Dan Kaercher

Dan Kaercher

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Closed

$699,999

($160,544 down)
FHA

3157 E Chip Smith Way, Ontario, CA 91762

3
3
1,758 sqft
PITI Monthly
$4,136.24 /mo

Listing courtesy of: JOANN SILVA, REALTY MASTERS & ASSOCIATES

Assumed Rate

6.82%
7.15%

Principal & Interest

$3,536 /mo
$3,656 /mo

What's Special

SPACIOUS
MODERN
STAINLESS STEEL APPLIANCES
MASTER SUITE
GAME ROOM
PATIO
CLUBHOUSE
EFFICIENT

Welcome to Ontario Ranch, a vibrant and growing community where opportunity thrives. Located at 3157 E. Chip Smith, this stunning home offers 3 bedrooms, 2.5 baths, and 1758 square feet of comfortable living on a 2,430-square-foot lot. While the master suite features spacious his-and-hers closets. The modern kitchen includes stainless steel appliances. The home is equipped with a 17-panel solar system from Goodleap for just $144 a month, plus a small annual bill from Edison for efficient energy management. Additional features include a tankless water heater, Nest thermostat, a 60 AMP breaker for effortless EV charging, and a whole house fan to maintain fresh airflow. The garage offers extra metal shelving for added storage, along with backyard shed, outdooor cameras, and a vinyl patio for outdoor enjoyment. For $230 a month, Chip Smith HOA provides access to an exceptional array of amenities, including a clubhouse with a movie theater, gym banquet rooms, libraries, a game room, and office space. Step outside to enjoy the sparkling pool and peaceful park. Families will love the proximity to the new Park View Elementary School. This home is more than just a place to live-its the perfect launchpad for a vibrant, active lifestyle.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.82
Remaining Loan Term
29 years, 3 months
Monthly PITI
$4,136.24/mo
Estimated Loan Balance
$541,310
Cash to close
$160,544
Interest Paid
$27,593

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir, WholeHouseFan
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Vinyl
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: Association

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 2017
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Curbs, Park
HOA
  • Has HOA: Yes
  • HOA Name: First Service Residential
  • HOA Amenities: Unknown
  • HOA Fee: $230
  • HOA Frequency: $Monthly
Location
  • Region: Ontario

Financial Details

  • Price per Sqft: $398.18
  • Tax Annual Amount: $
  • On Market Date: 2024-09-30T00:00:00.000Z
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 $160,544 (23%)
You can enter any amount below - secondary financing will cover the difference if needed.
23%
$

You cover the entire equity of $160,544!

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

Loan Breakdown

Assumed Mortgage6.82% Sellers Rate
$539,455
Your Cash$160,544
Total Purchase Price:$699,999

Assumed vs Traditional Mortgage

Assumed @ 6.82%
$3,536/mo
Traditional @ 7.5%
$3,792/mo
You save $256/month ($3,074/year)

*Secondary financing rates are an estimated value based on input

MLS ID: IV24202440

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

6.82%
7.15%

Principal & Interest

$3,536 /mo
$3,656 /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 $160,544 (23%)
You can enter any amount below - secondary financing will cover the difference if needed.
23%
$

You cover the entire equity of $160,544!

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

Loan Breakdown

Assumed Mortgage6.82% Sellers Rate
$539,455
Your Cash$160,544
Total Purchase Price:$699,999

Assumed vs Traditional Mortgage

Assumed @ 6.82%
$3,536/mo
Traditional @ 7.5%
$3,792/mo
You save $256/month ($3,074/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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