Laura Jewett

Laura Jewett

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$435,000

($236,317 down)
FHA

700 E Washington Street UNIT 132, Colton, CA 92324

3
2
1,568 sqft
PITI Monthly
$1,662.02 /mo

Listing courtesy of: Barbara Lucas, BENCHMARK REALTORS

Assumed Rate

2.77%
7.15%

Principal & Interest

$872 /mo
$1,438 /mo

What's Special

GATED COMMUNITY
ENTERTAINMENT
DINING
SPACIOUS
WALK-IN CLOSET
SEPARATE SHOWER
GAME ROOM
CUL-DE-SAC
COZY

Wow! What an exceptionally maintained 3-bedroom 2-bath split floor plan home at the end of a cul-de-sac road within a gated community on a lot (over 8,600 sq. ft.) that is double the size of most lots within this community! There is so much outdoor space that you will be able to park about six vehicles, work equipment, a boat, desert toys or perhaps a smaller RV behind the drive-through gate next to the detached two car garage! Behind the front walk-through gate is a wonderfully private and inviting grassy courtyard with a fire pit. Upon entering through a beautiful front door, you have a spacious living room for the whole family to socialize or enjoy watching TV that is set in the big and beautiful entertainment center. Off the living room you will find a cozy dining room that flows into the fully equipped kitchen with newer matching refrigerator, stove and dishwasher, ample cabinets, counter space and a nice size island to prepare entertainment size meals. The laundry room with washer and dryer is off the kitchen. The primary suite is off from the living room with space that can accommodate a larger bedroom set. The en suite primary bath is very comfortable to walk around. It has a separate shower and tub setup, double sink and a large walk-in closet. The other two bedrooms are of standard size and are on the other side of the house. Let us not forget the extra space between the living room and guest rooms that can be used as a den/game room/office or study space or with a little modification it can serve as a fourth bedroom. Let's talk about some upgrades: About three years ago, this home (house and garage) underwent a total exterior, fascia and soffit upgrade with the installation of James Hardie fiber cement Cedarmill lap siding that has reduced the insurance fire cost, it has an industrial size AC unit to effortlessly keep it cool on those hot days and the interior walls are textured finished with bullnose corners. This property has it all! Call for your showing, you will not be disappointed.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.77
Remaining Loan Term
26 years, 8 months
Monthly PITI
$1,662.02/mo
Estimated Loan Balance
$199,916
Cash to close
$236,317
Interest Paid
$18,956

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: FiberCement, HardiplankType, LapSiding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Wood

Exterior

Fencing
  • Fencing: Block, Vinyl, Wood, WroughtIron
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Association

Construction

Type & Style
  • Stories: 1
  • Home type: ManufacturedOnLand
  • Architectural Style: Contemporary
Materials
  • FiberCement, HardiplankType, LapSiding
  • Roof: Composition
Condition
  • Year Built: 2000
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Curbs, Gated
HOA
  • Has HOA: Yes
  • HOA Name: Rancho Mediterraina
  • HOA Amenities: Unknown
  • HOA Fee: $210
  • HOA Frequency: $Monthly
Location
  • Region: Colton

Financial Details

  • Price per Sqft: $277.42
  • Tax Annual Amount: $5437.5
  • On Market Date: 2024-08-04T00:00:00.000Z
Inquire about this property

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

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Savings Calculator

Current cash to close is $236,317 (54%)
You can enter any amount below - secondary financing will cover the difference if needed.
54%
$

You cover the entire equity of $236,317!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$198,683
Your Cash:$236,317
Total Purchase Price:$435,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$872/mo
Traditional @ 7.5%
$1,492/mo
You save $620/month ($7,443/year)

*Secondary financing rates are an estimated value based on input

MLS ID: CV24160124

Listing From:

Last updated: 2025-03-28T16:26:40.000Z

© , 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

2.77%
7.15%

Principal & Interest

$872 /mo
$1,438 /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 $236,317 (54%)
You can enter any amount below - secondary financing will cover the difference if needed.
54%
$

You cover the entire equity of $236,317!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$198,683
Your Cash:$236,317
Total Purchase Price:$435,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$872/mo
Traditional @ 7.5%
$1,492/mo
You save $620/month ($7,443/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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