Laura Jewett

Laura Jewett

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Closed

$669,000

($173,387 down)
FHA

625 Cypress Circle, Redlands, CA 92373

3
2
1,308 sqft
PITI Monthly
$3,613.66 /mo

Listing courtesy of: JAVIER RODRIGUEZ JR., EXP REALTY OF SOUTHERN CA. INC

Assumed Rate

6.11%
7.15%

Principal & Interest

$3,087 /mo
$3,436 /mo

What's Special

LOCATION
MINUTES AWAY
MOVE-IN READY
MODERN
HISTORIC
CHARMING
COZY
TURNKEY

Welcome to this charming and elegant Southside Redlands home, where comfort and history come together seamlessly. Nestled on a quiet corner lot in one of the most sought-after neighborhoods, this three-bedroom, two-bathroom gem offers a rare opportunity to own a piece of Redlands history, as it is featured in the archives of the A.K. Smiley Public Library.Step inside and discover a warm, inviting atmosphere with beautiful, well-maintained flooring and thoughtfully updated bathrooms. This home is truly move-in ready and turnkey—offering the perfect blend of timeless character and modern convenience.The lush, manicured yard offers a private oasis for relaxation and entertaining, while the cozy interior beckons you to unwind and enjoy the tranquil surroundings. The home’s location is unbeatable—just a short stroll to Downtown Redlands, where you’ll find coffee shops, boutiques, restaurants, and top-rated schools. Need a quick errand or doctor’s appointment? Everything is just minutes away. This rare find is perfect for those seeking a peaceful retreat in a historic, walkable community. Don’t miss the chance to fall in love with this enchanting home.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.11
Remaining Loan Term
27 years, 7 months
Monthly PITI
$3,613.66/mo
Estimated Loan Balance
$498,932
Cash to close
$173,387
Interest Paid
$74,055

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Decorative
  • Flooring: Laminate, Tile

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Craftsman
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1922
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $511.47
  • Tax Annual Amount: $
  • On Market Date: 2024-11-22T00:00:00.000Z
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 $173,387 (26%)
You can enter any amount below - secondary financing will cover the difference if needed.
26%
$

You cover the entire equity of $173,387!

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

Loan Breakdown

Assumed Mortgage6.11% Sellers Rate
$495,613
Your Cash$173,387
Total Purchase Price:$669,000

Assumed vs Traditional Mortgage

Assumed @ 6.11%
$3,087/mo
Traditional @ 7.5%
$3,565/mo
You save $478/month ($5,736/year)

*Secondary financing rates are an estimated value based on input

MLS ID: IG24239355

Listing From:

Last updated: 2025-01-14T02:22:41.000Z

© , 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

6.11%
7.15%

Principal & Interest

$3,087 /mo
$3,436 /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 $173,387 (26%)
You can enter any amount below - secondary financing will cover the difference if needed.
26%
$

You cover the entire equity of $173,387!

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

Loan Breakdown

Assumed Mortgage6.11% Sellers Rate
$495,613
Your Cash$173,387
Total Purchase Price:$669,000

Assumed vs Traditional Mortgage

Assumed @ 6.11%
$3,087/mo
Traditional @ 7.5%
$3,565/mo
You save $478/month ($5,736/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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