Laura Jewett

Laura Jewett

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Pending

$515,000

($258,858 down)
FHA

486 N Allen Street, Banning, CA 92220

4
2
1,972 sqft
PITI Monthly
$2,043.16 /mo

Listing courtesy of: ALICIA POWELL, COLDWELL BANKER KIVETT-TEETERS

Assumed Rate

2.77%
7.15%

Principal & Interest

$1,143 /mo
$1,886 /mo

What's Special

SPACIOUS
FIREPLACE
COZY
NO HOA

This stunning single-story residence, built in 2008, boasts a captivating open floor plan that is sure to impress. As you step inside, you'll be greeted by a spacious living room adorned with a cozy fireplace, creating the perfect ambiance for relaxation and gatherings. The kitchen is a chef's delight, featuring abundant cabinets and countertop space, ideal for entertaining friends and family. Prepare to be amazed by the generously sized bedrooms, offering ample room for comfort and relaxation. Additional highlights of this remarkable home include ceiling fans throughout, a sprawling backyard waiting to be transformed into your private oasis, and a convenient 2-car garage with direct access to the home. With no HOA, this property offers the ultimate freedom and flexibility. Don't miss out on the opportunity to make this your forever home!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.77
Remaining Loan Term
25 years, 9 months
Monthly PITI
$2,043.16/mo
Estimated Loan Balance
$257,241
Cash to close
$258,858
Interest Paid
$31,344

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Security
Roof
  • Roof: Tile
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: Modern
Materials
  • Unknown
  • Roof: Tile
Condition
  • Year Built: 2008
Details
  • Builder:

Community & HOA

Community
  • Subdivision: ,N.A
  • Features: Foothills
HOA
  • Has HOA: No
Location
  • Region: Banning

Financial Details

  • Price per Sqft: $261.16
  • Tax Annual Amount: $6437.5
  • On Market Date: 2024-05-14T00:00:00.000Z
Inquire about this property

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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 $258,858 (50%)
You can enter any amount below - secondary financing will cover the difference if needed.
50%
$

You cover the entire equity of $258,858!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$256,142
Your Cash:$258,858
Total Purchase Price:$515,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$1,143/mo
Traditional @ 7.5%
$1,956/mo
You save $813/month ($9,759/year)

*Secondary financing rates are an estimated value based on input

MLS ID: EV24092984

Listing From:

Last updated: 2025-04-02T00:51:41.000Z

© , 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

2.77%
7.15%

Principal & Interest

$1,143 /mo
$1,886 /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 $258,858 (50%)
You can enter any amount below - secondary financing will cover the difference if needed.
50%
$

You cover the entire equity of $258,858!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$256,142
Your Cash:$258,858
Total Purchase Price:$515,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$1,143/mo
Traditional @ 7.5%
$1,956/mo
You save $813/month ($9,759/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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