Laura Jewett

Laura Jewett

Property SearchContact
primary-1
primary-2primary-3
Closed

$327,000

($46,637 down)
VA

22864 Alder Lane, Crestline, CA 92325

2
2
972 sqft
PITI Monthly
$1,790.07 /mo

Listing courtesy of: TONGTONG JIN, REALTY MASTERS & ASSOCIATES

Assumed Rate

3.07%
7.15%

Principal & Interest

$1,300 /mo
$2,064 /mo

What's Special

DINING
SPACIOUS
FIREPLACE
DECK

RARE OPPORTUNITY to assume a 2.49% interest VA loan on this delightful mountain cabin. Nestled in the woods on a coveted corner lot, this mountain retreat offers ample parking at the front and side, with the potential for an ADU addition or expansion. Step inside and gather around the warmth of the fireplace in the family room or venture out to the spacious deck and soak in the natural beauty of the mountains. The kitchen and dining area feature a split AC system to stay cool in the summer season as well as plenty of cabinets for storage. The versatile upstairs loft is great for guests or a second bedroom. Below the main floor, a spacious workshop area and separate storage offer practical space for your projects and belongings. Don't miss the chance to step back in time to 2021 and secure this fantastic cabin at a record low interest rate!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.07
Remaining Loan Term
26 years, 8 months
Monthly PITI
$1,790.07/mo
Estimated Loan Balance
$290,042
Cash to close
$46,637
Interest Paid
$30,207

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Ductless, SeeRemarks
  • Heating: Central, Fireplaces
Features
  • Materials: Frame, WoodSiding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom, WoodBurning
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Wood, WroughtIron
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Cottage
Materials
  • Frame, WoodSiding
  • Roof: Composition
Condition
  • Year Built: 1940
Details
  • Builder:

Community & HOA

Community
  • Subdivision: VOE (VOE)
  • Features: Biking, Fishing, Hiking, Mountainous
HOA
  • Has HOA: No
Location
  • Region: Crestline

Financial Details

  • Price per Sqft: $336.42
  • Tax Annual Amount: $4087.5
  • On Market Date: 2024-07-04T00:00:00.000Z
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 $46,637 (14%)
You can enter any amount below - secondary financing will cover the difference if needed.
14%
$

You cover the entire equity of $46,637!

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

Loan Breakdown

Assumed Mortgage3.07% Sellers Rate
$280,363
Your Cash$46,637
Total Purchase Price:$327,000

Assumed vs Traditional Mortgage

Assumed @ 3.07%
$1,300/mo
Traditional @ 7.5%
$2,141/mo
You save $841/month ($10,093/year)

*Secondary financing rates are an estimated value based on input

MLS ID: IV24137317

Listing From:

Last updated: 2024-09-30T18:29:48.000Z

© , 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

3.07%
7.15%

Principal & Interest

$1,300 /mo
$2,064 /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 $46,637 (14%)
You can enter any amount below - secondary financing will cover the difference if needed.
14%
$

You cover the entire equity of $46,637!

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

Loan Breakdown

Assumed Mortgage3.07% Sellers Rate
$280,363
Your Cash$46,637
Total Purchase Price:$327,000

Assumed vs Traditional Mortgage

Assumed @ 3.07%
$1,300/mo
Traditional @ 7.5%
$2,141/mo
You save $841/month ($10,093/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

Powered By UMe.

© 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.

equal-housing

© is committed to and abides by the Fair Housing Act of Equal Opportunity.