Laura Jewett

Laura Jewett

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Closed

$250,000

($78,383 down)
FHA

24744 Old Mine Road, Apple Valley, CA 92307

1
1
735 sqft
PITI Monthly
$1,235.53 /mo

Listing courtesy of: Randy Murphy, RE/MAX FREEDOM

Assumed Rate

2.98%
7.15%

Principal & Interest

$929 /mo
$1,492 /mo

What's Special

MODERN
GRANITE COUNTERTOPS
CHARMING
COZY

Seller is willing to cover buyers closing costs! HUGE PRICE REDUCTION!! WHERE ELSE CAN YOU GET 3.8 ACRES AND A HOME FOR 250K???Nestled in the sought-after Thunderbird Estates of Apple Valley, this charming property offers a unique blend of cozy living and expansive outdoor possibilities. The home, recently updated with modern amenities such as new kitchen cabinets, granite countertops, new AC and stylish wide plank flooring, provides a warm and inviting atmosphere. The generous 3.8 acres of flat, usable land presents a blank canvas for a variety of uses, from establishing a horse ranch to creating a multi-home compound. The detached shed, already insulated and powered, adds to the versatility of this estate. With its proximity to essential amenities and the freedom to indulge in off-road adventures right from your doorstep, this property truly captures the essence of a personalized retreat. Embrace the opportunity to transform this space into your dream haven. For those interested in exploring the potential of this home and land, current listings in the area can provide valuable insights into the community and market trends. please reach out today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.98
Remaining Loan Term
26 years, 5 months
Monthly PITI
$1,235.53/mo
Estimated Loan Balance
$221,502
Cash to close
$78,383
Interest Paid
$22,708

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 1
  • Bathrooms: 1
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Unknown
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: SeeRemarks
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: SepticTank
  • 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: 1958
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Hiking, HorseTrails, Mountainous, Rural, Valley
HOA
  • Has HOA: No
Location
  • Region: Apple Valley

Financial Details

  • Price per Sqft: $340.14
  • Tax Annual Amount: $
  • On Market Date: 2024-08-28T00:00:00.000Z
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 $78,383 (31%)
You can enter any amount below - secondary financing will cover the difference if needed.
31%
$

You cover the entire equity of $78,383!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$171,617
Your Cash$78,383
Total Purchase Price:$250,000

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$929/mo
Traditional @ 7.5%
$1,548/mo
You save $619/month ($7,425/year)

*Secondary financing rates are an estimated value based on input

MLS ID: HD24176878

Listing From:

Last updated: 2024-11-25T17:19:11.000Z

© , 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

2.98%
7.15%

Principal & Interest

$929 /mo
$1,492 /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 $78,383 (31%)
You can enter any amount below - secondary financing will cover the difference if needed.
31%
$

You cover the entire equity of $78,383!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$171,617
Your Cash$78,383
Total Purchase Price:$250,000

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$929/mo
Traditional @ 7.5%
$1,548/mo
You save $619/month ($7,425/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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