Laura Jewett

Laura Jewett

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Closed

$2,299,000

($1,123,370 down)
FHA

877 W Panorama Road, Palm Springs, CA 92262

4
4
3,478 sqft
PITI Monthly
$11,644.6 /mo

Listing courtesy of: Janice Kaminsky, Berkshire Hathaway HomeServices California Properties

Assumed Rate

5.03%
7.15%

Principal & Interest

$10,100 /mo
$12,664 /mo

What's Special

SPACIOUS
FIREPLACE
EN SUITE BATHROOM
DECK
CHARMING

Views abound from every window of this charming 1940 built home at the top of the coveted Palm Springs community of Little Tuscany. The lot affords views of the canyons, the mountains, the desert and the valley floor. The living room, with fireplace, is gracious and grand, abutting a sunroom that transitions to a sweeping outdoor deck which provides the magnificent views. The kitchen is large, and all 4 bedrooms, 2 with fireplaces, have en suite bathrooms. The primary bedroom has a spacious dressing area with built in closets. There is a detached 2 car garage with room to add additional, and the home is equipped with Solar. The lot has ample room to build a casita or an ADU. There are a myriad of possibilities to transform this wonderful home into your dream come true.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.03
Remaining Loan Term
12 years, 11 months
Monthly PITI
$11,644.6/mo
Estimated Loan Balance
$1,180,780
Cash to close
$1,123,370
Interest Paid
$1,345,016

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 4
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Combination, Central
Features
  • Materials: Stone
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom, PrimaryBedroom, WoodBurning
  • Flooring: Carpet, Laminate, Wood

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Concrete, Tile
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: SepticTypeUnknown
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Ranch
Materials
  • Stone
  • Roof: Concrete, Tile
Condition
  • Year Built: 1940
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Little Tuscany
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Palm Springs

Financial Details

  • Price per Sqft: $661.01
  • Tax Annual Amount: $
  • On Market Date: 2024-10-31T00:00:00.000Z
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 $1,123,370 (49%)
You can enter any amount below - secondary financing will cover the difference if needed.
49%
$

You cover the entire equity of $1,123,370!

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

Loan Breakdown

Assumed Mortgage5.03% Sellers Rate
$1,175,630
Your Cash$1,123,370
Total Purchase Price:$2,299,000

Assumed vs Traditional Mortgage

Assumed @ 5.03%
$10,100/mo
Traditional @ 7.5%
$13,136/mo
You save $3,036/month ($36,434/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 24452475

Listing From:

Last updated: 2024-12-05T05:06:18.000Z

© , 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

5.03%
7.15%

Principal & Interest

$10,100 /mo
$12,664 /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 $1,123,370 (49%)
You can enter any amount below - secondary financing will cover the difference if needed.
49%
$

You cover the entire equity of $1,123,370!

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

Loan Breakdown

Assumed Mortgage5.03% Sellers Rate
$1,175,630
Your Cash$1,123,370
Total Purchase Price:$2,299,000

Assumed vs Traditional Mortgage

Assumed @ 5.03%
$10,100/mo
Traditional @ 7.5%
$13,136/mo
You save $3,036/month ($36,434/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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