Cheryl Riley

Cheryl Riley

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$369,000

($71,112 down)
FHA

22931 Lucilla Road, Apple Valley, CA 92308

3
2
1,550 sqft
PITI Monthly
$2,455.61 /mo

Listing courtesy of: Alma Kelly, Coldwell Banker Home Source

Assumed Rate

5.22%
7.15%

Principal & Interest

$1,702 /mo
$2,089 /mo

What's Special

SPACIOUS
MODERN
HOME OFFICE
CHARMING

**Charming Residence with Abundant Potential on Expansive Grounds** Step into a piece of history with this inviting older home, offering a unique blend of character and opportunity. Nestled on nearly half an acre of usable land, this property provides ample space for gardening, recreation, including RV access, building an ADU, or simply enjoying the serenity of your own private oasis. Inside, discover three generously sized bedrooms, each offering a comfortable retreat. Two full bathrooms cater to everyday convenience, while two additional flexible rooms present endless possibilities. Create a home office, hobby room, or guest quarters – the choice is yours! A spacious two-car garage not only provides secure parking but also boasts a dedicated workspace, perfect for DIY enthusiasts or those seeking extra storage. This home, rich in history and brimming with potential, awaits your personal touch. Embrace the opportunity to restore its original charm or infuse it with modern updates to create your dream haven. Buyer to assume solar lease, home is sold as is. MORE PICTURES TO COME!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.22
Remaining Loan Term
27 years, 6 months
Monthly PITI
$2,455.61/mo
Estimated Loan Balance
$320,948
Cash to close
$71,112
Interest Paid
$39,660

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: EvaporativeCooling
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Laminate, Tile

Exterior

Fencing
  • Fencing: ChainLink
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: SepticTypeUnknown
  • 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: 1959
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: HorseTrails
HOA
  • Has HOA: No
Location
  • Region: Apple Valley

Financial Details

  • Price per Sqft: $238.06
  • Tax Annual Amount: $4612.5
  • On Market Date: 2025-04-05T00:00:00.000Z
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 $71,112 (19%)
You can enter any amount below - secondary financing will cover the difference if needed.
19%
$

You cover the entire equity of $71,112!

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

Loan Breakdown

Assumed Mortgage5.22% Sellers Rate
$297,888
Your Cash$71,112
Total Purchase Price:$369,000

Assumed vs Traditional Mortgage

Assumed @ 5.22%
$1,702/mo
Traditional @ 7.15%
$2,167/mo
You save $465/month ($5,576/year)

*Secondary financing rates are an estimated value based on input

MLS ID: HD25073385

Listing From:

Last updated: 2025-04-06T14:43:33.000Z

© , 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

5.22%
7.15%

Principal & Interest

$1,702 /mo
$2,089 /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 $71,112 (19%)
You can enter any amount below - secondary financing will cover the difference if needed.
19%
$

You cover the entire equity of $71,112!

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

Loan Breakdown

Assumed Mortgage5.22% Sellers Rate
$297,888
Your Cash$71,112
Total Purchase Price:$369,000

Assumed vs Traditional Mortgage

Assumed @ 5.22%
$1,702/mo
Traditional @ 7.15%
$2,167/mo
You save $465/month ($5,576/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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