Laura Jewett

Laura Jewett

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$750,000

($364,232 down)
FHA

52645 Avenida Alvarado, La Quinta, CA 92253

3
2
1,417 sqft
PITI Monthly
$3,699.24 /mo

Listing courtesy of: James Galligan, JDGVENTURES

Assumed Rate

6.27%
7.15%

Principal & Interest

$2,423 /mo
$2,653 /mo

What's Special

LOCATION
MINUTES AWAY
SHOPPING
DINING
SPACIOUS
MODERN
LUXURY
STAINLESS STEEL APPLIANCES
MASTER SUITE
PRIVATE BACKYARD
EFFICIENT
VACATION HOME

Welcome to The Cove – Your Desert Oasis! Discover the perfect blend of comfort and luxury in this stunning 3-bedroom, 2-bathroom home located in the heart of La Quinta. With 1,416 square feet of meticulously designed living space, this property is an ideal retreat for families, vacationers, or those seeking a permanent getaway. Key Features: - Spacious Living Areas: Enter into a bright and airy open-concept living area that seamlessly connects the living room, dining space, and kitchen. Large windows allow natural light to flood the space, creating a warm and inviting atmosphere. - Modern Kitchen: The contemporary kitchen is equipped with stainless steel appliances, ample cabinetry, and a convenient breakfast bar, perfect for casual dining and entertaining. - Luxurious Bedrooms: Retreat to the spacious master suite featuring an en-suite bathroom for added privacy. Two additional well-appointed bedrooms provide ample space for family or guests. - Beautiful Bathrooms: The bathrooms are designed with modern finishes and fixtures, offering a relaxing space to unwind. - Outdoor Paradise: Step outside to your private backyard oasis, complete with an infinity pool that offers breathtaking views of the surrounding landscape. Enjoy sunny days lounging by the pool or hosting summer barbecues with family and friends. - Desirable Location: Situated in a tranquil neighborhood, this home is just minutes away from world-class golf courses, shopping, dining, and outdoor recreational activities that La Quinta is renowned for. - Additional Amenities: The property also includes a two-car garage, laundry facilities, and energy-efficient features. Don’t miss this rare opportunity to own a piece of paradise in La Quinta! Whether you’re looking for a permanent residence or a vacation home, The Cove offers the perfect blend of luxury, comfort, and style. Schedule your private showing today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.27
Remaining Loan Term
27 years, 11 months
Monthly PITI
$3,699.24/mo
Estimated Loan Balance
$486,148
Cash to close
$364,232
Interest Paid
$50,698

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: None
  • Heating: Central
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Vinyl

Exterior

Fencing
  • Fencing: Unknown
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: MidCenturyModern
Materials
  • Stucco
  • Roof: Composition
Condition
  • Year Built: 1966
Details
  • Builder:

Community & HOA

Community
  • Subdivision: La Quinta Villas (30811)
  • Features: Golf
HOA
  • Has HOA: No
Location
  • Region: La Quinta

Financial Details

  • Price per Sqft: $529.29
  • Tax Annual Amount: $9375
  • On Market Date: 2024-09-24T00:00:00.000Z
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 $364,232 (49%)
You can enter any amount below - secondary financing will cover the difference if needed.
49%
$

You cover the entire equity of $364,232!

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

Loan Breakdown

Assumed Mortgage6.27% Sellers Rate
$385,768
Your Cash$364,232
Total Purchase Price:$750,000

Assumed vs Traditional Mortgage

Assumed @ 6.27%
$2,423/mo
Traditional @ 7.5%
$2,653/mo
You save $230/month ($2,760/year)

*Secondary financing rates are an estimated value based on input

MLS ID: OC24198939

Listing From:

Last updated: 2024-12-05T05:06:18.000Z

© , 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

6.27%
7.15%

Principal & Interest

$2,423 /mo
$2,653 /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 $364,232 (49%)
You can enter any amount below - secondary financing will cover the difference if needed.
49%
$

You cover the entire equity of $364,232!

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

Loan Breakdown

Assumed Mortgage6.27% Sellers Rate
$385,768
Your Cash$364,232
Total Purchase Price:$750,000

Assumed vs Traditional Mortgage

Assumed @ 6.27%
$2,423/mo
Traditional @ 7.5%
$2,653/mo
You save $230/month ($2,760/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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