Laura Jewett

Laura Jewett

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Closed

$360,000

($227,487 down)
FHA

2775 Duncan Road, Phelan, CA 92371

3
2
1,152 sqft
PITI Monthly
$1,396.3 /mo

Listing courtesy of: Miguel Valeriano Martine, Coldwell Banker Realty

Assumed Rate

4.17%
7.15%

Principal & Interest

$761 /mo
$1,054 /mo

What's Special

OPEN CONCEPT
SERENE
SPACIOUS
MODERN
PATIO
RENTAL INCOME

Nestled amidst a serene desert landscape, this single-story gem is move in ready offering a modern updated interior, spread across 1.96 acres offering boundless of opportunities to enhance and add value, secured by an exceptional fence surrounding the property for both ease and privacy, and a garage converted to a living space with its own bathroom, bedroom, and kitchen. This single story home is beautifully framed by towering, mature pine trees, creating a serene canopy that perfectly complements the expansive desert views. Set on a 5 year old concrete patio, crafted for durability, style, and low maintenance, is the ultimate foundation for outdoor living, your next gathering, or your blank canvas awaiting your personal touch. Step into an open concept featuring 10ft high cathedral ceilings that add a sense of grandeur, waterproof & scratchproof vinyl flooring, anchored by a striking wood-burning stove, set against an immaculate ceramic tile backdrop exuding both style and functionality. In the kitchen, a luxurious 9ft quartz island with ample space takes center stage, showcasing a sleek, 3 year old high-arc faucet & deep-set sink, perfectly complemented by new modern ceiling fans with additional washer/dryer hookups. The primary suite offers dual closets and a new ceiling fan with every room harmoniously aligned to reflect the home’s cohesive, modern design. The garage conversion transforms into a versatile, stylish living space, boasting a sophisticated blend of vinyl and elegant ceramic flooring. Complete with its own spacious living area, bedroom, full sized bathroom, and washer/dryer hookups, this area is perfect for hosting guests, accommodating family, or additional rental income. Residents enjoy outdoor activities such as the mountain high ski resort in Wrightwood mountains, El Mirage for off roading adventures, Silverwood Lake, Pacific Crest Trail stretching from Silverwood to Wrightwood, horseback riding, and ziplines at Pacific Crest. Whether you’re seeking a private sanctuary or a dynamic space to entertain, this home delivers it all. Don’t miss the opportunity to own a property that offers limitless potential and an exceptional lifestyle.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.17
Remaining Loan Term
22 years, 0 months
Monthly PITI
$1,396.3/mo
Estimated Loan Balance
$138,639
Cash to close
$227,487
Interest Paid
$48,215

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: WallWindowUnits
  • Heating: Central, WoodStove
Features
  • Materials: Concrete
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: WoodBurning
  • Flooring: Vinyl

Exterior

Fencing
  • Fencing: ChainLink
Roof
  • Roof: Shingle
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: Yes
  • Carport Spaces:
Water
  • Sewer: SepticTank
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: ManufacturedOnLand
  • Architectural Style: Unknown
Materials
  • Concrete
  • Roof: Shingle
Condition
  • Year Built: 1987
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Hiking, Mountainous, Park
HOA
  • Has HOA: No
Location
  • Region: Phelan

Financial Details

  • Price per Sqft: $312.5
  • Tax Annual Amount: $4500
  • On Market Date: 2024-11-21T00:00:00.000Z
Inquire about this property

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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 $227,487 (63%)
You can enter any amount below - secondary financing will cover the difference if needed.
63%
$

You cover the entire equity of $227,487!

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

Loan Breakdown

Assumed Mortgage4.17% Sellers Rate
$132,513
Your Cash:$227,487
Total Purchase Price:$360,000

Assumed vs Traditional Mortgage

Assumed @ 4.17%
$761/mo
Traditional @ 7.5%
$1,094/mo
You save $333/month ($3,996/year)

*Secondary financing rates are an estimated value based on input

MLS ID: PW24236178

Listing From:

Last updated: 2024-12-03T03:21:01.000Z

© , 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

4.17%
7.15%

Principal & Interest

$761 /mo
$1,054 /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 $227,487 (63%)
You can enter any amount below - secondary financing will cover the difference if needed.
63%
$

You cover the entire equity of $227,487!

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

Loan Breakdown

Assumed Mortgage4.17% Sellers Rate
$132,513
Your Cash:$227,487
Total Purchase Price:$360,000

Assumed vs Traditional Mortgage

Assumed @ 4.17%
$761/mo
Traditional @ 7.5%
$1,094/mo
You save $333/month ($3,996/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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