96,084
Total Purchase Price:$459,000

Assumed vs Traditional Mortgage

Assumed @ 2.84%
$1,602/mo
Traditional @ 7.5%
$2,717/mo
You save $1,115/month ($13,383/year)

*Secondary financing rates are an estimated value based on input

MLS ID: CV24191747

Listing From:

Last updated: 2024-11-09T01:02:05.000Z

© , 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

2.84%
7.15%

Principal & Interest

$1,602 /mo
$2,620 /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 $96,084 (21%)
You can enter any amount below - secondary financing will cover the difference if needed.
21%
$

You cover the entire equity of $96,084!

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

Loan Breakdown

Assumed Mortgage2.84% Sellers Rate
$362,916
Your Cash$96,084
Total Purchase Price:$459,000

Assumed vs Traditional Mortgage

Assumed @ 2.84%
$1,602/mo
Traditional @ 7.5%
$2,717/mo
You save $1,115/month ($13,383/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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