Laura Jewett

Laura Jewett

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Pending

$344,500

($124,891 down)
FHA

40787 Cheyenne Trail, Cherry Valley, CA 92223

2
2
2,278 sqft
PITI Monthly
$3,005.44 /mo

Listing courtesy of: VICTORIA DAVIS, PINES TO PALMS REAL ESTATE

Assumed Rate

6.77%
7.15%

Principal & Interest

$2,252 /mo
$2,340 /mo

What's Special

SERENE
DINING
MODERN
GRANITE COUNTERTOPS

Back on marker!!!! Calling all buyers, check out this Lake and Golf Course View! Welcome to Highland Springs Village, where serene lake and mountain vistas await you. This two-bedroom, two-bathroom residence offers a seamless flow from the upgraded kitchen to the dining and living areas, perfect for both everyday living and entertaining. With this upgraded Kitchen enjoy modern amenities with granite countertops and stylish cabinetry. Stay comfortable with central air conditioning and central heating. Newer vinyl windows enhance both the aesthetics and energy efficiency of the home. Lots of storage both inside and outside. Situated within a 55+ senior community, this home not only offers comfort and style but also a vibrant and supportive lifestyle. Don’t miss out on the opportunity to make this exceptional property

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.77
Remaining Loan Term
11 years, 3 months
Monthly PITI
$3,005.44/mo
Estimated Loan Balance
$261,330
Cash to close
$124,891
Interest Paid
$372,597

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None, Association

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Traditional
Materials
  • Unknown
  • Roof: Composition
Condition
  • Year Built: 1978
Details
  • Builder:

Community & HOA

Community
  • Subdivision: ,Highland Springs
  • Features: Biking, Golf
HOA
  • Has HOA: Yes
  • HOA Name: Highland Springs Village
  • HOA Amenities: Unknown
  • HOA Fee: $167
  • HOA Frequency: $Monthly
Location
  • Region: Cherry Valley

Financial Details

  • Price per Sqft: $151.23
  • Tax Annual Amount: $4306.25
  • On Market Date: 2024-08-24T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $124,891 (36%)
You can enter any amount below - secondary financing will cover the difference if needed.
36%
$

You cover the entire equity of $124,891!

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

Loan Breakdown

Assumed Mortgage6.77% Sellers Rate
$219,609
Your Cash$124,891
Total Purchase Price:$344,500

Assumed vs Traditional Mortgage

Assumed @ 6.77%
$2,252/mo
Traditional @ 7.5%
$2,428/mo
You save $176/month ($2,106/year)

*Secondary financing rates are an estimated value based on input

MLS ID: EV24175581

Listing From:

Last updated: 2025-04-02T12:46:00.000Z

© , 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

6.77%
7.15%

Principal & Interest

$2,252 /mo
$2,340 /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 $124,891 (36%)
You can enter any amount below - secondary financing will cover the difference if needed.
36%
$

You cover the entire equity of $124,891!

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

Loan Breakdown

Assumed Mortgage6.77% Sellers Rate
$219,609
Your Cash$124,891
Total Purchase Price:$344,500

Assumed vs Traditional Mortgage

Assumed @ 6.77%
$2,252/mo
Traditional @ 7.5%
$2,428/mo
You save $176/month ($2,106/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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