Dan Kaercher

Dan Kaercher

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Closed

$400,000

($160,338 down)
FHA

1198 Quartz Way, Hemet, CA 92543

2
2
956 sqft
PITI Monthly
$1,465.71 /mo

Listing courtesy of: Gilberto Brambila, Aria Realty Group

Assumed Rate

3.16%
7.15%

Principal & Interest

$1,130 /mo
$1,773 /mo

What's Special

HARDWOOD FLOORS
STAINLESS STEEL APPLIANCES
FIREPLACE
PATIO
COZY

Great opportunity to own this 2 bedroom, 2 bathroom home in desirable Southwest Hemet. This well taken care of home features original hardwood floors throughout. The living room has a cozy stone fireplace with gas insert. Kitchen has bright white cabinets, stainless steel appliances, extractor fan, wine refrigerator, and farmhouse sink. Nice touches including recessed lighting, crown molding, and ceiling fans throughout. An additional bonus room, not included in square footage, can be used as an office or extra bedroom. Low maintenance landscaping and a backyard with a gazebo covered spa and detached patio are ready for your entertaining needs. Home has solar power to help keep your energy costs down and will be paid off at close of escrow.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.16
Remaining Loan Term
25 years, 4 months
Monthly PITI
$1,465.71/mo
Estimated Loan Balance
$240,656
Cash to close
$160,338
Interest Paid
$36,853

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • 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: 1968
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Hemet

Financial Details

  • Price per Sqft: $418.41
  • Tax Annual Amount: $
  • On Market Date: 2024-09-09T00:00:00.000Z
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 $160,338 (40%)
You can enter any amount below - secondary financing will cover the difference if needed.
40%
$

You cover the entire equity of $160,338!

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

Loan Breakdown

Assumed Mortgage3.16% Sellers Rate
$239,662
Your Cash$160,338
Total Purchase Price:$400,000

Assumed vs Traditional Mortgage

Assumed @ 3.16%
$1,130/mo
Traditional @ 7.5%
$1,839/mo
You save $710/month ($8,516/year)

*Secondary financing rates are an estimated value based on input

MLS ID: IG24187508

Listing From:

Last updated: 2024-12-13T19:18:32.000Z

© , 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

3.16%
7.15%

Principal & Interest

$1,130 /mo
$1,773 /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 $160,338 (40%)
You can enter any amount below - secondary financing will cover the difference if needed.
40%
$

You cover the entire equity of $160,338!

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

Loan Breakdown

Assumed Mortgage3.16% Sellers Rate
$239,662
Your Cash$160,338
Total Purchase Price:$400,000

Assumed vs Traditional Mortgage

Assumed @ 3.16%
$1,130/mo
Traditional @ 7.5%
$1,839/mo
You save $710/month ($8,516/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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