Laura Jewett

Laura Jewett

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Closed

$174,900

($136,315 down)
FHA

64851 Chollita Road, Joshua Tree, CA 92252

1
1
1,002 sqft
PITI Monthly
$498.69 /mo

Listing courtesy of: Sandra Boldt, Cherie Miller & Associates

Assumed Rate

5.25%
7.15%

Principal & Interest

$309 /mo
$378 /mo

What's Special

SERENE

This 1-bedroom, 1-bath home with a loft on a sprawling half-acre in Joshua Tree is your canvas for creation! Close to Joshua Tree National Park, the vibrant Village of Joshua Tree, and Copper Mountain College, this property offers the perfect blend of tranquility and convenience. Ready to roll up your sleeves? This home is a fixer-upper, awaiting your personal touch and vision. With a little TLC, transform this diamond in the rough into your ideal desert escape. With the opportunity to be zoned multi-family and room to add two additional units, this property is brimming with possibilities. Privacy and security are yours with a fully fenced property, perfect for pets or future developments. Whether you're an investor, envisioning a multi-unit investment, a DIY enthusiast, or simply seeking a serene desert retreat, this property promises endless opportunities for growth and development.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.25
Remaining Loan Term
14 years, 6 months
Monthly PITI
$498.69/mo
Estimated Loan Balance
$39,002
Cash to close
$136,315
Interest Paid
$39,108

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 1
  • Bathrooms: 1
Cooling & Heating
  • Cooling: EvaporativeCooling
  • Heating: None
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Unknown

Exterior

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

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1970
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Rural
HOA
  • Has HOA: No
Location
  • Region: Joshua Tree

Financial Details

  • Price per Sqft: $174.55
  • Tax Annual Amount: $
  • On Market Date: 2024-07-16T00:00:00.000Z
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 $136,315 (78%)
You can enter any amount below - secondary financing will cover the difference if needed.
78%
$

You cover the entire equity of $136,315!

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

Loan Breakdown

Assumed Mortgage5.25% Sellers Rate
$38,585
Your Cash:$136,315
Total Purchase Price:$174,900

Assumed vs Traditional Mortgage

Assumed @ 5.25%
$309/mo
Traditional @ 7.5%
$392/mo
You save $83/month ($997/year)

*Secondary financing rates are an estimated value based on input

MLS ID: JT24143366

Listing From:

Last updated: 2024-12-05T05:09:22.000Z

© , 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

5.25%
7.15%

Principal & Interest

$309 /mo
$378 /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 $136,315 (78%)
You can enter any amount below - secondary financing will cover the difference if needed.
78%
$

You cover the entire equity of $136,315!

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

Loan Breakdown

Assumed Mortgage5.25% Sellers Rate
$38,585
Your Cash:$136,315
Total Purchase Price:$174,900

Assumed vs Traditional Mortgage

Assumed @ 5.25%
$309/mo
Traditional @ 7.5%
$392/mo
You save $83/month ($997/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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