Laura Jewett

Laura Jewett

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Closed

$439,999

($236,856 down)
FHA

2165 Magnolia Avenue, Ontario, CA 91762

2
1
1,094 sqft
PITI Monthly
$1,442.39 /mo

Listing courtesy of: Christina Ponce De Leon, Bright Avenue Realty

Assumed Rate

3.88%
7.15%

Principal & Interest

$1,109 /mo
$1,592 /mo

What's Special

LOCATION
FRESH PAINT
SHOPPING
DINING
MODERN
PATIO
COMMUNITY POOL
TENNIS COURTS
CHARMING

This charming 2-bedroom, 1-bathroom condo in the Racquet Club of Ontario offers bright, modern living in a fantastic location. The open layout features light-colored flooring and fresh paint in select areas, creating a welcoming space that’s ready for your personal touch. Enjoy the convenience of in-unit laundry and the comfort of central air conditioning, making daily living a breeze. The private patio is perfect for outdoor relaxation, while the 2-car garage provides ample parking and storage. Resort-style amenities include two sparkling community pools, two tennis courts, two spas, and a community center, offering plenty of opportunities for recreation and socializing. Located close to shopping, dining, and major highways, this condo is the perfect blend of comfort and convenience, ready for you to move in and make it your own!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.88
Remaining Loan Term
22 years, 6 months
Monthly PITI
$1,442.39/mo
Estimated Loan Balance
$204,491
Cash to close
$236,856
Interest Paid
$63,626

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Association

Construction

Type & Style
  • Stories: 1
  • Home type: Condominium
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1973
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: StreetLights, Sidewalks
HOA
  • Has HOA: Yes
  • HOA Name: Raquet Club Of Ontario
  • HOA Amenities: Unknown
  • HOA Fee: $350
  • HOA Frequency: $Monthly
Location
  • Region: Ontario

Financial Details

  • Price per Sqft: $402.19
  • Tax Annual Amount: $
  • 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 $236,856 (54%)
You can enter any amount below - secondary financing will cover the difference if needed.
54%
$

You cover the entire equity of $236,856!

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

Loan Breakdown

Assumed Mortgage3.88% Sellers Rate
$203,143
Your Cash:$236,856
Total Purchase Price:$439,999

Assumed vs Traditional Mortgage

Assumed @ 3.88%
$1,109/mo
Traditional @ 7.5%
$1,651/mo
You save $542/month ($6,506/year)

*Secondary financing rates are an estimated value based on input

MLS ID: PW24170363

Listing From:

Last updated: 2024-12-19T05:48:24.000Z

© , 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

3.88%
7.15%

Principal & Interest

$1,109 /mo
$1,592 /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 $236,856 (54%)
You can enter any amount below - secondary financing will cover the difference if needed.
54%
$

You cover the entire equity of $236,856!

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

Loan Breakdown

Assumed Mortgage3.88% Sellers Rate
$203,143
Your Cash:$236,856
Total Purchase Price:$439,999

Assumed vs Traditional Mortgage

Assumed @ 3.88%
$1,109/mo
Traditional @ 7.5%
$1,651/mo
You save $542/month ($6,506/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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