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Closed
Closed

$300,000

($0 down)*
FHA

Potential short sale please verify with your agent.

28840 Skyline Drive, Tehachapi, CA 93561

2
2
1,807 sqft
PITI Monthly
$2,167.33 /mo

Listing courtesy of: Marielle Epstein, 1st Point Realty

Assumed Rate

3.02%
7.15%

Principal & Interest

$1,390 /mo
$2,222 /mo
$44,075 in interest paid off

What's Special

SERENE
LUXURY
VAULTED CEILINGS
TENNIS COURTS
COZY
Welcome to Your Mountain Sanctuary in Bear Valley Springs! Perched on 3.36 acres of serene mountain landscape, this 2-bedroom, 3-bath, 1,807 sqft,
custom steel frame home at 28840 Skyline Dr offers the perfect blend of luxury, comfort, and breathtaking views. With an expansive attached RV
garage and lots of windows that flood the space with natural light, this home is as functional as it is beautiful. Cozy up by the wood-burning stove under
vaulted ceilings in the living room, or step outside to take in the stunning surroundings. Nestled within the exclusive Bear Valley Springs Co... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.02
Remaining Loan Term
25 years, 4 months
Monthly PITI
$2,167.33/mo
Estimated Loan Balance
$325,548
Cash to close
$0
Interest Paid
$44,075

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Shingle
Parking
  • Garage: Yes
  • Garage Spaces: 5
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: SepticTypeUnknown
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: Community, Association

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Traditional
Materials
  • Unknown
  • Roof: Shingle
Condition
  • Year Built: 1994
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Pool
HOA
  • Has HOA: Yes
  • HOA Name:
  • HOA Amenities: Unknown
  • HOA Fee: $1086
  • HOA Frequency: $Annually
Location
  • Region: Tehachapi

Financial Details

  • Price per Sqft: $166.02
  • Tax Annual Amount: $3750
  • On Market Date: Aug 28, 2024
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Savings Calculator

Current cash to close is $0 (0%)
You can enter any amount below - secondary financing will cover the difference if needed.
0%
$
0%20%50%

You cover the entire equity of $0!

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

Loan Breakdown

Assumed Mortgage3.02% Sellers Rate
$300,000
Your Cash$0
Total Purchase Price:$300,000

Assumed vs Traditional Mortgage

Assumed @ 3.02%
$1,390/mo
Traditional @ 7.15%
$2,304/mo
You save $914/month ($10,969/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 24433241

Listing From:

Last updated: Feb 12, 2025 10:03pm

© 2025, 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

3.02%
7.15%

Principal & Interest

$1,390 /mo
$2,222 /mo
$44,075 in interest paid off
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%
$
0%20%50%

You cover the entire equity of $0!

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

Loan Breakdown

Assumed Mortgage3.02% Sellers Rate
$300,000
Your Cash$0
Total Purchase Price:$300,000

Assumed vs Traditional Mortgage

Assumed @ 3.02%
$1,390/mo
Traditional @ 7.15%
$2,304/mo
You save $914/month ($10,969/year)

*Secondary financing rates are an estimated value based on input

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May, 15 2025

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