Laura Jewett

Laura Jewett

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Closed

$690,000

($222,240 down)
FHA

918 W Palm Avenue, Redlands, CA 92373

4
2
1,308 sqft
PITI Monthly
$2,906.63 /mo

Listing courtesy of: CESAR ROLDAN, FORMATIC PROPERTY MANAGEMENT

Assumed Rate

4.17%
7.15%

Principal & Interest

$2,392 /mo
$3,316 /mo

What's Special

REMODELED
FRESH PAINT
SPACIOUS
MODERN
LUXURY
PATIO
SPRINKLER SYSTEM
TURNKEY

Completely Remodeled South Redlands Single-Story with Pool & Modern Updates Welcome to this stunning 4-bedroom, 2-bathroom home in the heart of a highly sought-after South Redlands neighborhood. This single-story gem has been completely remodeled, offering 1,308 sqft of thoughtfully updated living space on a generous 8,280 sqft lot. Inside, you'll find an updated kitchen with an open floor plan, perfect for entertaining, complemented by updated flooring throughout, new windows and doors, and fresh paint inside and out. Both bathrooms have been beautifully updated, ensuring modern comfort for your family and guests. Step outside to an entertainer’s dream! The backyard features a sparkling pool with a new pump, a spacious concrete patio, and updated landscaping with a sprinkler system and fencing, making it perfect for gatherings or quiet relaxation. The widened driveway, new concrete work, and a new garage door enhance both functionality and curb appeal. Additional upgrades include a new roof, a new water heater, and a completely refreshed exterior. The front yard provides ample space for kids to play or adults to relax, while the tranquil neighborhood offers peace and privacy. Located just a short distance from Smiley Elementary and Cope Middle Schools, this home combines convenience with luxury. Don't miss your chance to own this turnkey property in one of Redlands' most desirable areas!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.17
Remaining Loan Term
27 years, 1 months
Monthly PITI
$2,906.63/mo
Estimated Loan Balance
$473,054
Cash to close
$222,240
Interest Paid
$58,236

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
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: Yes
  • Pool Features: InGround, Private

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1956
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Curbs, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Redlands

Financial Details

  • Price per Sqft: $527.52
  • Tax Annual Amount: $8625
  • On Market Date: 2025-01-08T00:00:00.000Z
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 $222,240 (32%)
You can enter any amount below - secondary financing will cover the difference if needed.
32%
$

You cover the entire equity of $222,240!

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

Loan Breakdown

Assumed Mortgage4.17% Sellers Rate
$467,760
Your Cash$222,240
Total Purchase Price:$690,000

Assumed vs Traditional Mortgage

Assumed @ 4.17%
$2,392/mo
Traditional @ 7.5%
$3,439/mo
You save $1,047/month ($12,567/year)

*Secondary financing rates are an estimated value based on input

MLS ID: IV24254960

Listing From:

Last updated: 2025-02-12T22:34:53.000Z

© , 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

4.17%
7.15%

Principal & Interest

$2,392 /mo
$3,316 /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 $222,240 (32%)
You can enter any amount below - secondary financing will cover the difference if needed.
32%
$

You cover the entire equity of $222,240!

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

Loan Breakdown

Assumed Mortgage4.17% Sellers Rate
$467,760
Your Cash$222,240
Total Purchase Price:$690,000

Assumed vs Traditional Mortgage

Assumed @ 4.17%
$2,392/mo
Traditional @ 7.5%
$3,439/mo
You save $1,047/month ($12,567/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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