Laura Jewett

Laura Jewett

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$649,000

($387,240 down)
FHA

31075 San Ardo Avenue, Cathedral City, CA 92234

4
2
1,926 sqft
PITI Monthly
$2,529.32 /mo

Listing courtesy of: Michael Valerio, HomeSmart

Assumed Rate

3.92%
7.15%

Principal & Interest

$1,431 /mo
$2,045 /mo

What's Special

LOCATION
SPACIOUS
LUXURY
GRANITE COUNTERTOPS
VAULTED CEILINGS
PATIO
EFFICIENT
SOLAR PANELS
NO HOA

Discover this meticulously maintained home in the sought-after Rich Sands Estates neighborhood of Cathedral City. Built in 2003, this spacious 4 bedroom, 2 bathroom property offers 1,926 sq. ft. of comfortable living space on a 8,712 sq. ft. lot. Thoughtfully designed with energy-efficient solar panels to help keep energy bills low, this home is an entertainer's dream. Enjoy the outdoor oasis with a large swimming pool and spa, a stylish cabana, mini putting green, and a covered patio perfect for gatherings or relaxation. The open floor planfeatures vaulted ceilings and elegant granite countertops that add to its charm and appeal. With no HOA fees and a prime location in the heart of Cathedral City, this home combines luxury, convenience, and value.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.92
Remaining Loan Term
22 years, 10 months
Monthly PITI
$2,529.32/mo
Estimated Loan Balance
$413,477
Cash to close
$387,240
Interest Paid
$79,240

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom, SeeRemarks
  • Flooring: Unknown

Exterior

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

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 2003
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Rich Sands Estates
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Cathedral City

Financial Details

  • Price per Sqft: $336.97
  • Tax Annual Amount: $8112.5
  • On Market Date: 2024-11-11T00:00:00.000Z
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 $387,240 (60%)
You can enter any amount below - secondary financing will cover the difference if needed.
60%
$

You cover the entire equity of $387,240!

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

Loan Breakdown

Assumed Mortgage3.92% Sellers Rate
$261,760
Your Cash:$387,240
Total Purchase Price:$649,000

Assumed vs Traditional Mortgage

Assumed @ 3.92%
$1,431/mo
Traditional @ 7.5%
$2,121/mo
You save $689/month ($8,274/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 219119752DA

Listing From:

Last updated: 2025-03-22T15:36:47.000Z

© , 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

3.92%
7.15%

Principal & Interest

$1,431 /mo
$2,045 /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 $387,240 (60%)
You can enter any amount below - secondary financing will cover the difference if needed.
60%
$

You cover the entire equity of $387,240!

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

Loan Breakdown

Assumed Mortgage3.92% Sellers Rate
$261,760
Your Cash:$387,240
Total Purchase Price:$649,000

Assumed vs Traditional Mortgage

Assumed @ 3.92%
$1,431/mo
Traditional @ 7.5%
$2,121/mo
You save $689/month ($8,274/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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