Laura Jewett

Laura Jewett

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Closed

$1,440,000

($1,311,720 down)
FHA

7381 Cygnet Road, Phelan, CA 92371

4
3
2,807 sqft
PITI Monthly
$966.01 /mo

Listing courtesy of: Dena Enborg, Give2Give Realty

Assumed Rate

3.61%
7.15%

Principal & Interest

$648 /mo
$962 /mo

What's Special

MODERN
LUXURY
PATIO

BACK ON MARKET TODAY & A 60K PRICE DROP!!! Welcome to your private luxury home tucked away in a quiet area with million-dollar views. This oasis in the middle of the desert sits on almost 2.5 acres in the hills of Phelan near the wildlife sanctuary. El Rancho De Rosa is home that's been set up for a perfect designation spot for weddings, private events, off roaders, family getaways, with plenty of space for larger parties and gatherings. Just driving up to the home you can feel the peace of a sprawling ranch home with 4 bedrooms, 3 full baths and plenty of space to grow. It has an open floor plan living area and kitchen which is perfect for hosting or a nice quiet night next to the wood stove. When you walk into the large entrance you get the feel of country sheik/modern palace that leads to the most perfect back yard. The owners had a vision and its now available for you already done with lots of extra touches. The lush grass, lots of bonus sheds/man caves, outdoor kitchen/serving area, indoor bars/groomsman room with a bar, dressing area, refrigerator, cooler and covered lit patio perfect to set up a band or DJ. There's an outdoor dance floor all covered by lighting, built in tables perfect for your event or gatherings. Picnic tables for extra seating, a few other original truck/bar next to the pool for guests. All the white rose bushes are hand watered daily and give the property in the middle of the desert a oasis feel. The RV/garage/shop is currently being used for a mechanics shop, with double roll up doors in the front and 1 out the back for plenty of parking space + the home has a detached 3 car garage. Words cannot express the magnificence of the property; you will have to see it to believe it.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.61
Remaining Loan Term
24 years, 7 months
Monthly PITI
$966.01/mo
Estimated Loan Balance
$129,318
Cash to close
$1,311,720
Interest Paid
$26,388

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central, Fireplaces, Propane, WoodStove
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: PrimaryBedroom
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Block, ChainLink, Privacy
Roof
  • Roof: SpanishTile
Parking
  • Garage: Yes
  • Garage Spaces: 8
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: SepticTypeUnknown
  • Water Source: Public
Pool
  • Has Pool: Yes
  • Pool Features: Heated, InGround, Pebble, Private

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Ranch, SeeRemarks
Materials
  • Unknown
  • Roof: SpanishTile
Condition
  • Year Built: 2007
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Hiking, Mountainous, Rural
HOA
  • Has HOA: No
Location
  • Region: Phelan

Financial Details

  • Price per Sqft: $513
  • Tax Annual Amount: $
  • On Market Date: 2024-10-14T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $1,311,720 (91%)
You can enter any amount below - secondary financing will cover the difference if needed.
91%
$

You cover the entire equity of $1,311,720!

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

Loan Breakdown

Assumed Mortgage3.61% Sellers Rate
$128,280
Your Cash:$1,311,720
Total Purchase Price:$1,440,000

Assumed vs Traditional Mortgage

Assumed @ 3.61%
$648/mo
Traditional @ 7.5%
$998/mo
You save $350/month ($4,194/year)

*Secondary financing rates are an estimated value based on input

MLS ID: HD24211881

Listing From:

Last updated: 2025-01-14T00:51:03.000Z

© , 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

3.61%
7.15%

Principal & Interest

$648 /mo
$962 /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 $1,311,720 (91%)
You can enter any amount below - secondary financing will cover the difference if needed.
91%
$

You cover the entire equity of $1,311,720!

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

Loan Breakdown

Assumed Mortgage3.61% Sellers Rate
$128,280
Your Cash:$1,311,720
Total Purchase Price:$1,440,000

Assumed vs Traditional Mortgage

Assumed @ 3.61%
$648/mo
Traditional @ 7.5%
$998/mo
You save $350/month ($4,194/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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