Michelle West

Michelle West

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$499,000

($185,397 down)
FHA

1446 N 8th Street, Banning, CA 92220

4
2
1,380 sqft
PITI Monthly
$2,966.22 /mo

Listing courtesy of: Danielle Ledeker, KELLER WILLIAMS REALTY

Assumed Rate

7.07%
7.15%

Principal & Interest

$2,134 /mo
$2,151 /mo

What's Special

SHOPPING
STAINLESS STEEL APPLIANCES

This beautifully maintained single-story home with 1380 sq ft of living space on a 9147 sq ft corner lot is a great place to call home. You'll love the heart that the owner put into the landscape with beautiful tall palm trees, maintained bushes, shrubs, cactus, green grass and many trees that give the outside space plenty of character. As you walk in you'll notice a nice open living room great for entertaining. Kitchen with plenty of cabinets and stainless steel appliances. Home features upgraded porcelain tile throughout. Shutters in every room. Upgraded master shower, garage door, crown molding, and much more. Conveniently located to multiple schools, gas stations, fast food and shopping. Also just a straight shot to get home right off the 10 freeway. This home is desirable as its one block away from a brand new housing development being built, and it has zero HOA and low taxes. Has all the space you need for a low price and breathe taking views of the mountains. Call today so you can make this place your home by the summer. :)

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
7.07
Remaining Loan Term
28 years, 7 months
Monthly PITI
$2,966.22/mo
Estimated Loan Balance
$366,104
Cash to close
$185,397
Interest Paid
$31,686

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
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: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1981
Details
  • Builder:

Community & HOA

Community
  • Subdivision: n/a
  • Features: Biking, Curbs, Hiking, StreetLights, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Banning

Financial Details

  • Price per Sqft: $361.59
  • Tax Annual Amount: $6237.5
  • On Market Date: 2025-04-03T00:00:00.000Z
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 $185,397 (37%)
You can enter any amount below - secondary financing will cover the difference if needed.
37%
$

You cover the entire equity of $185,397!

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

Loan Breakdown

Assumed Mortgage7.07% Sellers Rate
$313,603
Your Cash$185,397
Total Purchase Price:$499,000

Assumed vs Traditional Mortgage

Assumed @ 7.07%
$2,134/mo
Traditional @ 7.5%
$2,231/mo
You save $97/month ($1,168/year)

*Secondary financing rates are an estimated value based on input

MLS ID: IG25072491

Listing From:

Last updated: 2025-04-04T02:11:57.000Z

© , 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

7.07%
7.15%

Principal & Interest

$2,134 /mo
$2,151 /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 $185,397 (37%)
You can enter any amount below - secondary financing will cover the difference if needed.
37%
$

You cover the entire equity of $185,397!

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

Loan Breakdown

Assumed Mortgage7.07% Sellers Rate
$313,603
Your Cash$185,397
Total Purchase Price:$499,000

Assumed vs Traditional Mortgage

Assumed @ 7.07%
$2,134/mo
Traditional @ 7.5%
$2,231/mo
You save $97/month ($1,168/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Realty Executives
Agent/Broker
Michelle WestRealty Executives (602) 516-8332michellewest@realtyexecutives.comMLS SA674985000

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