Laura Jewett

Laura Jewett

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Closed

$659,000

($193,610 down)
FHA

84649 Merus Avenue, Indio, CA 92203

4
4
2,435 sqft
PITI Monthly
$3,263.55 /mo

Listing courtesy of: Kevin Braga, Innovate Realty, Inc.

Assumed Rate

2.84%
7.15%

Principal & Interest

$2,042 /mo
$3,339 /mo

What's Special

GATED COMMUNITY
SPACIOUS
MODERN
HIGH-END FINISHES
WALK-IN CLOSET
PATIO
SOLAR PANELS

Welcome to the beautiful, gated community of Monte Vina! This amazing Spanish-style home built by D. R. Horton. This floor plan features 2,435 square feet with up to 3 bedrooms, 2.5 bathrooms, and a 2 car garage + storage, in addition to the MultiGEN Suite with a separate living space, bedroom, bathroom, laundry closet and kitchenette. With the Gen suites own separate entrance, your family and friends can enjoy their own privacy when visiting. This home is absolutely fantastic with its modern amenities, high-end finishes and smart technology. The open-concept layout in the great room offers plenty of space for large gatherings. With a gourmet kitchen, large island, granite counter tops and stainless-steel appliances, you can cook yummy dinners while you entertain. On the 2nd floor, you’ll find the additional bedrooms and laundry. The primary suite includes a spacious bathroom with oversized shower, dual sink vanity and walk-in closet. The leased solar panels are another great feature to help keep utility costs down. Among all of these great features and finishes, you’ll be equipped with surround sound and America’s Smarthome—a whole-home network of Wi-Fi enabled smart home devices, all conveniently controlled from your smartphone or the sleek touch screen panel mounted inside the home. On the exterior, the seller didn’t spare any costs by adding RV parking enclosed by a double iron swinging gate and concrete patio. This home is a must-see!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.84
Remaining Loan Term
26 years, 10 months
Monthly PITI
$3,263.55/mo
Estimated Loan Balance
$468,198
Cash to close
$193,610
Interest Paid
$42,965

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 4
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Unknown
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
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: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Mediterranean
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 2022
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Biking, Foothills, Golf, Hiking, Gated
HOA
  • Has HOA: Yes
  • HOA Name: TBD
  • HOA Amenities: Unknown
  • HOA Fee: $145
  • HOA Frequency: $Monthly
Location
  • Region: Indio

Financial Details

  • Price per Sqft: $270.64
  • Tax Annual Amount: $8237.5
  • On Market Date: 2024-09-25T00:00:00.000Z
Inquire about this property

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Apply to Assume

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Savings Calculator

Current cash to close is $193,610 (29%)
You can enter any amount below - secondary financing will cover the difference if needed.
29%
$

You cover the entire equity of $193,610!

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

Loan Breakdown

Assumed Mortgage2.84% Sellers Rate
$465,390
Your Cash$193,610
Total Purchase Price:$659,000

Assumed vs Traditional Mortgage

Assumed @ 2.84%
$2,042/mo
Traditional @ 7.5%
$3,463/mo
You save $1,422/month ($17,058/year)

*Secondary financing rates are an estimated value based on input

MLS ID: OC24199923

Listing From:

Last updated: 2025-03-11T15:21:53.000Z

© , 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

$2,042 /mo
$3,339 /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 $193,610 (29%)
You can enter any amount below - secondary financing will cover the difference if needed.
29%
$

You cover the entire equity of $193,610!

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

Loan Breakdown

Assumed Mortgage2.84% Sellers Rate
$465,390
Your Cash$193,610
Total Purchase Price:$659,000

Assumed vs Traditional Mortgage

Assumed @ 2.84%
$2,042/mo
Traditional @ 7.5%
$3,463/mo
You save $1,422/month ($17,058/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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