Billy  Alt

Billy Alt

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Closed

$425,000

($228,033 down)
VA

2020 Mahogany Lane, Big Bear City, CA 92314

3
2
1,301 sqft
PITI Monthly
$1,460.21 /mo

Listing courtesy of: Erik Valenzuela, Century 21 Village Realty

Assumed Rate

2.74%
7.15%

Principal & Interest

$868 /mo
$1,438 /mo

What's Special

OPEN CONCEPT
MINUTES AWAY
SHOPPING
DINING
FIREPLACE
DECK
BALCONY

Welcome to this tranquil three bedroom, two bathroom Big Bear home! This home is conveniently located close to Hwy 38, on the Mitchell side of Erwin Lake. You'll be minutes away from Big Bear Lake, the ski slopes, as well as dining and shopping. Featuring one bedroom and one full ensuite bath downstairs and 2 large bedrooms and one full bath upstairs with plenty of closet and storage space. The primary bedroom upstairs offers a nice balcony to enjoy your morning coffee overlooking the beautiful mountain scenery. You will also enjoy central heat, dual pane windows, newer flooring and a beautiful stone fireplace in addition to an open concept throughout the living room, dining area and kitchen. There is a large storage shed included and plenty of parking for your RV and boat. You will also enjoy the wraparound deck and a fenced in back yard of this impeccable mountain retreat!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.74
Remaining Loan Term
26 years, 0 months
Monthly PITI
$1,460.21/mo
Estimated Loan Balance
$198,217
Cash to close
$228,033
Interest Paid
$22,320

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: None
  • Heating: Central, Fireplaces, NaturalGas
Features
  • Materials: Drywall, CopperPlumbing
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: WoodBurning
  • Flooring: Carpet, Laminate

Exterior

Fencing
  • Fencing: ChainLink
Roof
  • Roof: Composition
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: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Cottage
Materials
  • Drywall, CopperPlumbing
  • Roof: Composition
Condition
  • Year Built: 1989
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Hiking, Lake, Mountainous, NearNationalForest, Park, Rural
HOA
  • Has HOA: No
Location
  • Region: Big Bear City

Financial Details

  • Price per Sqft: $326.67
  • Tax Annual Amount: $5312.5
  • On Market Date: 2024-08-02T00:00:00.000Z
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 $228,033 (54%)
You can enter any amount below - secondary financing will cover the difference if needed.
54%
$

You cover the entire equity of $228,033!

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

Loan Breakdown

Assumed Mortgage2.74% Sellers Rate
$196,967
Your Cash:$228,033
Total Purchase Price:$425,000

Assumed vs Traditional Mortgage

Assumed @ 2.74%
$868/mo
Traditional @ 7.15%
$1,492/mo
You save $624/month ($7,484/year)

*Secondary financing rates are an estimated value based on input

MLS ID: AR24155966

Listing From:

Last updated: 2024-12-27T13:11:47.000Z

© , 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

2.74%
7.15%

Principal & Interest

$868 /mo
$1,438 /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 $228,033 (54%)
You can enter any amount below - secondary financing will cover the difference if needed.
54%
$

You cover the entire equity of $228,033!

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

Loan Breakdown

Assumed Mortgage2.74% Sellers Rate
$196,967
Your Cash:$228,033
Total Purchase Price:$425,000

Assumed vs Traditional Mortgage

Assumed @ 2.74%
$868/mo
Traditional @ 7.15%
$1,492/mo
You save $624/month ($7,484/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Alt Group
Agent/Broker
Billy AltAlt Group (702) 250-1090info@altgrouplv.comMLS BS.1001764

© 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 Alt Group 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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