Laura Jewett

Laura Jewett

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Closed

$415,000

($171,681 down)
FHA

41381 Shadow Palm Way, Hemet, CA 92544

2
2
1,316 sqft
PITI Monthly
$1,414.53 /mo

Listing courtesy of: Denise Munoz, Re/Max Diamond Prestige

Assumed Rate

2.87%
7.15%

Principal & Interest

$1,080 /mo
$1,759 /mo

What's Special

PATIO
LANDSCAPED
COZY
SOLAR PANELS
NO HOA

Don't miss out on this cozy 2 bedroom, 2 bathroom, 1316 square feet and two car garage. The home has a total of 16 solar panels that has been paid off! This wonderful home is perfect for a first time home buyer or someone looking to down size. Beautiful curb appeal! The front yard has been professionally landscaped with shrubs, flowers, trees, artificial grass, automatic sprinklers, and a drip system in the front and back. The home has been freshly painted as well as the kitchen cabinets with new flooring in the kitchen. Both bathroom shower and tub have been redone professionaly. The back yard features a covered patio with grass and shrubs. Low property taxes and no HOA!!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.87
Remaining Loan Term
26 years, 5 months
Monthly PITI
$1,414.53/mo
Estimated Loan Balance
$244,312
Cash to close
$171,681
Interest Paid
$25,768

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: LivingRoom
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Wood
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • 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
Condition
  • Year Built: 1985
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: StormDrains, StreetLights, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Hemet

Financial Details

  • Price per Sqft: $315.35
  • Tax Annual Amount: $
  • On Market Date: 2024-06-25T00:00:00.000Z
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 $171,681 (41%)
You can enter any amount below - secondary financing will cover the difference if needed.
41%
$

You cover the entire equity of $171,681!

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

Loan Breakdown

Assumed Mortgage2.87% Sellers Rate
$243,319
Your Cash$171,681
Total Purchase Price:$415,000

Assumed vs Traditional Mortgage

Assumed @ 2.87%
$1,080/mo
Traditional @ 7.5%
$1,825/mo
You save $745/month ($8,938/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SW24129677

Listing From:

Last updated: 2024-09-06T12:31:00.000Z

© , 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

2.87%
7.15%

Principal & Interest

$1,080 /mo
$1,759 /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 $171,681 (41%)
You can enter any amount below - secondary financing will cover the difference if needed.
41%
$

You cover the entire equity of $171,681!

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

Loan Breakdown

Assumed Mortgage2.87% Sellers Rate
$243,319
Your Cash$171,681
Total Purchase Price:$415,000

Assumed vs Traditional Mortgage

Assumed @ 2.87%
$1,080/mo
Traditional @ 7.5%
$1,825/mo
You save $745/month ($8,938/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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