Laura Jewett

Laura Jewett

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Closed

$510,000

($237,123 down)
FHA

23848 Dracaea Avenue, Moreno Valley, CA 92553

3
2
1,543 sqft
PITI Monthly
$1,757.47 /mo

Listing courtesy of: VANESSA LINARES, PONCE & PONCE REALTY, INC

Assumed Rate

3.61%
7.15%

Principal & Interest

$1,377 /mo
$2,043 /mo

What's Special

SHOPPING
SPACIOUS
FIREPLACE
COZY

Nestled on a 7,405 square foot lot, this cozy home offers 1,543 square feet of living space with three bedrooms and two bathrooms. As you enter, a welcoming living room greets you, complete with a fireplace for cozy nights. Three bedrooms down the hall provide peaceful retreats, with the primary bedroom boasting its own bathroom. Outside, a spacious backyard awaits, perfect for outdoor activities. A two-car garage adds convenience and storage space. Home is located near Sunnymead Elementary and middle school within a half mile radius. Just down the road is a shopping center and gas stations nearby for added convenience.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.61
Remaining Loan Term
24 years, 7 months
Monthly PITI
$1,757.47/mo
Estimated Loan Balance
$281,871
Cash to close
$237,123
Interest Paid
$56,019

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • 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: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1981
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: StreetLights, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Moreno Valley

Financial Details

  • Price per Sqft: $330.52
  • Tax Annual Amount: $
  • 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.

Apply now

Savings Calculator

Current cash to close is $237,123 (46%)
You can enter any amount below - secondary financing will cover the difference if needed.
46%
$

You cover the entire equity of $237,123!

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

Loan Breakdown

Assumed Mortgage3.61% Sellers Rate
$272,877
Your Cash$237,123
Total Purchase Price:$510,000

Assumed vs Traditional Mortgage

Assumed @ 3.61%
$1,377/mo
Traditional @ 7.5%
$2,119/mo
You save $742/month ($8,904/year)

*Secondary financing rates are an estimated value based on input

MLS ID: EV24104055

Listing From:

Last updated: 2024-12-05T03:32:12.000Z

© , 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

3.61%
7.15%

Principal & Interest

$1,377 /mo
$2,043 /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 $237,123 (46%)
You can enter any amount below - secondary financing will cover the difference if needed.
46%
$

You cover the entire equity of $237,123!

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

Loan Breakdown

Assumed Mortgage3.61% Sellers Rate
$272,877
Your Cash$237,123
Total Purchase Price:$510,000

Assumed vs Traditional Mortgage

Assumed @ 3.61%
$1,377/mo
Traditional @ 7.5%
$2,119/mo
You save $742/month ($8,904/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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