Laura Jewett

Laura Jewett

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Closed

$599,900

($247,951 down)
FHA

1339 Olivine Avenue, Mentone, CA 92359

3
2
2,036 sqft
PITI Monthly
$3,383.33 /mo

Listing courtesy of: RICK BENYOLA, REALTY ONE GROUP ROADS

Assumed Rate

6.81%
7.15%

Principal & Interest

$2,339 /mo
$2,421 /mo

What's Special

INVESTORS
MODERN

Seeking Single Story Pool Home with a Large Lot? Attention Buyers, families, investors, and/or modern farmhouse fans! CUSTOM REMODEL with TONS of UPGRADES that exceeds minimum building standards. So much to list, but read on.... New roof, new leased solar system, new EZ50 tankless water heater, new kitchen with hard wood - EZ close doors, large quartz island and counters, new appliances, new bathrooms, custom 8.5’ x4’ walk-in shower with 2 person matching niche top and bottom, new ADA toilets, new windows, excess R19 and foam insulation for maximum efficiency, new electrical, LARGE whole house fan + secondary 18” attic fan, new mini split system, new sliders, new doors, 26’x15’ Primary bedroom with 6’x5’ bedrooms, nice sized secondary bedrooms, large living area with dropdown family room. Outside - ENORMOUS 20’x40’ - 59k gallon pool, new pool equipment, and a spring diving board (great to practice diving for certification), numerous mature palm trees, outdoor storage buildings/work shop, large covered carport, several LED lights to light the back yard, and RV parking. Inquire for more details about remaining renovation that is still in progress. Many more upgrades and features that are not listed, but will be available for review.... More images coming soon....

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.81
Remaining Loan Term
27 years, 9 months
Monthly PITI
$3,383.33/mo
Estimated Loan Balance
$352,962
Cash to close
$247,951
Interest Paid
$54,277

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Ductless, SeeRemarks, WholeHouseFan
  • Heating: Ductless
Features
  • Materials: BlownInInsulation, Drywall, Frame, Concrete, SprayFoamInsulation, Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Laminate, Wood

Exterior

Fencing
  • Fencing: Wood
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: Yes
  • Carport Spaces:
Water
  • Sewer: SepticTypeUnknown
  • Water Source: Public
Pool
  • Has Pool: Yes
  • Pool Features: DivingBoard, InGround, Private

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • BlownInInsulation, Drywall, Frame, Concrete, SprayFoamInsulation, Stucco
  • Roof: Composition
Condition
  • Year Built: 1952
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Rural
HOA
  • Has HOA: No
Location
  • Region: Mentone

Financial Details

  • Price per Sqft: $294.65
  • Tax Annual Amount: $7498.75
  • On Market Date: 2024-08-30T00:00:00.000Z
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 $247,951 (41%)
You can enter any amount below - secondary financing will cover the difference if needed.
41%
$

You cover the entire equity of $247,951!

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

Loan Breakdown

Assumed Mortgage6.81% Sellers Rate
$351,949
Your Cash$247,951
Total Purchase Price:$599,900

Assumed vs Traditional Mortgage

Assumed @ 6.81%
$2,339/mo
Traditional @ 7.5%
$2,511/mo
You save $172/month ($2,064/year)

*Secondary financing rates are an estimated value based on input

MLS ID: EV24180741

Listing From:

Last updated: 2025-01-06T13:17:49.000Z

© , 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

6.81%
7.15%

Principal & Interest

$2,339 /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 $247,951 (41%)
You can enter any amount below - secondary financing will cover the difference if needed.
41%
$

You cover the entire equity of $247,951!

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

Loan Breakdown

Assumed Mortgage6.81% Sellers Rate
$351,949
Your Cash$247,951
Total Purchase Price:$599,900

Assumed vs Traditional Mortgage

Assumed @ 6.81%
$2,339/mo
Traditional @ 7.5%
$2,511/mo
You save $172/month ($2,064/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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