Laura Jewett

Laura Jewett

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Closed

$395,000

($178,811 down)
FHA

81641 Avenue 48 UNIT 53, Indio, CA 92201

3
2
1,568 sqft
PITI Monthly
$1,683.5 /mo

Listing courtesy of: Stephanie Taylor, HomeSmart

Assumed Rate

2.84%
7.15%

Principal & Interest

$958 /mo
$1,567 /mo

What's Special

REMODELED
LOCATION
GATED COMMUNITY
DINING
SPACIOUS
DOUBLE VANITY
PATIO
CHARMING

Don't miss your opportunity to own this fantastic 3 bedroom/2 bath, corner lot home! Upon entering you will notice the spacious open floor plan and a beautifully remodeled kitchen, complete with updated stainless-steel appliances, quartz counter tops, and breakfast bar! The tile flooring flows through the kitchen, dining and living areas, with carpeting in the bedrooms. This charming home has nice separation of bedrooms with the primary on one side and the guest bedrooms and bath on the other. The primary bathroom features a double vanity and recently remodeled walk-in shower, while the guest bath has also been remodeled but still has a shower over bathtub. Sliding doors from the living room open out to an enclosed back patio area. You can also enjoy the outdoors under the covered breezeway. There is an indoor laundry room for your convenience, as well as a 2-car garage for secured parking. Desert Grove is a 55+ gated community with pools, tennis/pickleball courts and low HOA dues. Did I mention you own the land? It's a fantastic condo alternative in a great location!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.84
Remaining Loan Term
26 years, 6 months
Monthly PITI
$1,683.5/mo
Estimated Loan Balance
$217,783
Cash to close
$178,811
Interest Paid
$22,199

Facts & Features

Interior

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

Exterior

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

Construction

Type & Style
  • Stories: 1
  • Home type:
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1989
Details
  • Builder: FLEETWOOD

Community & HOA

Community
  • Subdivision: Desert Grove
  • Features: Gated, Pool
HOA
  • Has HOA: Yes
  • HOA Name: Desert Grove
  • HOA Amenities: Unknown
  • HOA Fee: $230
  • HOA Frequency: $Monthly
Location
  • Region: Indio

Financial Details

  • Price per Sqft: $251.91
  • Tax Annual Amount: $4937.5
  • On Market Date: 2024-09-07T00:00:00.000Z
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 $178,811 (45%)
You can enter any amount below - secondary financing will cover the difference if needed.
45%
$

You cover the entire equity of $178,811!

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

Loan Breakdown

Assumed Mortgage2.84% Sellers Rate
$216,189
Your Cash$178,811
Total Purchase Price:$395,000

Assumed vs Traditional Mortgage

Assumed @ 2.84%
$958/mo
Traditional @ 7.5%
$1,625/mo
You save $667/month ($8,005/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 219116407DA

Listing From:

Last updated: 2024-09-30T18:24:25.000Z

© , 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

2.84%
7.15%

Principal & Interest

$958 /mo
$1,567 /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 $178,811 (45%)
You can enter any amount below - secondary financing will cover the difference if needed.
45%
$

You cover the entire equity of $178,811!

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

Loan Breakdown

Assumed Mortgage2.84% Sellers Rate
$216,189
Your Cash$178,811
Total Purchase Price:$395,000

Assumed vs Traditional Mortgage

Assumed @ 2.84%
$958/mo
Traditional @ 7.5%
$1,625/mo
You save $667/month ($8,005/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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