Laura Jewett

Laura Jewett

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$300,000

($76,548 down)
FHA

228 N LA PALOMA Avenue, San Jacinto, CA 92582

2
2
1,344 sqft
PITI Monthly
$1,994.74 /mo

Listing courtesy of: Maria Magallanes, CENTURY 21 PRIMETIME REALTORS

Assumed Rate

6.6%
7.15%

Principal & Interest

$1,430 /mo
$1,512 /mo

What's Special

REMODELED
MOVE-IN READY
MODERN
55+ COMMUNITY

Welcome to Cottonwood Estates, a highly desirable 55+ community! This Stunning 2-bedroom, 1.5-bathroom manufactured home sits on a permanent foundation and has been almost fully remodeled from top to bottom. Enjoy a brand -new bathroom and remodeled kitchen, new double pane glass panel windows, fresh interior paint, and new vinyl flooring throughout. The open and inviting living space is enhanced with recessed lighting. creating a modern and comfortable atmosphere. This home is truly move-in ready with thoughtful updates and stylish finishes. Don't miss your chance to see this must-see property in person!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.6
Remaining Loan Term
29 years, 8 months
Monthly PITI
$1,994.74/mo
Estimated Loan Balance
$223,652
Cash to close
$76,548
Interest Paid
$4,918

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: ChainLink
Roof
  • Roof: Shingle
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: 1
  • Home type: ManufacturedOnLand
  • Architectural Style: Unknown
Materials
  • WoodSiding
  • Roof: Shingle
Condition
  • Year Built: 1987
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Rural
HOA
  • Has HOA: Yes
  • HOA Name: Cottonwood Estates
  • HOA Amenities: Unknown
  • HOA Fee: $4
  • HOA Frequency: $Monthly
Location
  • Region: San Jacinto

Financial Details

  • Price per Sqft: $223.21
  • Tax Annual Amount: $3750
  • On Market Date: 2025-02-12T00:00:00.000Z
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 $76,548 (26%)
You can enter any amount below - secondary financing will cover the difference if needed.
26%
$

You cover the entire equity of $76,548!

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

Loan Breakdown

Assumed Mortgage6.6% Sellers Rate
$223,452
Your Cash$76,548
Total Purchase Price:$300,000

Assumed vs Traditional Mortgage

Assumed @ 6.6%
$1,430/mo
Traditional @ 7.5%
$1,568/mo
You save $139/month ($1,663/year)

*Secondary financing rates are an estimated value based on input

MLS ID: IG25032326

Listing From:

Last updated: 2025-03-02T22:41:57.000Z

© , 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

6.6%
7.15%

Principal & Interest

$1,430 /mo
$1,512 /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 $76,548 (26%)
You can enter any amount below - secondary financing will cover the difference if needed.
26%
$

You cover the entire equity of $76,548!

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

Loan Breakdown

Assumed Mortgage6.6% Sellers Rate
$223,452
Your Cash$76,548
Total Purchase Price:$300,000

Assumed vs Traditional Mortgage

Assumed @ 6.6%
$1,430/mo
Traditional @ 7.5%
$1,568/mo
You save $139/month ($1,663/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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