Laura Jewett

Laura Jewett

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Closed

$349,000

($242,681 down)
FHA

16550 Vernon Road, Whitewater, CA 92282

3
2
2,105 sqft
PITI Monthly
$1,205.84 /mo

Listing courtesy of: Tammy Stevens, Desert Palms Realty

Assumed Rate

3.9%
7.15%

Principal & Interest

$579 /mo
$829 /mo

What's Special

MODERN

Welcome to a Gem of a Home.. One of a kind! Nestled in the beautiful wildlife refuge of Painted Hills. This Gem boasts a beautiful open floor plan with beautiful neutral tones, large kitchens (2 Kitchens) both updated, with ample natural lighting, modern appliances, lots of granite counter space, and convenient breakfast bars creating a perfect environment for a large family that love to entertain & need space. Large windows framing a breathtaking view of the desert valley, Evening View is amazing. This Gem provides a large property with more than one full acre of land to create your dreams. Zoned for horses, chickens, goat's & livestock. This 3-bedroom 2-bath Gem can be divided into two units for potential income opportunities, or 2 families to share... Located conveniently close to the 10 and 62 freeways for quick access to all cities, including Joshua Tree, Palm Desert, Palm Springs and Los Angeles County. Only 4 homes on this Road. Call Listing agent to view 760-413-5090 Tammy

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.9
Remaining Loan Term
22 years, 8 months
Monthly PITI
$1,205.84/mo
Estimated Loan Balance
$168,439
Cash to close
$242,681
Interest Paid
$32,639

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central, Propane
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Tile

Exterior

Fencing
  • Fencing: ChainLink
Roof
  • Roof: Unknown
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories: 0
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1962
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Not Applicable-1
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Whitewater

Financial Details

  • Price per Sqft: $165.8
  • Tax Annual Amount: $4362.5
  • On Market Date: 2024-08-16T00:00:00.000Z
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.

Apply now

Savings Calculator

Current cash to close is $242,681 (70%)
You can enter any amount below - secondary financing will cover the difference if needed.
70%
$

You cover the entire equity of $242,681!

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

Loan Breakdown

Assumed Mortgage3.9% Sellers Rate
$106,319
Your Cash:$242,681
Total Purchase Price:$349,000

Assumed vs Traditional Mortgage

Assumed @ 3.9%
$579/mo
Traditional @ 7.5%
$860/mo
You save $281/month ($3,372/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 219115439DA

Listing From:

Last updated: 2025-03-05T01:25:10.000Z

© , 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

3.9%
7.15%

Principal & Interest

$579 /mo
$829 /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 $242,681 (70%)
You can enter any amount below - secondary financing will cover the difference if needed.
70%
$

You cover the entire equity of $242,681!

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

Loan Breakdown

Assumed Mortgage3.9% Sellers Rate
$106,319
Your Cash:$242,681
Total Purchase Price:$349,000

Assumed vs Traditional Mortgage

Assumed @ 3.9%
$579/mo
Traditional @ 7.5%
$860/mo
You save $281/month ($3,372/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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