Laura Jewett

Laura Jewett

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Closed

$495,000

($227,710 down)
FHA

83856 Avenida Serena, Indio, CA 92203

3
2
1,512 sqft
PITI Monthly
$1,689.85 /mo

Listing courtesy of: Heather Partida, Berkshire Hathaway HomeServices California Properties

Assumed Rate

3.45%
7.15%

Principal & Interest

$1,315 /mo
$1,990 /mo

What's Special

LOCATION
ENTERTAINMENT
SPACIOUS
FLEX SPACE
LANDSCAPED
NO HOA
INVESTMENT OPPORTUNITY

WOW! THIS ONE WON'T LAST LONG! This residence is set on a premium corner lot with ample parking and NO HOA dues! Located in the highly sought after Villa Estates at Shadow Hills community, one of the rare HOA fee-free neighborhoods of north Indio. Enjoy a spacious and thoughtfully designed layout boasting 3 bedrooms, 2 bathrooms PLUS a bonus/flex space that can be used as an additional bedroom or office. The well-appointed kitchen is complete with granite counters, pantry, a center island and appliances. Appreciate the abundant natural light, ceramic tile flooring, and indoor laundry room. The primary en-suite bedroom has direct access to the landscaped dual-gated backyard with a perimeter block wall. The attached 2-car garage and the generous driveway provides ample parking space for car and toy lovers. This home is zoned for Andrew Jackson Elementary School, Desert Ridge Academy and Shadow Hills High School. Nearby attractions are Coachella and Stagecoach festivals, Indian Wells Tennis Garden, Acrisure Arena, golf and casinos for endless entertainment. This prime location and exceptional features makes this property a fantastic investment opportunity and a true gem to call home.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.45
Remaining Loan Term
25 years, 1 months
Monthly PITI
$1,689.85/mo
Estimated Loan Balance
$338,151
Cash to close
$227,710
Interest Paid
$47,534

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: ForcedAir
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Gas, LivingRoom
  • Flooring: Tile

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: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Stucco
  • Roof: Tile
Condition
  • Year Built: 2003
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Shadow Hills Villas
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Indio

Financial Details

  • Price per Sqft: $327.38
  • Tax Annual Amount: $6187.5
  • On Market Date: 2024-10-29T00:00:00.000Z
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 $227,710 (46%)
You can enter any amount below - secondary financing will cover the difference if needed.
46%
$

You cover the entire equity of $227,710!

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

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$267,290
Your Cash$227,710
Total Purchase Price:$495,000

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$1,315/mo
Traditional @ 7.5%
$2,064/mo
You save $749/month ($8,990/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 219119046DA

Listing From:

Last updated: 2025-04-02T16:41:38.000Z

© , 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

3.45%
7.15%

Principal & Interest

$1,315 /mo
$1,990 /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 $227,710 (46%)
You can enter any amount below - secondary financing will cover the difference if needed.
46%
$

You cover the entire equity of $227,710!

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

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$267,290
Your Cash$227,710
Total Purchase Price:$495,000

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$1,315/mo
Traditional @ 7.5%
$2,064/mo
You save $749/month ($8,990/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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