Laura Jewett

Laura Jewett

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

$456,000

($6,568 down)
FHA

6037 Arroyo Road UNIT 3, Palm Springs, CA 92264

3
2
1,327 sqft
PITI Monthly
$3,435.49 /mo

Listing courtesy of: Robert Shanahan, Equity Union

Assumed Rate

6.85%
7.15%

Principal & Interest

$2,950 /mo
$3,041 /mo

What's Special

REMODELED
FRESH PAINT
SHOPPING
ENTERTAINMENT
DINING
MODERN
HOME OFFICE
PATIO
TENNIS COURTS
MOUNTAIN VIEWS
COZY

PRICE REDUCTION!!! Welcome to this beautifully remodeled 3 bedroom, 2 bath townhome, perfectly designed for comfort and modern living. This inviting residence offers a thoughtful layout with one bedroom and a full bathroom conveniently located on the ground floor, making it ideal for guests or as a home office. As you enter, the fresh paint, new laminate flooring, and white shutters throughout create a warm and welcoming atmosphere. The open-concept living area leads to a large dining space and a kitchen equipped with all new appliances and countertops, and lots of storage, providing both functionality and style. Newly carpeted stairs lead you to the second floor where you will find your two additional bedrooms that offer privacy and tranquility. Each room is a cozy retreat with ample natural light and large closets. Your well-appointed second full bathroom is located at the top of the stairs. The home features two patios offering stunning mountain views which provide an idyllic setting for morning coffees or evening relaxation. Your front patio is off the bedroom and your back patio is off the kitchen which is convenient for outdoor dining. Additional storage is located on the back patio and you are just steps away from your assigned covered carport space. This townhome is a true gem, combining modern updates with unbeatable views, mere steps from the pool, all nestled in a desirable community. It's the perfect opportunity for anyone looking to own your own slice of the Palm Springs lifestyle. Mountain Shadows is a gated paradise with 186 homes on 26 acres of meandering paths, 6 pools, spa, lighted tennis courts, and many fruit trees. All this on fee land(You own it) and low HOA dues. The community does allow short term rentals and there is onsite management. The community is centrally located and only a short distance to downtown Palm Springs or the other desert cities. World class restaurants, shopping, casinos, and entertainment are all close by.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.85
Remaining Loan Term
29 years, 5 months
Monthly PITI
$3,435.49/mo
Estimated Loan Balance
$450,194
Cash to close
$6,568
Interest Paid
$17,943

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet

Exterior

Fencing
  • Fencing: StuccoWall
Roof
  • Roof: Tile
Parking
  • Garage: No
  • Garage Spaces:
  • Carport: Yes
  • Carport Spaces:
Water
  • Sewer: SewerTapPaid
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Community, InGround, Association

Construction

Type & Style
  • Stories: 2
  • Home type: Condominium
  • Architectural Style: Contemporary
Materials
  • Stucco
  • Roof: Tile
Condition
  • Year Built: 1972
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Mountain Shadows
  • Features: Gated, Pool
HOA
  • Has HOA: Yes
  • HOA Name:
  • HOA Amenities: Unknown
  • HOA Fee: $450
  • HOA Frequency: $Monthly
Location
  • Region: Palm Springs

Financial Details

  • Price per Sqft: $343.63
  • Tax Annual Amount: $
  • On Market Date: 2024-05-10T00:00:00.000Z
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 $6,568 (1%)
You can enter any amount below - secondary financing will cover the difference if needed.
1%
$

You cover the entire equity of $6,568!

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

Loan Breakdown

Assumed Mortgage6.85% Sellers Rate
$449,432
Your Cash$6,568
Total Purchase Price:$456,000

Assumed vs Traditional Mortgage

Assumed @ 6.85%
$2,950/mo
Traditional @ 7.5%
$3,041/mo
You save $92/month ($1,098/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 24389519

Listing From:

Last updated: 2024-09-04T06:12:57.000Z

© , 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

6.85%
7.15%

Principal & Interest

$2,950 /mo
$3,041 /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 $6,568 (1%)
You can enter any amount below - secondary financing will cover the difference if needed.
1%
$

You cover the entire equity of $6,568!

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

Loan Breakdown

Assumed Mortgage6.85% Sellers Rate
$449,432
Your Cash$6,568
Total Purchase Price:$456,000

Assumed vs Traditional Mortgage

Assumed @ 6.85%
$2,950/mo
Traditional @ 7.5%
$3,041/mo
You save $92/month ($1,098/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.