Dan Kaercher

Dan Kaercher

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Closed

$399,900

($0 down)*
FHA

Potential short sale please verify with your agent.

531 W Latham Avenue, Hemet, CA 92543

3
1
1,068 sqft
PITI Monthly
$3,307.15 /mo

Listing courtesy of: Efrain Chacon, Real Broker

Assumed Rate

6.92%
7.15%

Principal & Interest

$2,851 /mo
$2,918 /mo

What's Special

SPACIOUS
MODERN
RENOVATED
LUXURY
CHARMING
RENTAL INCOME
INVESTMENT OPPORTUNITY

Step into the perfect blend of modern luxury and spacious living with this beautifully updated corner-lot home in a desirable part of Hemet. Boasting a recently renovated kitchen that features pristine white countertops, a stylish subway tile backsplash, and a charming barn-style sink, this home is designed to impress. The open and airy kitchen space leads seamlessly into the living areas, creating an ideal environment for entertaining and everyday living. This remarkable property doesn't just stop at aesthetic appeal; practicality is also a highlight with a generous two-car garage and a separate laundry room enhancing the functionality of the home. The substantial lot provides ample space, offering a rare opportunity to expand with an Accessory Dwelling Unit (ADU) for additional living space or rental income. Outdoor living is a breeze with an inviting above-ground pool that promises endless fun and relaxation during those warm summer days. Located on a corner lot, this home affords extra privacy and plenty of room for gardening, play areas, or simply enjoying the Southern California sunshine. Don't miss out on the chance to own this gem in a sought-after neighborhood. Whether you're looking for a family home or an investment opportunity, this property is sure to exceed your expectations and captivate your heart. Schedule your viewing today and come see why this should be your next home!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.92
Remaining Loan Term
29 years, 5 months
Monthly PITI
$3,307.15/mo
Estimated Loan Balance
$447,430
Cash to close
$0
Interest Paid
$17,396

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 1
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Unknown
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Unknown
Pool
  • Has Pool: Yes
  • Pool Features: AboveGround

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1950
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $374.44
  • Tax Annual Amount: $
  • On Market Date: 2024-07-26T00:00:00.000Z
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 $0 (0%)
You can enter any amount below - secondary financing will cover the difference if needed.
0%
$

You cover the entire equity of $0!

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

Loan Breakdown

Assumed Mortgage6.92% Sellers Rate
$399,900
Your Cash$0
Total Purchase Price:$399,900

Assumed vs Traditional Mortgage

Assumed @ 6.92%
$2,851/mo
Traditional @ 7.5%
$3,027/mo
You save $176/month ($2,107/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NDP2406632

Listing From:

Last updated: 2024-12-07T23:54:51.000Z

© , 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

6.92%
7.15%

Principal & Interest

$2,851 /mo
$2,918 /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 $0 (0%)
You can enter any amount below - secondary financing will cover the difference if needed.
0%
$

You cover the entire equity of $0!

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

Loan Breakdown

Assumed Mortgage6.92% Sellers Rate
$399,900
Your Cash$0
Total Purchase Price:$399,900

Assumed vs Traditional Mortgage

Assumed @ 6.92%
$2,851/mo
Traditional @ 7.5%
$3,027/mo
You save $176/month ($2,107/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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