Laura Jewett

Laura Jewett

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Closed

$509,000

($181,309 down)
FHA

67710 Medano Road, Cathedral City, CA 92234

3
2
1,149 sqft
PITI Monthly
$1,981.28 /mo

Listing courtesy of: Terry Russ, Windermere Real Estate

Assumed Rate

3.23%
7.15%

Principal & Interest

$1,560 /mo
$2,427 /mo

What's Special

STAINLESS STEEL APPLIANCES

Welcome to this single story, 3 bedrooms, 2 bath home located in the Rio Vista subdivision in Cathedral City. A private courtyard leads to the main entrance. Upon entering the property, you are greeted with a large open living area. Adjacent to the living area is an open kitchen with a moveable island. The kitchen features stainless steel appliances, a gas stove, quartz countertops, and a deep stainless steel farm sink. The upper cabinet doors feature glass inserts. Above the upper cabinets is uplighting to enhance the ambiance. The Primary Bedroom has an ensuite bathroom with a large tile shower with ceiling mounted rain-waterfall shower head. The backyard is very private with block wall and Ficus trees. The in-ground saltwater pool features a PebbleTec finish, tanning shelf, waterfalls and a spa. Adjacent to the pool area, the lawn has been converted to artificial turf and features a built-in BBQ Area. Additionally, there is a covered area which may be used for outdoor living or as additional parking. The front of the property has a circular drive and additional space for RV parking. Rounding out the features of this property is a leased solar system.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.23
Remaining Loan Term
25 years, 3 months
Monthly PITI
$1,981.28/mo
Estimated Loan Balance
$329,260
Cash to close
$181,309
Interest Paid
$52,460

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Clay
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Unknown
Pool
  • Has Pool: Yes
  • Pool Features: ElectricHeat, InGround, Pebble

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Stucco
  • Roof: Clay
Condition
  • Year Built: 1985
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Cathedral City

Financial Details

  • Price per Sqft: $442.99
  • Tax Annual Amount: $
  • On Market Date: 2024-09-17T00:00:00.000Z
Inquire about this property

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Apply to Assume

Fill out an application to explore financing options for assuming this loan.

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Savings Calculator

Current cash to close is $181,309 (36%)
You can enter any amount below - secondary financing will cover the difference if needed.
36%
$

You cover the entire equity of $181,309!

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

Loan Breakdown

Assumed Mortgage3.23% Sellers Rate
$327,691
Your Cash$181,309
Total Purchase Price:$509,000

Assumed vs Traditional Mortgage

Assumed @ 3.23%
$1,560/mo
Traditional @ 7.5%
$2,518/mo
You save $958/month ($11,492/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 219116835PS

Listing From:

Last updated: 2025-01-14T01:49:23.000Z

© , 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

3.23%
7.15%

Principal & Interest

$1,560 /mo
$2,427 /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 $181,309 (36%)
You can enter any amount below - secondary financing will cover the difference if needed.
36%
$

You cover the entire equity of $181,309!

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

Loan Breakdown

Assumed Mortgage3.23% Sellers Rate
$327,691
Your Cash$181,309
Total Purchase Price:$509,000

Assumed vs Traditional Mortgage

Assumed @ 3.23%
$1,560/mo
Traditional @ 7.5%
$2,518/mo
You save $958/month ($11,492/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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