Laura Jewett

Laura Jewett

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Closed

$899,000

($778,353 down)
FHA

2353 E Powell Road, Palm Springs, CA 92262

3
2
1,620 sqft
PITI Monthly
$2,071.87 /mo

Listing courtesy of: Chaim Shamam, Chaim Nissan Shamam

Assumed Rate

3.96%
7.15%

Principal & Interest

$800 /mo
$1,137 /mo

What's Special

MODERN
STAINLESS STEEL APPLIANCES
FIREPLACE
MOUNTAIN VIEWS

Modern home with open living space and polished concrete floors. Alarm system ~ installed with motion sensors. Ozone pool and spa with indoor controls. Southern facing fully enclosed backyard with mountain views. 2 Car Garage and extra RV parking on side of house. Fireplace. Walk in closet and whirlpool bathtub in Master. Built in closets. Newer Kitchen cabinets, tons of storage with pull out shelves and pantry. Newer stainless steel appliances. Sold As IS. , please do not disturb tenants thank you.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.96
Remaining Loan Term
16 years, 11 months
Monthly PITI
$2,071.87/mo
Estimated Loan Balance
$121,446
Cash to close
$778,353
Interest Paid
$75,438

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Fireplaces, NaturalGas
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Gas, LivingRoom
  • Flooring: Concrete

Exterior

Fencing
  • Fencing: Partial
Roof
  • Roof: Foam
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Unknown
Pool
  • Has Pool: Yes
  • Pool Features: InGround, Private

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Stucco
  • Roof: Foam
Condition
  • Year Built: 1978
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Desert Park Estates
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Palm Springs

Financial Details

  • Price per Sqft: $554.94
  • Tax Annual Amount: $11237.5
  • On Market Date: 2024-05-30T00:00:00.000Z
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 $778,353 (87%)
You can enter any amount below - secondary financing will cover the difference if needed.
87%
$

You cover the entire equity of $778,353!

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

Loan Breakdown

Assumed Mortgage3.96% Sellers Rate
$120,647
Your Cash:$778,353
Total Purchase Price:$899,000

Assumed vs Traditional Mortgage

Assumed @ 3.96%
$800/mo
Traditional @ 7.5%
$1,180/mo
You save $380/month ($4,556/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 219112213PS

Listing From:

Last updated: 2024-12-05T03:31:25.000Z

© , 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

3.96%
7.15%

Principal & Interest

$800 /mo
$1,137 /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 $778,353 (87%)
You can enter any amount below - secondary financing will cover the difference if needed.
87%
$

You cover the entire equity of $778,353!

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

Loan Breakdown

Assumed Mortgage3.96% Sellers Rate
$120,647
Your Cash:$778,353
Total Purchase Price:$899,000

Assumed vs Traditional Mortgage

Assumed @ 3.96%
$800/mo
Traditional @ 7.5%
$1,180/mo
You save $380/month ($4,556/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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