Laura Jewett

Laura Jewett

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Closed

$1,500,000

($837,803 down)
VA

544 5th Avenue, Redlands, CA 92374

3
3
3,531 sqft
PITI Monthly
$5,125.57 /mo

Listing courtesy of: Brooks Bailey, Real Broker

Assumed Rate

3.72%
7.15%

Principal & Interest

$3,347 /mo
$4,899 /mo

What's Special

SERENE
DINING
SPACIOUS
MODERN
LUXURY
FIREPLACE
GAME ROOM
PATIO
HISTORIC
COZY

Stunning Redlands Retreat – 544 5th Ave. Discover timeless charm and modern luxury in this impeccably maintained 3-bedroom, 3-bathroom residence, in the heart of historic Redlands. With its striking curb appeal and thoughtfully designed open floor plan, this home offers a perfect blend of classic elegance and contemporary comforts. Step inside to find exquisite wood flooring and custom woodwork that accentuate the home’s character. The grand kitchen is a culinary enthusiast's dream, featuring a professional 6-burner range, Sub-Zero refrigerator, gleaming granite counters, a full stone backsplash, and sleek stainless-steel appliances. Enjoy ample cabinet space, built-in seating, and a breakfast table, along with a separate formal dining room perfect for entertaining. The main floor also includes a cozy living room with a fireplace, a bright family room, and a piano room, all bathed in natural light. The expansive game room adds versatility and space for leisure activities. The main-floor suite provides a private retreat with a spacious layout and en-suite bath designed for relaxation. Upstairs, you’ll find a second primary suite with its own private den/office space. The luxurious bath features custom stone finishes and elegant fixtures, enhancing your daily routine. Step outside to your private oasis – a lush backyard orchard with avocados, oranges, and grapefruits, plus 5 water shares for the grove, complemented by an oversized wraparound patio ideal for summer gatherings and serene evenings. Additional amenities include ample parking with a roundabout driveway, a detached RV garage, and a hangar. Situated within walking distance of parks, local shops, and the University of Redlands, this home offers unmatched convenience and charm in one of Redlands' most sought-after neighborhoods. Don’t miss this opportunity to call 544 5th Ave your new home. Schedule your tour today and experience the perfect blend of comfort and elegance!

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Assumption Snapshot

Type of Loan
VA
Interest Rate
3.72
Remaining Loan Term
25 years, 1 months
Monthly PITI
$5,125.57/mo
Estimated Loan Balance
$663,487
Cash to close
$837,803
Interest Paid
$126,484

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Stucco, WoodSiding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Stone, Wood

Exterior

Fencing
  • Fencing: ChainLink, Security, WroughtIron
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 4
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Craftsman
Materials
  • Stucco, WoodSiding
  • Roof: Composition
Condition
  • Year Built: 1924
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Valley
HOA
  • Has HOA: No
Location
  • Region: Redlands

Financial Details

  • Price per Sqft: $424.81
  • Tax Annual Amount: $18750
  • On Market Date: 2024-09-10T00:00:00.000Z
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 $837,803 (56%)
You can enter any amount below - secondary financing will cover the difference if needed.
56%
$

You cover the entire equity of $837,803!

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

Loan Breakdown

Assumed Mortgage3.72% Sellers Rate
$662,197
Your Cash:$837,803
Total Purchase Price:$1,500,000

Assumed vs Traditional Mortgage

Assumed @ 3.72%
$3,347/mo
Traditional @ 7.5%
$5,082/mo
You save $1,735/month ($20,818/year)

*Secondary financing rates are an estimated value based on input

MLS ID: OC24184454

Listing From:

Last updated: 2024-12-05T05:28:09.000Z

© , 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

3.72%
7.15%

Principal & Interest

$3,347 /mo
$4,899 /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 $837,803 (56%)
You can enter any amount below - secondary financing will cover the difference if needed.
56%
$

You cover the entire equity of $837,803!

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

Loan Breakdown

Assumed Mortgage3.72% Sellers Rate
$662,197
Your Cash:$837,803
Total Purchase Price:$1,500,000

Assumed vs Traditional Mortgage

Assumed @ 3.72%
$3,347/mo
Traditional @ 7.5%
$5,082/mo
You save $1,735/month ($20,818/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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