Cheryl Riley

Cheryl Riley

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$324,900

($145,205 down)
FHA

1339 Basswood Way, Hemet, CA 92545

2
2
2,215 sqft
PITI Monthly
$1,555.05 /mo

Listing courtesy of: Carlos Nava, Re/Max Time Realty

Assumed Rate

3.72%
7.15%

Principal & Interest

$925 /mo
$1,354 /mo

What's Special

SPACIOUS
STAINLESS STEEL APPLIANCES
GOLF COURSE COMMUNITY
55+ COMMUNITY

Welcome to Seven Hills Golf Course Community, a prestigious 55+ community. This spacious manufactured home is set on a permanent foundation, offering the benefit of land ownership—no land lease, just a low $43 annual HOA fee. Boasting 2,215 square feet of living space, this home is perfect for entertaining. It sits on a 6,600 square-foot lot, complete with orange, avocado, and lemon trees, providing a tranquil, park-like backyard ideal for peaceful evenings. Inside, you'll find two bedrooms, two bathrooms, and an indoor laundry room with washer and dryer. The extra-large kitchen is equipped with stainless steel appliances, and the generously sized sunroom offers a versatile space that could easily be transformed into a man cave or she-shed. Additional features include a brand new heating and AC unit, a walk-in tub in the master bathroom, and a garage that has been modified for handicap accessibility. Don’t miss the opportunity to make this incredible home yours!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.72
Remaining Loan Term
24 years, 10 months
Monthly PITI
$1,555.05/mo
Estimated Loan Balance
$182,274
Cash to close
$145,205
Interest Paid
$36,623

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
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: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: ManufacturedOnLand
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1978
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Golf
HOA
  • Has HOA: Yes
  • HOA Name: Seven Hills
  • HOA Amenities: Unknown
  • HOA Fee: $43
  • HOA Frequency: $Annually
Location
  • Region: Hemet

Financial Details

  • Price per Sqft: $146.68
  • Tax Annual Amount: $4061.25
  • On Market Date: 2025-04-06T00:00:00.000Z
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 $145,205 (45%)
You can enter any amount below - secondary financing will cover the difference if needed.
45%
$

You cover the entire equity of $145,205!

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

Loan Breakdown

Assumed Mortgage3.72% Sellers Rate
$179,695
Your Cash$145,205
Total Purchase Price:$324,900

Assumed vs Traditional Mortgage

Assumed @ 3.72%
$925/mo
Traditional @ 7.15%
$1,404/mo
You save $479/month ($5,752/year)

*Secondary financing rates are an estimated value based on input

MLS ID: IG25075318

Listing From:

Last updated: 2025-04-15T01:13:49.000Z

© , 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

3.72%
7.15%

Principal & Interest

$925 /mo
$1,354 /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 $145,205 (45%)
You can enter any amount below - secondary financing will cover the difference if needed.
45%
$

You cover the entire equity of $145,205!

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

Loan Breakdown

Assumed Mortgage3.72% Sellers Rate
$179,695
Your Cash$145,205
Total Purchase Price:$324,900

Assumed vs Traditional Mortgage

Assumed @ 3.72%
$925/mo
Traditional @ 7.15%
$1,404/mo
You save $479/month ($5,752/year)

*Secondary financing rates are an estimated value based on input

Follow Us
American Allstar Realty
Agent/Broker
Cheryl RileyAmerican Allstar Realty(602) 353-7375cheryl.m.riley@gmail.comMLS BR655878000

© 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 American Allstar 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.

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