Laura Jewett

Laura Jewett

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Closed

$504,999

($184,744 down)
FHA

67510 Rio Largo Road, Cathedral City, CA 92234

3
2
1,924 sqft
PITI Monthly
$1,823.57 /mo

Listing courtesy of: Rebecca May, Berkshire Hathaway HomeService California Properties

Assumed Rate

2.74%
7.15%

Principal & Interest

$1,412 /mo
$2,339 /mo

What's Special

LARGE CENTER ISLAND
SHOPPING
DINING
SPACIOUS
MODERN
GRANITE COUNTERTOPS
STAINLESS STEEL APPLIANCES
PATIO
COMMUNITY POOL
FITNESS CENTER
EFFICIENT

This beautiful 3 bedroom 2 bath detached home, is ideally located in the highly desirable community of Verano. This smart home is extremely energy efficient, and features keyless entry and leased solar (Solar lease to be assumed by buyers at approximately 135 dollars a month) which translates to little to no electric bills. The kitchen features a large center island, granite countertops, modern cabinets, and stainless steel appliances, and is open to the dining room and living area, making it the ideal place to entertain. With over 1900 square feet of living space, all three bedrooms are extremely spacious. The primary suite is expansive and has a huge walk in closet and large bathroom, including a walk in shower, double sinks, and a separate water closet. The in house laundry room is large and has built in shelving, and ample storage. Low maintenance front and back yard includes desert landscaping, and covered back patio. The two car attached garage is accessible through the alley and also features a large driveway with two parking spaces. Verano is a master planned community in Cathedral City. A beautiful community pool, tennis and pickleball courts, fitness center, and circle park are all amenities included in the low HOA fee. Verano is conveniently located just minutes from Palm Springs, the freeway, dining and shopping.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.74
Remaining Loan Term
26 years, 1 months
Monthly PITI
$1,823.57/mo
Estimated Loan Balance
$321,611
Cash to close
$184,744
Interest Paid
$35,570

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Unknown
  • Heating: ForcedAir, NaturalGas
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Laminate

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Stucco
  • Roof: Unknown
Condition
  • Year Built: 2020
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Verano
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name:
  • HOA Amenities: Unknown
  • HOA Fee: $180
  • HOA Frequency: $Monthly
Location
  • Region: Cathedral City

Financial Details

  • Price per Sqft: $262.47
  • Tax Annual Amount: $
  • On Market Date: 2024-08-20T00:00:00.000Z
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 $184,744 (37%)
You can enter any amount below - secondary financing will cover the difference if needed.
37%
$

You cover the entire equity of $184,744!

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

Loan Breakdown

Assumed Mortgage2.74% Sellers Rate
$320,255
Your Cash$184,744
Total Purchase Price:$504,999

Assumed vs Traditional Mortgage

Assumed @ 2.74%
$1,412/mo
Traditional @ 7.5%
$2,426/mo
You save $1,014/month ($12,168/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 219114838DA

Listing From:

Last updated: 2024-11-16T13:11:38.000Z

© , 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

2.74%
7.15%

Principal & Interest

$1,412 /mo
$2,339 /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 $184,744 (37%)
You can enter any amount below - secondary financing will cover the difference if needed.
37%
$

You cover the entire equity of $184,744!

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

Loan Breakdown

Assumed Mortgage2.74% Sellers Rate
$320,255
Your Cash$184,744
Total Purchase Price:$504,999

Assumed vs Traditional Mortgage

Assumed @ 2.74%
$1,412/mo
Traditional @ 7.5%
$2,426/mo
You save $1,014/month ($12,168/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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