Laura Jewett

Laura Jewett

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Closed

$485,000

($229,667 down)
FHA

54210 Avenida Mendoza, La Quinta, CA 92253

3
2
1,318 sqft
PITI Monthly
$2,271.95 /mo

Listing courtesy of: Martha Brown, Windermere Real Estate

Assumed Rate

4.27%
7.15%

Principal & Interest

$1,399 /mo
$1,917 /mo

What's Special

LOCATION
SPACIOUS
FIREPLACE
CHARMING

WOW, 3BR, Pool and 2 Car Garage under $490K!!! Premier Location High up in the Cove and Super Close to the Mountains and all the Trails! Live the La Quinta Lifestyle. Great Room Features Charming Rock Accented Fireplace with Oversized Hearth and Vaulted Ceiling, Updated Kitchen with Granite Slab Counters and Stainless Appliances, French Doors Open to Spacious Back Yard with Covered Lanai Area and Newly Resurfaced Pool. Newer HVAC, Newer Hot Water Heater. This Home also has Easy Driving Access as it can be reached from Eisenhower or Avenida Bermudas. It is also Close to Fritz Burns Park where there is a Community Swimming Pool and some Serious Pickleball Courts and Challenging Play at all Levels! Minutes to Old Town La Quinta to Enjoy Shops, Restaurants, Farmers Market, Lawn Concert and Outdoor Movie Nights. Whether you be a Full Time Resident or Pop in for a Weekend Getaway, this is a welcome place waiting for you to call it home!!!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.27
Remaining Loan Term
24 years, 1 months
Monthly PITI
$2,271.95/mo
Estimated Loan Balance
$256,795
Cash to close
$229,667
Interest Paid
$67,946

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir, Electric
  • Heating: Central, Electric, ForcedAir
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Carpet

Exterior

Fencing
  • Fencing: Wood
Roof
  • Roof: Composition, Shingle
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Unknown
Pool
  • Has Pool: Yes
  • Pool Features: Fiberglass, InGround

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Ranch
Materials
  • Stucco
  • Roof: Composition, Shingle
Condition
  • Year Built: 1979
Details
  • Builder:

Community & HOA

Community
  • Subdivision: La Quinta Cove
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: La Quinta

Financial Details

  • Price per Sqft: $367.98
  • Tax Annual Amount: $6062.5
  • On Market Date: 2024-09-17T00:00:00.000Z
Inquire about this property

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Fill out an application to explore financing options for assuming this loan.

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Savings Calculator

Current cash to close is $229,667 (47%)
You can enter any amount below - secondary financing will cover the difference if needed.
47%
$

You cover the entire equity of $229,667!

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

Loan Breakdown

Assumed Mortgage4.27% Sellers Rate
$255,333
Your Cash$229,667
Total Purchase Price:$485,000

Assumed vs Traditional Mortgage

Assumed @ 4.27%
$1,399/mo
Traditional @ 7.5%
$1,988/mo
You save $589/month ($7,065/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 219116810DA

Listing From:

Last updated: 2024-11-11T20:49:10.000Z

© , 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

4.27%
7.15%

Principal & Interest

$1,399 /mo
$1,917 /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 $229,667 (47%)
You can enter any amount below - secondary financing will cover the difference if needed.
47%
$

You cover the entire equity of $229,667!

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

Loan Breakdown

Assumed Mortgage4.27% Sellers Rate
$255,333
Your Cash$229,667
Total Purchase Price:$485,000

Assumed vs Traditional Mortgage

Assumed @ 4.27%
$1,399/mo
Traditional @ 7.5%
$1,988/mo
You save $589/month ($7,065/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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