Laura Jewett

Laura Jewett

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Closed

$375,000

($139,322 down)
FHA

8526 Great Smokey Avenue, Desert Hot Springs, CA 92240

3
2
1,630 sqft
PITI Monthly
$1,534.91 /mo

Listing courtesy of: Donna Quintana-Nazir, THE SKYE GROUP INC.

Assumed Rate

3.72%
7.15%

Principal & Interest

$1,201 /mo
$1,757 /mo

What's Special

SERENE
DINING
SPACIOUS
MODERN
MASTER SUITE
HOME OFFICE
PRIVATE BACKYARD
MOUNTAIN VIEWS
CHARMING

**Buy this house with ZERO down using a USDA loan if you make less than $117,000 year. ** Charming Desert Oasis in Desert Hot Springs. Welcome to your dream home at 8526 Great Smokey Ave! This beautiful 3-bedroom, 2-bathroom residence offers a spacious 1,630 sq. ft. layout perfect for comfortable living and entertaining. Step inside and be greeted by an inviting open-concept floor plan that seamlessly blends the living, dining, and kitchen areas. The modern kitchen features sleek appliances, ample counter space, and a breakfast bar—ideal for casual dining and gatherings. The master suite boasts a private bathroom and generous closet space, providing a serene retreat after a long day. Two additional bedrooms offer flexibility for family, guests, or a home office. Enjoy outdoor living in your private backyard oasis, perfect for relaxing or hosting summer barbecues. The well-maintained landscaping and mountain views enhance the home's curb appeal. Located in the vibrant community of Desert Hot Springs, you’ll enjoy convenient access to local parks, shops, and the area's renowned hot springs. Don't miss out on this incredible opportunity to own a piece of paradise! Schedule your private showing today and experience all that this charming home has to offer!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.72
Remaining Loan Term
24 years, 10 months
Monthly PITI
$1,534.91/mo
Estimated Loan Balance
$237,544
Cash to close
$139,322
Interest Paid
$47,551

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: SeeRemarks
  • Flooring: Laminate

Exterior

Fencing
  • Fencing: Vinyl
Roof
  • Roof: Tile
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: Mediterranean
Materials
  • Stucco
  • Roof: Tile
Condition
  • Year Built: 2004
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Mountain View
  • Features: Biking, Curbs, DogPark, HorseTrails, Park, StormDrains, StreetLights, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Desert Hot Springs

Financial Details

  • Price per Sqft: $230.06
  • Tax Annual Amount: $
  • On Market Date: 2024-11-18T00:00:00.000Z
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 $139,322 (37%)
You can enter any amount below - secondary financing will cover the difference if needed.
37%
$

You cover the entire equity of $139,322!

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

Loan Breakdown

Assumed Mortgage3.72% Sellers Rate
$235,678
Your Cash$139,322
Total Purchase Price:$375,000

Assumed vs Traditional Mortgage

Assumed @ 3.72%
$1,201/mo
Traditional @ 7.5%
$1,823/mo
You save $622/month ($7,468/year)

*Secondary financing rates are an estimated value based on input

MLS ID: CV24233846

Listing From:

Last updated: 2025-01-14T02:18:25.000Z

© , 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

3.72%
7.15%

Principal & Interest

$1,201 /mo
$1,757 /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 $139,322 (37%)
You can enter any amount below - secondary financing will cover the difference if needed.
37%
$

You cover the entire equity of $139,322!

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

Loan Breakdown

Assumed Mortgage3.72% Sellers Rate
$235,678
Your Cash$139,322
Total Purchase Price:$375,000

Assumed vs Traditional Mortgage

Assumed @ 3.72%
$1,201/mo
Traditional @ 7.5%
$1,823/mo
You save $622/month ($7,468/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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