Laura Jewett

Laura Jewett

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Closed

$479,990

($92,565 down)
FHA

1163 Rankins Ln, San Bernardino, CA 92404

2
3
1,584 sqft
PITI Monthly
$3,156.65 /mo

Listing courtesy of: Nallely Tinajero Ruiz, DYNASTY REAL ESTATE

Assumed Rate

5.23%
7.15%

Principal & Interest

$2,207 /mo
$2,706 /mo

What's Special

DINING
SPACIOUS
CITY VIEWS

Welcome to 1163 Rankins Ln. This condo features over 1500 square feet. With a spacious kitchen leading to the dining room then the living room. Living room has gorgeous city views. This home has a ½ bathroom on the main floor and 2 full bathrooms upstairs in the bedrooms. Both bedrooms are very spacious with lots of closet space. This community is FHA approved. Call or text today to schedule your showing today! Owner is currently living in the home. Professional pictures to come soon!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.23
Remaining Loan Term
27 years, 3 months
Monthly PITI
$3,156.65/mo
Estimated Loan Balance
$389,985
Cash to close
$92,565
Interest Paid
$56,507

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: None
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: Urban
HOA
  • Has HOA: Yes
  • HOA Name: Terrace townhomes
  • HOA Amenities: Unknown
  • HOA Fee: $325
  • HOA Frequency: $Monthly
Location
  • Region: San Bernardino

Financial Details

  • Price per Sqft: $303.02
  • Tax Annual Amount: $5999.88
  • On Market Date: 2024-10-22T00:00:00.000Z
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 $92,565 (19%)
You can enter any amount below - secondary financing will cover the difference if needed.
19%
$

You cover the entire equity of $92,565!

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

Loan Breakdown

Assumed Mortgage5.23% Sellers Rate
$387,425
Your Cash$92,565
Total Purchase Price:$479,990

Assumed vs Traditional Mortgage

Assumed @ 5.23%
$2,207/mo
Traditional @ 7.5%
$2,807/mo
You save $599/month ($7,193/year)

*Secondary financing rates are an estimated value based on input

MLS ID: CV24219027

Listing From:

Last updated: 2024-12-05T05:20:48.000Z

© , 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

5.23%
7.15%

Principal & Interest

$2,207 /mo
$2,706 /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 $92,565 (19%)
You can enter any amount below - secondary financing will cover the difference if needed.
19%
$

You cover the entire equity of $92,565!

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

Loan Breakdown

Assumed Mortgage5.23% Sellers Rate
$387,425
Your Cash$92,565
Total Purchase Price:$479,990

Assumed vs Traditional Mortgage

Assumed @ 5.23%
$2,207/mo
Traditional @ 7.5%
$2,807/mo
You save $599/month ($7,193/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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