Laura Jewett

Laura Jewett

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Closed

$215,000

($93,628 down)
FHA

430 W Wilson Avenue, Ridgecrest, CA 93555

3
1
1,080 sqft
PITI Monthly
$1,029.59 /mo

Listing courtesy of: Angelica Henry, New Palace Realty

Assumed Rate

3.1%
7.15%

Principal & Interest

$553 /mo
$875 /mo

What's Special

REMODELED
DINING
MOVE-IN READY
MODERN
GRANITE COUNTERTOPS
FENCED YARD

Price Reduction! This is an ASSUMABLE LOAN AT ONLY 2.75% !! Welcome Home! Zoned R-3! This single-story with a simple and modern design home is move-in ready! It has a clean, light gray exterior with white trim around the windows and door. The house is situated on an open lot with a path leading to the entry. The fenced yard provides a sense of privacy. This is a large lot with an opportunity for expansion as it is Zoned R-3, meaning an additional 2 units could be built on this lot. The existing home offers the ability to live here as you expand and build the other units! Completely remodeled in 2022, this home offers a nice open floor plan with a great room as you enter that can be a dual living space with a dining area. Featuring laminate flooring throughout and newer carpet in the bedrooms, newer doors and windows, recessed lighting, an indoor laundry room, ceiling fans in bedrooms, and newer closet doors. The lot is large enough to park and store 1 or more RVs with a gate access door. Both the front and back yards are a clean slate for your creative ideas. The open kitchen offers granite countertops and newer cabinets, a dishwasher, a stove overhead exhaust fan and double-sided sink with a detachable faucet sprayer. Come and check this one out, before it's too late! Assumable loan information is available.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.1
Remaining Loan Term
26 years, 10 months
Monthly PITI
$1,029.59/mo
Estimated Loan Balance
$122,325
Cash to close
$93,628
Interest Paid
$12,314

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 1
Cooling & Heating
  • Cooling: EvaporativeCooling
  • Heating: WallFurnace
Features
  • Materials: Drywall, VinylSiding, WoodSiding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Laminate

Exterior

Fencing
  • Fencing: ChainLink, Partial
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

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Modern
Materials
  • Drywall, VinylSiding, WoodSiding
  • Roof: Composition
Condition
  • Year Built: 1948
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $199.07
  • Tax Annual Amount: $2687.5
  • On Market Date: 2025-01-29T00:00:00.000Z
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 $93,628 (44%)
You can enter any amount below - secondary financing will cover the difference if needed.
44%
$

You cover the entire equity of $93,628!

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

Loan Breakdown

Assumed Mortgage3.1% Sellers Rate
$121,372
Your Cash$93,628
Total Purchase Price:$215,000

Assumed vs Traditional Mortgage

Assumed @ 3.1%
$553/mo
Traditional @ 7.5%
$908/mo
You save $355/month ($4,255/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SW25020920

Listing From:

Last updated: 2025-03-18T20:31:47.000Z

© , 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

3.1%
7.15%

Principal & Interest

$553 /mo
$875 /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 $93,628 (44%)
You can enter any amount below - secondary financing will cover the difference if needed.
44%
$

You cover the entire equity of $93,628!

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

Loan Breakdown

Assumed Mortgage3.1% Sellers Rate
$121,372
Your Cash$93,628
Total Purchase Price:$215,000

Assumed vs Traditional Mortgage

Assumed @ 3.1%
$553/mo
Traditional @ 7.5%
$908/mo
You save $355/month ($4,255/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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