Laura Jewett

Laura Jewett

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Closed

$299,000

($372,728 down)
FHA

52895 Cedar Drive, Idyllwild, CA 92549

2
2
1,036 sqft
PITI Monthly
$948.82 /mo

Listing courtesy of: Stephanie Yost, Idyllwild Realty

Assumed Rate

10.43%
7.15%

Principal & Interest

$741 /mo
$550 /mo

What's Special

DECK
CUL-DE-SAC
INVESTMENT OPPORTUNITY

A unique investment opportunity in the heart of Pine Cove in Idyllwild! This 2-bedroom, 2-bathroom home is situated on a large lot on a quiet cul-de-sac and exudes classic mountain charm, with a wrap-around deck, and beautifully wooded landscape. The living room features a wood burning stove on a rustic brick nook. The entire home is bright and airy, with plenty light from its surrounding windows. While the home requires updates, its layout is functional and provides a strong foundation for renovation. Leach lines replaced in July 2024. Don't miss this great opportunity! Property is being sold ''as is.''

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
10.43
Remaining Loan Term
Loan term completed
Monthly PITI
$948.82/mo
Estimated Loan Balance
$0
Cash to close
$372,728
Interest Paid
$185,303

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: None
  • Heating: WoodStove, WallFurnace
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FreeStanding, LivingRoom, WoodBurning
  • Flooring: Carpet, Vinyl

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: Yes
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1980
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Not Applicable-1
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Idyllwild

Financial Details

  • Price per Sqft: $288.61
  • Tax Annual Amount: $
  • On Market Date: 2024-08-15T00:00:00.000Z
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 $372,728 (125%)
You can enter any amount below - secondary financing will cover the difference if needed.
125%
$

You cover the entire equity of $372,728!

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

Loan Breakdown

Assumed Mortgage10.43% Sellers Rate
-$73,728
Your Cash:$372,728
Total Purchase Price:$299,000

Assumed vs Traditional Mortgage

Assumed @ 10.43%
$741/mo
Traditional @ 7.5%
$571/mo
You save $-170/month ($-2,043/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 219115389DA

Listing From:

Last updated: 2024-10-29T18:06:44.000Z

© , 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

10.43%
7.15%

Principal & Interest

$741 /mo
$550 /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 $372,728 (125%)
You can enter any amount below - secondary financing will cover the difference if needed.
125%
$

You cover the entire equity of $372,728!

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

Loan Breakdown

Assumed Mortgage10.43% Sellers Rate
-$73,728
Your Cash:$372,728
Total Purchase Price:$299,000

Assumed vs Traditional Mortgage

Assumed @ 10.43%
$741/mo
Traditional @ 7.5%
$571/mo
You save $-170/month ($-2,043/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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