Dan Kaercher

Dan Kaercher

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Closed

$599,000

($205,750 down)
FHA

29069 Cedar Terrace, Cedar Glen, CA 92321

5
3
3,018 sqft
PITI Monthly
$2,905.74 /mo

Listing courtesy of: Hermine Temurian, Coldwell Banker Hallmark Realty

Assumed Rate

2.98%
7.15%

Principal & Interest

$1,768 /mo
$2,840 /mo

What's Special

DINING
RENOVATED
FIREPLACE
CHARMING
RENTAL INCOME

Charming property in the quiet area of Cedar Glen. Conveniently located to Lake Arrowhead shops and commuter friendly to the Inland Empire. Property is completely renovated and ready for rental income or just to leave full time in it. Main floor has a Primary bedroom with large closet. Property features large living room, dining area, large kitchen and 2 car garage. Garage has a handicap lift. Property has power generator, just in case, and two fireplaces. Back yard comes with a brand new outdoor Jacuzzi to enjoy and a barbecue area. Property is under surveillance camera that records and is accessible to the owner, directly. Property has lot more to offer, MUST SEE.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.98
Remaining Loan Term
26 years, 4 months
Monthly PITI
$2,905.74/mo
Estimated Loan Balance
$395,614
Cash to close
$205,750
Interest Paid
$44,183

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: None
  • Heating: Fireplaces
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom, PrimaryBedroom
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Partial
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: SewerTapPaid, Unknown
  • 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: 1965
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Biking, Fishing, Mountainous, NearNationalForest, Valley
HOA
  • Has HOA: No
Location
  • Region: Cedar Glen

Financial Details

  • Price per Sqft: $198.48
  • Tax Annual Amount: $7487.5
  • On Market Date: 2024-08-19T00:00:00.000Z
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 $205,750 (34%)
You can enter any amount below - secondary financing will cover the difference if needed.
34%
$

You cover the entire equity of $205,750!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$393,250
Your Cash$205,750
Total Purchase Price:$599,000

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$1,768/mo
Traditional @ 7.5%
$2,946/mo
You save $1,178/month ($14,131/year)

*Secondary financing rates are an estimated value based on input

MLS ID: P1-18936

Listing From:

Last updated: 2024-11-25T22:20:34.000Z

© , 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

2.98%
7.15%

Principal & Interest

$1,768 /mo
$2,840 /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 $205,750 (34%)
You can enter any amount below - secondary financing will cover the difference if needed.
34%
$

You cover the entire equity of $205,750!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$393,250
Your Cash$205,750
Total Purchase Price:$599,000

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$1,768/mo
Traditional @ 7.5%
$2,946/mo
You save $1,178/month ($14,131/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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