Laura Jewett

Laura Jewett

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Closed

$395,000

($183,490 down)
FHA

2028 Pioneer Way, Pine Mountain Club, CA 93222

2
3
1,872 sqft
PITI Monthly
$1,455.61 /mo

Listing courtesy of: Stacey Havener, True North Realty

Assumed Rate

4.14%
7.15%

Principal & Interest

$1,139 /mo
$1,585 /mo

What's Special

SERENE
DINING
SPACIOUS
MODERN
VAULTED CEILINGS
FINISHED BASEMENT
CHARMING
COZY
EFFICIENT
RENTAL INCOME

Assumable loan at 4.5%. Nestled in the heart of Pine Mountain Club, just an hour's drive north of Los Angeles, this genuine D-Log cabin offers the perfect blend of rustic charm and modern comforts. Step inside to discover a warm and inviting living space, with wood walls throughout and wood flooring adding to the cozy ambiance. A wood stove on a brick hearth provides warmth on chilly evenings. The spacious kitchen features beautiful countertops, modern appliances, and a breakfast bar for casual dining. The main bedroom is spacious with vaulted ceilings and plenty of room for a sitting area or desk. Currently used as a music studio, the second bedroom offers versatility for your specific needs Outside, the homes orientation with the charming covered front porch facing south, provides an ideal spot to relax and enjoy the beautiful surroundings and gaze upon the serene mountains. The large yard includes a convenient tool shed for all your storage needs while allowing enough space for outdoor activities. This home boasts dual pane windows throughout for energy efficiency and insulation, ensuring comfort year-round. The Mitsubishi split system provides efficient heating and cooling for added comfort on each level which can be adjusted separately. Additional features include laundry facilities conveniently located on the lower level along with the large finished basement with its own entrance providing potential for rental income or a private guest suite. There is also plenty of room on the property to add a carport or a garage.The roofing and septic were both replaced in 2020, offering peace of mind for years to come. Residents of Pine Mountain Club enjoy access to a variety of community amenities, including a golf course and a sparkling pool, perfect for outdoor recreation and relaxation. Nearby hiking trails offer endless opportunities for exploration and adventure. Don't miss your chance to own this enchanting yet classic D-Log home in Pine Mountain Club. It is what you come to the mountains for! Schedule a showing today and experience the allure of mountain living in a real log cabin!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.14
Remaining Loan Term
24 years, 2 months
Monthly PITI
$1,455.61/mo
Estimated Loan Balance
$222,513
Cash to close
$183,490
Interest Paid
$53,698

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 3
Cooling & Heating
  • Cooling: SeeRemarks
  • Heating: Unknown
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: WoodBurning
  • Flooring: Wood

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: SepticTank
  • Water Source: Other
Pool
  • Has Pool: No
  • Pool Features: Community, Association

Construction

Type & Style
  • Stories: 3
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1989
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Golf, Hiking, Mountainous, NearNationalForest, Pool
HOA
  • Has HOA: Yes
  • HOA Name: PMCPOA
  • HOA Amenities: Unknown
  • HOA Fee: $1928
  • HOA Frequency: $Annually
Location
  • Region: Pine Mountain Club

Financial Details

  • Price per Sqft: $211
  • Tax Annual Amount: $
  • On Market Date: 2024-03-01T00:00:00.000Z
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 $183,490 (46%)
You can enter any amount below - secondary financing will cover the difference if needed.
46%
$

You cover the entire equity of $183,490!

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

Loan Breakdown

Assumed Mortgage4.14% Sellers Rate
$211,510
Your Cash$183,490
Total Purchase Price:$395,000

Assumed vs Traditional Mortgage

Assumed @ 4.14%
$1,139/mo
Traditional @ 7.5%
$1,644/mo
You save $505/month ($6,056/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SR24041845

Listing From:

Last updated: 2024-12-05T00:38:17.000Z

© , 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

4.14%
7.15%

Principal & Interest

$1,139 /mo
$1,585 /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 $183,490 (46%)
You can enter any amount below - secondary financing will cover the difference if needed.
46%
$

You cover the entire equity of $183,490!

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

Loan Breakdown

Assumed Mortgage4.14% Sellers Rate
$211,510
Your Cash$183,490
Total Purchase Price:$395,000

Assumed vs Traditional Mortgage

Assumed @ 4.14%
$1,139/mo
Traditional @ 7.5%
$1,644/mo
You save $505/month ($6,056/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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