Laura Jewett

Laura Jewett

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$695,000

($326,928 down)
FHA

385 Iris Drive, Twin Peaks, CA 92391

4
3
2,000 sqft
PITI Monthly
$2,786.02 /mo

Listing courtesy of: BETHANY CLEMENTS, COLDWELL BANKER SKY RIDGE REALTY

Assumed Rate

3.07%
7.15%

Principal & Interest

$1,666 /mo
$2,645 /mo

What's Special

DINING
FIREPLACE
DECK

Magnificent Lodge Style Home ~ It's the one you've been looking for!! This rustic masterpiece in the mountains is all ready for its new owner. And with four bedrooms, three baths, there is room for everyone! Completely updated, there is no doubt that this home shows pride of ownership with so many artistic and creative designs throughout. Large level driveway with beautiful stonework offers plenty of parking for you and your guests. There's even storage for your motorcycles or ATV's under the front deck. Seasonal stream with perfectly placed rocks. Few steps up to a warm and inviting front entry with stone siding. New A/C recently installed. Main level features an open floor plan with living room, dining and kitchen, nice flagstone flooring throughout. Soaring ceilings allow for big windows which bring in all the natural light. Dual pane windows. Stacked stone fireplace is the center of attention in this space! Bedroom and bath on the main level. Primary Bedroom & Bath is upstairs, more bedrooms downstairs! Kitchen boasts some really fantastic upgrades including unique cement countertops, barn wood backsplash, farm style sink. Access the lovely wrap around deck from the living area, with peaceful views. There are so many thoughtful upgrades to this property, you're going to have to come see for yourself!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.07
Remaining Loan Term
26 years, 8 months
Monthly PITI
$2,786.02/mo
Estimated Loan Balance
$371,666
Cash to close
$326,928
Interest Paid
$38,708

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: ForcedAir
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom, WoodBurning
  • Flooring: Carpet, SeeRemarks, Stone

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PrivateSewer
  • Water Source: Private
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 3
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Composition
Condition
  • Year Built: 1979
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Twin Peaks (TWIN)
  • Features: Rural
HOA
  • Has HOA: No
Location
  • Region: Twin Peaks

Financial Details

  • Price per Sqft: $347.5
  • Tax Annual Amount: $8687.5
  • On Market Date: 2024-10-19T00:00:00.000Z
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 $326,928 (47%)
You can enter any amount below - secondary financing will cover the difference if needed.
47%
$

You cover the entire equity of $326,928!

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

Loan Breakdown

Assumed Mortgage3.07% Sellers Rate
$368,072
Your Cash$326,928
Total Purchase Price:$695,000

Assumed vs Traditional Mortgage

Assumed @ 3.07%
$1,666/mo
Traditional @ 7.5%
$2,744/mo
You save $1,078/month ($12,933/year)

*Secondary financing rates are an estimated value based on input

MLS ID: IG24217274

Listing From:

Last updated: 2025-03-27T20:27:46.000Z

© , 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

3.07%
7.15%

Principal & Interest

$1,666 /mo
$2,645 /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 $326,928 (47%)
You can enter any amount below - secondary financing will cover the difference if needed.
47%
$

You cover the entire equity of $326,928!

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

Loan Breakdown

Assumed Mortgage3.07% Sellers Rate
$368,072
Your Cash$326,928
Total Purchase Price:$695,000

Assumed vs Traditional Mortgage

Assumed @ 3.07%
$1,666/mo
Traditional @ 7.5%
$2,744/mo
You save $1,078/month ($12,933/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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