Laura Jewett

Laura Jewett

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Closed

$305,000

($250,920 down)
FHA

785 Val Monte Drive, Hemet, CA 92543

3
2
1,288 sqft
PITI Monthly
$588.47 /mo

Listing courtesy of: Noe Gomez, New Century Realty & Investmen

Assumed Rate

4.55%
7.15%

Principal & Interest

$385 /mo
$510 /mo

What's Special

SHOPPING
SPACIOUS
FIREPLACE
NO HOA
AFFORDABLE

This 3 bedroom, 2 bath home has so much potential! The living room features ceramic tile flooring and wood burning fireplace. The kitchen with Formica counters, ceramic tile flooring, oak cabinets and very spacious! The large backyard has been well maintained with potential RV parking on the side and plenty of room for a pool! All windows have been upgraded to dual pane windows for energy efficiency. Every bedroom features a ceiling fan, large windows letting in natural light and blinds. Located just moments from shopping centers and Highway 74! LOW TAXES AND NO HOA help make this home affordable for any budget! Home needs repairs. Sold as is. Cash Only!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.55
Remaining Loan Term
16 years, 5 months
Monthly PITI
$588.47/mo
Estimated Loan Balance
$63,933
Cash to close
$250,920
Interest Paid
$40,572

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central, ForcedAir, Fireplaces
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom
  • Flooring: SeeRemarks, Vinyl, Wood

Exterior

Fencing
  • Fencing: Wood
Roof
  • Roof: Shingle
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Contemporary
Materials
  • Unknown
  • Roof: Shingle
Condition
  • Year Built: 1981
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Curbs, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Hemet

Financial Details

  • Price per Sqft: $236.8
  • Tax Annual Amount: $
  • On Market Date: 2024-12-02T00:00:00.000Z
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 $250,920 (82%)
You can enter any amount below - secondary financing will cover the difference if needed.
82%
$

You cover the entire equity of $250,920!

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

Loan Breakdown

Assumed Mortgage4.55% Sellers Rate
$54,080
Your Cash:$250,920
Total Purchase Price:$305,000

Assumed vs Traditional Mortgage

Assumed @ 4.55%
$385/mo
Traditional @ 7.5%
$529/mo
You save $144/month ($1,731/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SW24242672

Listing From:

Last updated: 2024-12-14T01:13:28.000Z

© , 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

4.55%
7.15%

Principal & Interest

$385 /mo
$510 /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 $250,920 (82%)
You can enter any amount below - secondary financing will cover the difference if needed.
82%
$

You cover the entire equity of $250,920!

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

Loan Breakdown

Assumed Mortgage4.55% Sellers Rate
$54,080
Your Cash:$250,920
Total Purchase Price:$305,000

Assumed vs Traditional Mortgage

Assumed @ 4.55%
$385/mo
Traditional @ 7.5%
$529/mo
You save $144/month ($1,731/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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