Laura Jewett

Laura Jewett

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Pending

$275,000

($79,456 down)
FHA

11880 Cortez Road, Pinon Hills, CA 92372

2
1
1,000 sqft
PITI Monthly
$1,487.39 /mo

Listing courtesy of: TYLER HUNGERFORD, KELLER WILLIAMS RIVERSIDE CENT

Assumed Rate

2.89%
7.15%

Principal & Interest

$898 /mo
$1,459 /mo

What's Special

MODERN
MOUNTAIN VIEWS
COZY

Nestled on just over 2 acres of scenic land in this community of Pinon Hills, this cozy 2-bedroom, 1-bath home offers the perfect blend of country living and modern comfort. Whether you're an equestrian enthusiast or simply appreciate the beauty of open space, this property is designed with your lifestyle in mind. The home boasts an inviting layout with comfortable living areas, a well-sized kitchen, and two peaceful bedrooms perfect for relaxation. Outside, the expansive lot provides plenty of room for horses to roam, along with additional space for gardening, outdoor activities, or even adding additional structures. Located in an area with stunning mountain views, and horse-friendly zoning, this property offers a rare opportunity for anyone looking to live the equestrian dream in Pinon Hills.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.89
Remaining Loan Term
25 years, 7 months
Monthly PITI
$1,487.39/mo
Estimated Loan Balance
$229,251
Cash to close
$79,456
Interest Paid
$26,266

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: SeeRemarks
  • Heating: Propane
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
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: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1983
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Rural
HOA
  • Has HOA: No
Location
  • Region: Pinon Hills

Financial Details

  • Price per Sqft: $275
  • Tax Annual Amount: $3437.5
  • On Market Date: 2025-02-06T00:00:00.000Z
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.

Apply now

Savings Calculator

Current cash to close is $79,456 (29%)
You can enter any amount below - secondary financing will cover the difference if needed.
29%
$

You cover the entire equity of $79,456!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$195,544
Your Cash$79,456
Total Purchase Price:$275,000

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$898/mo
Traditional @ 7.5%
$1,513/mo
You save $615/month ($7,385/year)

*Secondary financing rates are an estimated value based on input

MLS ID: IV25027962

Listing From:

Last updated: 2025-03-27T18:08:43.000Z

© , 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

2.89%
7.15%

Principal & Interest

$898 /mo
$1,459 /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 $79,456 (29%)
You can enter any amount below - secondary financing will cover the difference if needed.
29%
$

You cover the entire equity of $79,456!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$195,544
Your Cash$79,456
Total Purchase Price:$275,000

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$898/mo
Traditional @ 7.5%
$1,513/mo
You save $615/month ($7,385/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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