Laura Jewett

Laura Jewett

Property SearchContact
primary-1
primary-2primary-3
Pending

$350,000

($50,201 down)
FHA

5874 Nielson Road, Phelan, CA 92371

3
2
1,296 sqft
PITI Monthly
$2,096.88 /mo

Listing courtesy of: Cecilia Alvarez, RE/MAX TOP PRODUCERS

Assumed Rate

3.07%
7.15%

Principal & Interest

$1,357 /mo
$2,154 /mo

What's Special

FRESH PAINT
DINING
SPACIOUS
GRANITE COUNTERTOPS
FIREPLACE
WALK-IN CLOSET
MASTER SUITE
COZY
SOLAR PANELS

**Newly Adjusted Asking Price**This Beautifully updated manufactured home in a rural setting features 3 bedrooms and 2 bathrooms, spanning 1,296 square feet of living space on a spacious 2-acre lot. The master suite includes a walk-in closet, a large tub, and a separate glass-enclosed shower. The kitchen boasts newer cabinets, fresh paint, and granite countertops, complemented by a dining area and a separate eating nook. Enjoy the comfort of central air and heat, along with laminate wood flooring and fresh interior paint throughout. The bright and airy living room offers high ceilings, recessed lighting, and a cozy fireplace. Property is hooked up with public water supply, septic for sewer system. Newly installed Solar Panels-Leased on a monthly of $257.81. This home is part of the Snowline Joint Unified School District, with schools such as Phelan Elementary, Quail Valley Middle, and Serrano High nearby. Must see to appreciate it’s charm and upgrades.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.07
Remaining Loan Term
26 years, 9 months
Monthly PITI
$2,096.88/mo
Estimated Loan Balance
$300,387
Cash to close
$50,201
Interest Paid
$30,768

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central, Fireplaces, Wood
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom, WoodBurning
  • Flooring: Laminate

Exterior

Fencing
  • Fencing: ChainLink
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: SepticTypeUnknown
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: ManufacturedOnLand
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Composition
Condition
  • Year Built: 2001
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Rural
HOA
  • Has HOA: No
Location
  • Region: Phelan

Financial Details

  • Price per Sqft: $270.06
  • Tax Annual Amount: $4375
  • On Market Date: 2024-07-09T00:00:00.000Z
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 $50,201 (14%)
You can enter any amount below - secondary financing will cover the difference if needed.
14%
$

You cover the entire equity of $50,201!

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

Loan Breakdown

Assumed Mortgage3.07% Sellers Rate
$299,799
Your Cash$50,201
Total Purchase Price:$350,000

Assumed vs Traditional Mortgage

Assumed @ 3.07%
$1,357/mo
Traditional @ 7.5%
$2,235/mo
You save $878/month ($10,534/year)

*Secondary financing rates are an estimated value based on input

MLS ID: CV24131920

Listing From:

Last updated: 2025-03-20T20:07:09.000Z

© , 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

3.07%
7.15%

Principal & Interest

$1,357 /mo
$2,154 /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 $50,201 (14%)
You can enter any amount below - secondary financing will cover the difference if needed.
14%
$

You cover the entire equity of $50,201!

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

Loan Breakdown

Assumed Mortgage3.07% Sellers Rate
$299,799
Your Cash$50,201
Total Purchase Price:$350,000

Assumed vs Traditional Mortgage

Assumed @ 3.07%
$1,357/mo
Traditional @ 7.5%
$2,235/mo
You save $878/month ($10,534/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

Powered By UMe.

© 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.

equal-housing

© is committed to and abides by the Fair Housing Act of Equal Opportunity.