Dan Kaercher

Dan Kaercher

Property SearchContact
primary-1
primary-2primary-3
Closed

$279,900

($269,810 down)
FHA

40550 Poppy Drive, Hemet, CA 92544

2
2
1,020 sqft
PITI Monthly
$521.86 /mo

Listing courtesy of: Joni Greene, ERA Donahoe Realty

Assumed Rate

7.5%
7.15%

Principal & Interest

$339 /mo
$329 /mo

What's Special

INVESTORS
LOCATION
SPACIOUS
CHARMING
INVESTMENT OPPORTUNITY

**Charming Fixer-Upper in the Heart of the City!** Welcome to your next investment opportunity! This centrally located 2-bedroom, 1-bathroom gem is brimming with potential and waiting for your creative touch. This property is perfect for those looking to customize their dream home or savvy investors seeking to maximize value. As you step inside, you’ll be greeted by a spacious layout that invites your imagination. The generous living area offers a welcoming atmosphere for entertaining family and friends, while the two well-sized bedrooms promise comfort and versatility. The kitchen, although in need of some updates, is the perfect canvas for your culinary aspirations. This property not only boasts a fantastic location but also presents the chance to build equity through renovations. Don’t miss out on this rare opportunity to invest in a property with so much potential! Whether you’re a first-time homebuyer or seasoned investor, this fixer-upper is ready for your vision. Schedule a viewing today and let your dreams take shape!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
7.5
Remaining Loan Term
2 years, 2 months
Monthly PITI
$521.86/mo
Estimated Loan Balance
$22,949
Cash to close
$269,810
Interest Paid
$55,178

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: Carpet, Laminate

Exterior

Fencing
  • Fencing: Wood
Roof
  • Roof: Shingle
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: Shingle
Condition
  • Year Built: 1959
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $274.41
  • 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 $269,810 (96%)
You can enter any amount below - secondary financing will cover the difference if needed.
96%
$

You cover the entire equity of $269,810!

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

Loan Breakdown

Assumed Mortgage7.5% Sellers Rate
$10,090
Your Cash:$269,810
Total Purchase Price:$279,900

Assumed vs Traditional Mortgage

Assumed @ 7.5%
$339/mo
Traditional @ 7.5%
$340/mo
You save $1/month ($7/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SW24181773

Listing From:

Last updated: 2024-09-18T15:34:34.000Z

© , 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

7.5%
7.15%

Principal & Interest

$339 /mo
$329 /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 $269,810 (96%)
You can enter any amount below - secondary financing will cover the difference if needed.
96%
$

You cover the entire equity of $269,810!

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

Loan Breakdown

Assumed Mortgage7.5% Sellers Rate
$10,090
Your Cash:$269,810
Total Purchase Price:$279,900

Assumed vs Traditional Mortgage

Assumed @ 7.5%
$339/mo
Traditional @ 7.5%
$340/mo
You save $1/month ($7/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

Powered By UMe.

© 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 Your Home Sold Guaranteed Realty 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.

equal-housing

Your Home Sold Guaranteed Realty © is committed to and abides by the Fair Housing Act of Equal Opportunity.