Laura Jewett

Laura Jewett

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Closed

$390,900

($149,912 down)
FHA

16817 Navajo Road, Apple Valley, CA 92307

4
2
1,778 sqft
PITI Monthly
$1,560.52 /mo

Listing courtesy of: Kathy Zarate, Realty ONE Group Empire

Assumed Rate

3.72%
7.15%

Principal & Interest

$1,223 /mo
$1,790 /mo

What's Special

SPACIOUS
RENTAL INCOME
INVESTMENT OPPORTUNITY

**6 CAR TANDEM DETACHED GARAGE** Great investment opportunity to convert into an ADU (Accessory Dwelling Unit) to generate extra rental income or can be the workshop of your dreams! This Apple Valley home is located near Sycamore Rocks and can be used for horse property. Tons of potential! Home features 4 bedrooms & 2 bathrooms. Kitchen and living room is very spacious, open floor plan and Reverse Osmosis System! Master bedroom has 2 closets, bathroom has dual sinks and linen closet. Property is fully fenced, with RV access. Detached garage has cement slab and electrical inside & out! Very private and quiet. Submit your showing requests today. HOME SOLD AS - IS

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.72
Remaining Loan Term
24 years, 10 months
Monthly PITI
$1,560.52/mo
Estimated Loan Balance
$299,501
Cash to close
$149,912
Interest Paid
$48,430

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir, EvaporativeCooling
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: ChainLink
Roof
  • Roof: Composition, Shingle
Parking
  • Garage: Yes
  • Garage Spaces: 8
  • 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: Composition, Shingle
Condition
  • Year Built: 1986
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: HorseTrails
HOA
  • Has HOA: No
Location
  • Region: Apple Valley

Financial Details

  • Price per Sqft: $219.85
  • Tax Annual Amount: $
  • On Market Date: 2024-09-11T00:00:00.000Z
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 $149,912 (38%)
You can enter any amount below - secondary financing will cover the difference if needed.
38%
$

You cover the entire equity of $149,912!

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

Loan Breakdown

Assumed Mortgage3.72% Sellers Rate
$240,988
Your Cash$149,912
Total Purchase Price:$390,900

Assumed vs Traditional Mortgage

Assumed @ 3.72%
$1,223/mo
Traditional @ 7.5%
$1,857/mo
You save $634/month ($7,606/year)

*Secondary financing rates are an estimated value based on input

MLS ID: HD24185394

Listing From:

Last updated: 2024-12-05T05:25:10.000Z

© , 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

3.72%
7.15%

Principal & Interest

$1,223 /mo
$1,790 /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 $149,912 (38%)
You can enter any amount below - secondary financing will cover the difference if needed.
38%
$

You cover the entire equity of $149,912!

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

Loan Breakdown

Assumed Mortgage3.72% Sellers Rate
$240,988
Your Cash$149,912
Total Purchase Price:$390,900

Assumed vs Traditional Mortgage

Assumed @ 3.72%
$1,223/mo
Traditional @ 7.5%
$1,857/mo
You save $634/month ($7,606/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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