Laura Jewett

Laura Jewett

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$415,000

($343,630 down)
FHA

281 W 12th Street, Beaumont, CA 92223

2
2
1,231 sqft
PITI Monthly
$1,228.97 /mo

Listing courtesy of: Martin Olson, REALTY ONE GROUP WEST

Assumed Rate

5.5%
7.15%

Principal & Interest

$575 /mo
$684 /mo

What's Special

SPACIOUS
GRANITE COUNTERTOPS

Cute spacious single story ranch home. This home sits on a 17,870 sq. ft. lot. The home is shown as a 2 bedroom with 2 baths however it has 3 bedrooms and 2 ½ baths. It has a huge family room. The kitchen has granite countertops and plenty of cabinets for storage. The refrigerator and stove will be left for the new buyers. Both the front and back yard are large enough to add more rooms or an ADU. There is ample space for RVs or anything on the side of the home and a large shed in back it is also completely fenced. The roof is only 3 years old. Nestled in a growing community with easy access to amenities, schools, and highways, this property promises tremendous upside potential

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.5
Remaining Loan Term
15 years, 2 months
Monthly PITI
$1,228.97/mo
Estimated Loan Balance
$82,897
Cash to close
$343,630
Interest Paid
$71,953

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Electric
Features
  • Materials: Drywall, Glass, Masonite, Concrete, Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom
  • Flooring: Tile

Exterior

Fencing
  • Fencing: AverageCondition, Wood
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: Yes
  • 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: Contemporary
Materials
  • Drywall, Glass, Masonite, Concrete, Stucco
  • Roof: Composition
Condition
  • Year Built: 1940
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Unknown
  • Features: Suburban
HOA
  • Has HOA: No
Location
  • Region: Beaumont

Financial Details

  • Price per Sqft: $337.12
  • Tax Annual Amount: $5187.5
  • On Market Date: 2025-01-21T00:00:00.000Z
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 $343,630 (83%)
You can enter any amount below - secondary financing will cover the difference if needed.
83%
$

You cover the entire equity of $343,630!

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

Loan Breakdown

Assumed Mortgage5.5% Sellers Rate
$71,370
Your Cash:$343,630
Total Purchase Price:$415,000

Assumed vs Traditional Mortgage

Assumed @ 5.5%
$575/mo
Traditional @ 7.5%
$709/mo
You save $134/month ($1,614/year)

*Secondary financing rates are an estimated value based on input

MLS ID: CV25008489

Listing From:

Last updated: 2025-01-30T19:34:09.000Z

© , 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

5.5%
7.15%

Principal & Interest

$575 /mo
$684 /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 $343,630 (83%)
You can enter any amount below - secondary financing will cover the difference if needed.
83%
$

You cover the entire equity of $343,630!

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

Loan Breakdown

Assumed Mortgage5.5% Sellers Rate
$71,370
Your Cash:$343,630
Total Purchase Price:$415,000

Assumed vs Traditional Mortgage

Assumed @ 5.5%
$575/mo
Traditional @ 7.5%
$709/mo
You save $134/month ($1,614/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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