Laura Jewett

Laura Jewett

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Closed

$550,000

($206,791 down)
FHA

68214 Pasada Road, Cathedral City, CA 92234

3
2
1,675 sqft
PITI Monthly
$2,609.01 /mo

Listing courtesy of: Jaclyn Mahar, Equity Union

Assumed Rate

2.94%
7.15%

Principal & Interest

$1,582 /mo
$2,553 /mo

What's Special

LOCATION
SERENE
DINING
SPACIOUS
MODERN
CHARMING

Welcome home to your new oasis in the desirable community of La Pasada! This charming single-family residence, designed for sale, perfectly marries modern convenience with tranquil living. Situated on a spacious 8,712 sqft corner lot, this home delivers ample outdoor space complemented by a salt water pool, making it ideal for both entertaining and relaxation.Step inside and discover 1,675 sqft of thoughtfully designed living space. The open floor plan seamlessly ties together the living room, dining area, and kitchen, crafting an inviting ambiance for gatherings or quiet nights in. The home features three generously-sized bedrooms, each offering abundant natural light and serene views, providing every family member or guest with their own private retreat. The two well-appointed bathrooms ensure comfort and convenience. A standout feature is the owned solar system, which not only contributes to sustainable living but also significantly reduces energy costs--an eco-friendly benefit that's both practical and environmentally conscious. Adding to the home's energy efficiency, the recently installed brand new AC system ensures year-round comfort at minimal expense. Beyond your doorstep, the house's prime location offers easy accessibility to essential amenities. You're conveniently close to local schools and stores, ensuring daily errands and school runs are a breeze.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.94
Remaining Loan Term
25 years, 6 months
Monthly PITI
$2,609.01/mo
Estimated Loan Balance
$345,421
Cash to close
$206,791
Interest Paid
$47,614

Facts & Features

Interior

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

Exterior

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

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Tile
Condition
  • Year Built: 1997
Details
  • Builder:

Community & HOA

Community
  • Subdivision: La Pasada
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name:
  • HOA Amenities: Unknown
  • HOA Fee: $40
  • HOA Frequency: $Monthly
Location
  • Region: Cathedral City

Financial Details

  • Price per Sqft: $328.36
  • Tax Annual Amount: $6875
  • On Market Date: 2024-11-08T00:00:00.000Z
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 $206,791 (38%)
You can enter any amount below - secondary financing will cover the difference if needed.
38%
$

You cover the entire equity of $206,791!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$343,209
Your Cash$206,791
Total Purchase Price:$550,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$1,582/mo
Traditional @ 7.5%
$2,648/mo
You save $1,067/month ($12,802/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 219119452PS

Listing From:

Last updated: 2025-03-05T18:17:18.000Z

© , 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

2.94%
7.15%

Principal & Interest

$1,582 /mo
$2,553 /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 $206,791 (38%)
You can enter any amount below - secondary financing will cover the difference if needed.
38%
$

You cover the entire equity of $206,791!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$343,209
Your Cash$206,791
Total Purchase Price:$550,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$1,582/mo
Traditional @ 7.5%
$2,648/mo
You save $1,067/month ($12,802/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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