Laura Jewett

Laura Jewett

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$135,000

($133,954 down)
FHA

49200 Old Mill Road, Morongo Valley, CA 92256

N/A
N/A
sqft
PITI Monthly
$864.49 /mo

Listing courtesy of: Allison Gaunder, Inspire Real Estate

Assumed Rate

4.5%
7.15%

Principal & Interest

$526 /mo
$624 /mo

What's Special

MODERN

Nestled on a sprawling 4.5-acre canvas, this remarkable parcel unveils an awe-inspiring vista of majestic Mt. San Jacinto, its snow-capped peaks painting a picture-perfect backdrop that evolves with the seasons. Located conveniently off a main road, accessibility is seamless, with the added advantage of a pre-installed WATER METER and nearby power infrastructure, ensuring both convenience and feasibility for your dream project. In this coveted locale, visionaries and builders alike are drawn to the allure of this panorama, where bespoke new constructions harmoniously blend with the natural grandeur. The surrounding sanctuary of the Sand to Snow National Monument enfolds you in a tapestry of protected montane and desert ecosystems, promising tranquility and preservation. For the outdoor enthusiast, the possibilities are boundless. Trails weave through the landscape like threads of adventure, inviting exploration on foot, bike, or horseback in every direction. This oasis of calm resides at the southern end of Morongo Valley, offering not just a place to call home, but a gateway to effortless commutes towards the vibrant Lower Desert Cities. Discover a haven where panoramic perfection meets practicality, and every sunrise brings a new masterpiece. Embrace the essence of Southern California living at its finest, where nature's beauty and modern convenience converge in a setting that promises both serenity and inspiration.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.5
Remaining Loan Term
Loan term completed
Monthly PITI
$864.49/mo
Estimated Loan Balance
$46,402
Cash to close
$133,954
Interest Paid
$25,911

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms:
  • Bathrooms:
Cooling & Heating
  • Cooling: Unknown
  • Heating: Unknown
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: No
  • Garage Spaces:
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

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

Community & HOA

Community
  • Subdivision:
  • Features: Biking, Hiking, HorseTrails, Rural
HOA
  • Has HOA: No
Location
  • Region: Morongo Valley

Financial Details

  • Price per Sqft: $135,000
  • Tax Annual Amount: $1687.5
  • On Market Date: 2024-06-24T00:00:00.000Z
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.

Apply now

Savings Calculator

Current cash to close is $133,954 (99%)
You can enter any amount below - secondary financing will cover the difference if needed.
99%
$

You cover the entire equity of $133,954!

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

Loan Breakdown

Assumed Mortgage4.5% Sellers Rate
$1,046
Your Cash:$133,954
Total Purchase Price:$135,000

Assumed vs Traditional Mortgage

Assumed @ 4.5%
$526/mo
Traditional @ 7.5%
$638/mo
You save $112/month ($1,346/year)

*Secondary financing rates are an estimated value based on input

MLS ID: JT24124601

Listing From:

Last updated: 2025-01-14T02:22:41.000Z

© , 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

4.5%
7.15%

Principal & Interest

$526 /mo
$624 /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 $133,954 (99%)
You can enter any amount below - secondary financing will cover the difference if needed.
99%
$

You cover the entire equity of $133,954!

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

Loan Breakdown

Assumed Mortgage4.5% Sellers Rate
$1,046
Your Cash:$133,954
Total Purchase Price:$135,000

Assumed vs Traditional Mortgage

Assumed @ 4.5%
$526/mo
Traditional @ 7.5%
$638/mo
You save $112/month ($1,346/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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