Dan Kaercher

Dan Kaercher

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Closed

$420,000

($174,166 down)
FHA

412 N Thompson Street, Hemet, CA 92543

4
2
1,744 sqft
PITI Monthly
$2,179.15 /mo

Listing courtesy of: Michelle Clark, MAINSTREET REALTORS

Assumed Rate

4.46%
7.15%

Principal & Interest

$1,386 /mo
$1,857 /mo

What's Special

INVESTORS
SHOPPING
SPACIOUS
RENTAL INCOME
INVESTMENT OPPORTUNITY

Great investment opportunity! This duplex located in the heart of Hemet offers potential for investors or those seeking a multi-family living arrangement. Each unit features 2 bedrooms, 1 bathroom, making it ideal for rental income or extended family living. The property does need a little TLC, providing the perfect chance to add your personal touch or make upgrades to maximize value. The spacious lot size offers flexibility for outdoor use or additional storage. Conveniently located near shopping, schools, and parks, this property is brimming with possibilities. Whether you're a seasoned investor or a first-time buyer looking for an income-generating property, this duplex is a must-see.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.46
Remaining Loan Term
24 years, 0 months
Monthly PITI
$2,179.15/mo
Estimated Loan Balance
$261,645
Cash to close
$174,166
Interest Paid
$69,786

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Laminate

Exterior

Fencing
  • Fencing: AverageCondition
Roof
  • Roof: Unknown
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Duplex
  • Architectural Style: Traditional
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1953
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $240.83
  • Tax Annual Amount: $5250
  • On Market Date: 2025-01-23T00:00:00.000Z
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 $174,166 (41%)
You can enter any amount below - secondary financing will cover the difference if needed.
41%
$

You cover the entire equity of $174,166!

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

Loan Breakdown

Assumed Mortgage4.46% Sellers Rate
$245,834
Your Cash$174,166
Total Purchase Price:$420,000

Assumed vs Traditional Mortgage

Assumed @ 4.46%
$1,386/mo
Traditional @ 7.5%
$1,926/mo
You save $540/month ($6,475/year)

*Secondary financing rates are an estimated value based on input

MLS ID: CV25016811

Listing From:

Last updated: 2025-03-14T00:18:58.000Z

© , 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

4.46%
7.15%

Principal & Interest

$1,386 /mo
$1,857 /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 $174,166 (41%)
You can enter any amount below - secondary financing will cover the difference if needed.
41%
$

You cover the entire equity of $174,166!

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

Loan Breakdown

Assumed Mortgage4.46% Sellers Rate
$245,834
Your Cash$174,166
Total Purchase Price:$420,000

Assumed vs Traditional Mortgage

Assumed @ 4.46%
$1,386/mo
Traditional @ 7.5%
$1,926/mo
You save $540/month ($6,475/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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