Laura Jewett

Laura Jewett

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Closed

$338,000

($199,338 down)
FHA

887 Arrowhead Villa Road, Lake Arrowhead, CA 92352

3
2
1,080 sqft
PITI Monthly
$1,394.9 /mo

Listing courtesy of: Tia Stribling, Realty ONE Group Southwest

Assumed Rate

4.05%
7.15%

Principal & Interest

$778 /mo
$1,094 /mo

What's Special

REMODELED
LOCATION
FIREPLACE
DECK
VACATION HOME

Your remodeled mountain cabin awaits! Located in The Villas close to the Lake Arrowhead Village, the famous Tudor House, and HWY 18 for convenient access. This home would be great for both full time living or a rental/vacation home. Upstairs, you are greeted by the wrap around deck surrounded by trees. Inside you'll love the new kitchen cabinets, new quartz countertops, and new appliances. The full bathroom features a new vanity, sink & fixtures. LVP flooring throughout with living room fireplace adjacent to 2 bedrooms. The lower level features a large bedroom, a full bathroom thats been completely remodeled with a new vanity & sink, new light fixtures, new flooring, new toilet, new vinyl shower, tub & trim kit, new drywall & paint and a separate indoor laundry room. This home is also easily convertible into a duplex with separate entry downstairs that can provide an additional source of income. BRAND NEW DRIVEWAY as of Dec. 2023. Home also has a brand new sewer line and newer HVAC system with dual zone thermostats. This location is GREAT for commuting, as it's one of the first roads in The Villas plowed during winter months.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.05
Remaining Loan Term
22 years, 2 months
Monthly PITI
$1,394.9/mo
Estimated Loan Balance
$138,971
Cash to close
$199,338
Interest Paid
$47,603

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: WallWindowUnits
  • Heating: Central, ForcedAir, Fireplaces
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Gas, LivingRoom, WoodBurning
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1971
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Arrowhead Villas (AWHV)
  • Features: Biking, Golf, Hiking, HorseTrails, Lake, Mountainous, NearNationalForest, Rural
HOA
  • Has HOA: No
Location
  • Region: Lake Arrowhead

Financial Details

  • Price per Sqft: $312.96
  • Tax Annual Amount: $4225
  • On Market Date: 2024-09-13T00:00:00.000Z
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 $199,338 (59%)
You can enter any amount below - secondary financing will cover the difference if needed.
59%
$

You cover the entire equity of $199,338!

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

Loan Breakdown

Assumed Mortgage4.05% Sellers Rate
$138,662
Your Cash:$199,338
Total Purchase Price:$338,000

Assumed vs Traditional Mortgage

Assumed @ 4.05%
$778/mo
Traditional @ 7.5%
$1,135/mo
You save $357/month ($4,283/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SW24191069

Listing From:

Last updated: 2025-02-04T23:36:58.000Z

© , 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

4.05%
7.15%

Principal & Interest

$778 /mo
$1,094 /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 $199,338 (59%)
You can enter any amount below - secondary financing will cover the difference if needed.
59%
$

You cover the entire equity of $199,338!

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

Loan Breakdown

Assumed Mortgage4.05% Sellers Rate
$138,662
Your Cash:$199,338
Total Purchase Price:$338,000

Assumed vs Traditional Mortgage

Assumed @ 4.05%
$778/mo
Traditional @ 7.5%
$1,135/mo
You save $357/month ($4,283/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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