Dan Kaercher

Dan Kaercher

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$399,800

($197,721 down)
FHA

1022 W George Street, Banning, CA 92220

3
2
1,550 sqft
PITI Monthly
$1,852.77 /mo

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

Assumed Rate

3.88%
7.15%

Principal & Interest

$1,118 /mo
$1,605 /mo

What's Special

REMODELED
DINING
SPACIOUS
WALK-IN CLOSET
HOME OFFICE
COZY
RENTAL INCOME

Welcome to this delightful 3-bedroom, 2.5-bath home that perfectly combines comfort and style. Brand new roof, windows, flooring and bathroom, along with Orange trees, lemon trees, avocado and grapefruit make this the perfect family home. As you step into the inviting living room, you’ll appreciate the bright, open floor plan that seamlessly flows into a formal dining area, ideal for entertaining family and friends. This home has been tastefully remodeled, featuring new laminate flooring throughout, creating a warm and welcoming atmosphere. The spacious master bedroom is a true retreat, complete with a generous walk-in closet and an ensuite master bathroom adding a touch of comfort to your daily routine. Enjoy the convenience of an indoor laundry room, making chores a breeze. The exterior is a standout feature, showcasing luscious greenery, including mature fruit-bearing trees that offer both beauty and bounty. The impressive cement and paver walkways enhance the outdoor space, perfect for leisurely strolls or enjoying the fresh air. Located on a large corner lot, this property provides ample parking options, featuring a 2-car detached garage and additional off-street parking with a convenient side entry on George Street. Easy to create your future ADU here for rental income, home office, or friends/family future guest house. The home boasts brand new windows and a brand new roof, ensuring energy efficiency and peace of mind for years to come. Central air and heating ensure you enjoy a cozy environment year-round.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.88
Remaining Loan Term
22 years, 6 months
Monthly PITI
$1,852.77/mo
Estimated Loan Balance
$215,759
Cash to close
$197,721
Interest Paid
$64,156

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: SeeRemarks
  • 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: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1959
Details
  • Builder:

Community & HOA

Community
  • Subdivision: other
  • Features: Curbs, Foothills, Gutters, Hiking, Park, StormDrains, StreetLights, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Banning

Financial Details

  • Price per Sqft: $257.94
  • Tax Annual Amount: $4997.5
  • On Market Date: 2025-02-06T00:00:00.000Z
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 $197,721 (49%)
You can enter any amount below - secondary financing will cover the difference if needed.
49%
$

You cover the entire equity of $197,721!

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

Loan Breakdown

Assumed Mortgage3.88% Sellers Rate
$202,079
Your Cash$197,721
Total Purchase Price:$399,800

Assumed vs Traditional Mortgage

Assumed @ 3.88%
$1,118/mo
Traditional @ 7.5%
$1,665/mo
You save $547/month ($6,560/year)

*Secondary financing rates are an estimated value based on input

MLS ID: CV25027506

Listing From:

Last updated: 2025-04-04T13:08:34.000Z

© , 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

3.88%
7.15%

Principal & Interest

$1,118 /mo
$1,605 /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 $197,721 (49%)
You can enter any amount below - secondary financing will cover the difference if needed.
49%
$

You cover the entire equity of $197,721!

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

Loan Breakdown

Assumed Mortgage3.88% Sellers Rate
$202,079
Your Cash$197,721
Total Purchase Price:$399,800

Assumed vs Traditional Mortgage

Assumed @ 3.88%
$1,118/mo
Traditional @ 7.5%
$1,665/mo
You save $547/month ($6,560/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Your Home Sold Guaranteed Realty
Agent/Broker
Dan KaercherYour Home Sold Guaranteed Realty(480) 202-1789Dankaercher@state48livin.comMLS SA677983000

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