Laura Jewett

Laura Jewett

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Closed

$449,999

($26,570 down)
FHA

331 N Woodland Avenue, Banning, CA 92220

3
2
1,276 sqft
PITI Monthly
$3,118.91 /mo

Listing courtesy of: Edgar Gutierrez, Century 21 Allstars

Assumed Rate

6.26%
7.15%

Principal & Interest

$2,663 /mo
$2,918 /mo

What's Special

SHOPPING
DINING
SPACIOUS
GRANITE COUNTERTOPS
COZY

Welcome to this inviting 3-bedroom, 2-bathroom pool home located in the heart of Banning, CA. Set on an expansive 16,988 sqft lot, this property offers the perfect blend of comfort and convenience. Step inside to find a bright and open floor plan featuring a cozy living room, a well-appointed kitchen with great cabinet space, granite countertops, double-pane windows and the bedrooms are generously sized. Outside, the large lot provides plenty of space for outdoor activities and potential future improvements. Enjoy the sunny California weather with your own pool—perfect for relaxing or hosting gatherings. The backyard also offers space for gardening, and a play area. Located just minutes from the Morongo Casino, Cabazon Outlets, local shopping, dining, and major highways and the 10 freeway, this home offers the best of both city living and peaceful, spacious surroundings. Don’t miss the opportunity to make this home yours!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.26
Remaining Loan Term
28 years, 0 months
Monthly PITI
$3,118.91/mo
Estimated Loan Balance
$425,664
Cash to close
$26,570
Interest Paid
$53,478

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: EvaporativeCooling
  • Heating: None
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Unknown

Exterior

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

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1962
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Sylvan Acres
  • Features: Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Banning

Financial Details

  • Price per Sqft: $352.66
  • Tax Annual Amount: $
  • On Market Date: 2024-11-26T00:00:00.000Z
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 $26,570 (6%)
You can enter any amount below - secondary financing will cover the difference if needed.
6%
$

You cover the entire equity of $26,570!

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

Loan Breakdown

Assumed Mortgage6.26% Sellers Rate
$423,429
Your Cash$26,570
Total Purchase Price:$449,999

Assumed vs Traditional Mortgage

Assumed @ 6.26%
$2,663/mo
Traditional @ 7.5%
$3,027/mo
You save $364/month ($4,366/year)

*Secondary financing rates are an estimated value based on input

MLS ID: DW24241008

Listing From:

Last updated: 2025-01-14T02:06:02.000Z

© , 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

6.26%
7.15%

Principal & Interest

$2,663 /mo
$2,918 /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 $26,570 (6%)
You can enter any amount below - secondary financing will cover the difference if needed.
6%
$

You cover the entire equity of $26,570!

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

Loan Breakdown

Assumed Mortgage6.26% Sellers Rate
$423,429
Your Cash$26,570
Total Purchase Price:$449,999

Assumed vs Traditional Mortgage

Assumed @ 6.26%
$2,663/mo
Traditional @ 7.5%
$3,027/mo
You save $364/month ($4,366/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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