Laura Jewett

Laura Jewett

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Closed

$250,000

($189,606 down)
FHA

31301 Cedarwood Drive, Running Springs, CA 92382

2
2
930 sqft
PITI Monthly
$602.72 /mo

Listing courtesy of: KALEIGH MORRIS, KELLER WILLIAMS LAKE ARROWHEAD

Assumed Rate

3.91%
7.15%

Principal & Interest

$394 /mo
$563 /mo

What's Special

LOCATION
SPACIOUS
CHARMING

Explore the possibilities with this charming 2-bedroom, 1.5-bathroom single-story home, nestled in a tranquil neighborhood. Featuring a convenient layout and a fenced backyard, this property offers a promising canvas for renovation and personalization. Step inside to discover a spacious living area, ideal for relaxing or entertaining guests. The adjacent kitchen provides ample room for culinary creativity with easy access to the backyard for outdoor gatherings through the laundry/mudroom. The primary bedroom offers added privacy and convenience with its attached half bath, perfect for quick access without disturbing others. The full bathroom serves both bedrooms, ensuring comfort and functionality for all residents. Outside, the fenced backyard offers privacy and space for gardening, pets, or enjoying the fresh air in a peaceful setting. While this home requires some TLC and updates, envision the opportunity to create your ideal sanctuary. Whether you're looking to invest in your first home or seeking a project with potential, this property presents a fantastic opportunity to make your mark in a desirable location. Embrace the potential and envision the future in this inviting single-story residence.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.91
Remaining Loan Term
17 years, 2 months
Monthly PITI
$602.72/mo
Estimated Loan Balance
$95,306
Cash to close
$189,606
Interest Paid
$36,265

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: WallWindowUnits
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Wood
Roof
  • Roof: Composition, Shingle
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • 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: Composition, Shingle
Condition
  • Year Built: 1965
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Upper Rowco (UPRW)
  • Features: Biking, Hiking, Mountainous, NearNationalForest, Park
HOA
  • Has HOA: No
Location
  • Region: Running Springs

Financial Details

  • Price per Sqft: $268.82
  • Tax Annual Amount: $
  • On Market Date: 2024-07-15T00:00:00.000Z
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 $189,606 (76%)
You can enter any amount below - secondary financing will cover the difference if needed.
76%
$

You cover the entire equity of $189,606!

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

Loan Breakdown

Assumed Mortgage3.91% Sellers Rate
$60,394
Your Cash:$189,606
Total Purchase Price:$250,000

Assumed vs Traditional Mortgage

Assumed @ 3.91%
$394/mo
Traditional @ 7.5%
$584/mo
You save $190/month ($2,284/year)

*Secondary financing rates are an estimated value based on input

MLS ID: EV24143548

Listing From:

Last updated: 2024-09-22T17:40:18.000Z

© , 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

3.91%
7.15%

Principal & Interest

$394 /mo
$563 /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 $189,606 (76%)
You can enter any amount below - secondary financing will cover the difference if needed.
76%
$

You cover the entire equity of $189,606!

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

Loan Breakdown

Assumed Mortgage3.91% Sellers Rate
$60,394
Your Cash:$189,606
Total Purchase Price:$250,000

Assumed vs Traditional Mortgage

Assumed @ 3.91%
$394/mo
Traditional @ 7.5%
$584/mo
You save $190/month ($2,284/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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