Laura Jewett

Laura Jewett

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Closed

$539,900

($242,743 down)
FHA

38114 Palms Place, Palmdale, CA 93552

3
2
1,384 sqft
PITI Monthly
$1,827.98 /mo

Listing courtesy of: Emily Grajeda, VasTree Real Estate

Assumed Rate

3.31%
7.15%

Principal & Interest

$1,430 /mo
$2,203 /mo

What's Special

DINING
SPACIOUS
FIREPLACE
PATIO

Welcome to a stunning one-story POOL HOME, located in a highly sought out area in East Palmdale. Near the marketplaces on 47th St E, high, middle, and elementary schools, Dry Town Water Park; Features 3 spacious bedrooms + 2 baths Both bathrooms updated with custom tiled walk in showers; Living room with Fireplace and surround system included; Large kitchen with custom cabinets with glass insert doors, granite counters top, crown molding; Kitchen is open to dining room; Master bedroom with double closet with an en suit updated bathroom; Separate laundry room; washer and dryer are included as well, wood-like tiles flooring; Garage is now being used as a guest two bedrooms. Amazing big yard for great outdoor to enjoy the summer, fall and winter Covered patio; fenced ground pool & spa; Shed, space for RV/boat area, huge lot, fruit trees and herb garden already in place.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.31
Remaining Loan Term
25 years, 2 months
Monthly PITI
$1,827.98/mo
Estimated Loan Balance
$321,297
Cash to close
$242,743
Interest Paid
$49,633

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: None
  • Water Source: Public
Pool
  • Has Pool: Yes
  • Pool Features: Fenced, GasHeat, Private

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1989
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Palmdale

Financial Details

  • Price per Sqft: $390.1
  • Tax Annual Amount: $
  • On Market Date: 2024-07-30T00:00:00.000Z
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 $242,743 (45%)
You can enter any amount below - secondary financing will cover the difference if needed.
45%
$

You cover the entire equity of $242,743!

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

Loan Breakdown

Assumed Mortgage3.31% Sellers Rate
$297,157
Your Cash$242,743
Total Purchase Price:$539,900

Assumed vs Traditional Mortgage

Assumed @ 3.31%
$1,430/mo
Traditional @ 7.5%
$2,285/mo
You save $855/month ($10,258/year)

*Secondary financing rates are an estimated value based on input

MLS ID: AR24155849

Listing From:

Last updated: 2024-09-18T23:58:12.000Z

© , 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

3.31%
7.15%

Principal & Interest

$1,430 /mo
$2,203 /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 $242,743 (45%)
You can enter any amount below - secondary financing will cover the difference if needed.
45%
$

You cover the entire equity of $242,743!

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

Loan Breakdown

Assumed Mortgage3.31% Sellers Rate
$297,157
Your Cash$242,743
Total Purchase Price:$539,900

Assumed vs Traditional Mortgage

Assumed @ 3.31%
$1,430/mo
Traditional @ 7.5%
$2,285/mo
You save $855/month ($10,258/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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