Laura Jewett

Laura Jewett

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Closed

$629,500

($254,971 down)
FHA

16334 Ridge View Drive, Apple Valley, CA 92307

4
3
2,665 sqft
PITI Monthly
$3,193.96 /mo

Listing courtesy of: Lynette Domingo, LYNETTE DOMINGO, BROKER

Assumed Rate

4.37%
7.15%

Principal & Interest

$2,077 /mo
$2,812 /mo

What's Special

LOCATION
GATED COMMUNITY
DINING
SPACIOUS
MODERN
LUXURY
STAINLESS STEEL APPLIANCES
FIREPLACE
VAULTED CEILINGS
WALK-IN CLOSET
MOUNTAIN VIEWS
CUL-DE-SAC
SOLAR PANELS

This modern, updated two story home is located in the exclusive private gated community of Ridge Estates and is situated on a 20,000 sq ft. lot on a cul-de-sac street. This lovely property has a dramatic circular entryway staircase leading up to vaulted ceilings and consists of 2665 square feet of luxury living space - including 4 bedrooms (with master walk-in closet), 2.5 bathrooms (with master en-suite featuring a huge dual head shower), den/office space and a spacious quartz counter kitchen with stainless steel appliances featuring a Kalamera beverage refrigerator, adjacent to a generous dining area. The 3-car attached garage and driveway allow for ample parking and the hilltop Location! Location! Location! is perfectly situated to maximize both city lights and breath-taking majestic mountain views which can be enjoyed next to one of the 3 fireplaces - in the master, dining area and living room. The property boasts an oversized backyard, perfect for entertaining, and includes a relaxing Caribbean grey bottom lap pool. In 2019, 35 solar panels were installed – which, despite running the AC/Heat and pool equipment nonstop when needed, not only eliminates electricity costs, but also produces surplus electricity.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.37
Remaining Loan Term
24 years, 0 months
Monthly PITI
$3,193.96/mo
Estimated Loan Balance
$387,595
Cash to close
$254,971
Interest Paid
$103,461

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central, Fireplaces, Solar
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Den
  • 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: Yes
  • Pool Features: InGround, Private

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1988
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Mountainous
HOA
  • Has HOA: Yes
  • HOA Name: Apple Valley Ridge Estates HOA
  • HOA Amenities: Unknown
  • HOA Fee: $150
  • HOA Frequency: $Monthly
Location
  • Region: Apple Valley

Financial Details

  • Price per Sqft: $236.21
  • Tax Annual Amount: $7868.75
  • On Market Date: 2024-10-12T00:00:00.000Z
Inquire about this property

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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 $254,971 (41%)
You can enter any amount below - secondary financing will cover the difference if needed.
41%
$

You cover the entire equity of $254,971!

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

Loan Breakdown

Assumed Mortgage4.37% Sellers Rate
$374,529
Your Cash$254,971
Total Purchase Price:$629,500

Assumed vs Traditional Mortgage

Assumed @ 4.37%
$2,077/mo
Traditional @ 7.5%
$2,917/mo
You save $839/month ($10,071/year)

*Secondary financing rates are an estimated value based on input

MLS ID: CV24208158

Listing From:

Last updated: 2024-12-01T00:37:43.000Z

© , 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

4.37%
7.15%

Principal & Interest

$2,077 /mo
$2,812 /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 $254,971 (41%)
You can enter any amount below - secondary financing will cover the difference if needed.
41%
$

You cover the entire equity of $254,971!

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

Loan Breakdown

Assumed Mortgage4.37% Sellers Rate
$374,529
Your Cash$254,971
Total Purchase Price:$629,500

Assumed vs Traditional Mortgage

Assumed @ 4.37%
$2,077/mo
Traditional @ 7.5%
$2,917/mo
You save $839/month ($10,071/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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