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OverviewWhat's SpecialLocationAssumption SnapshotFacts & Features
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Closed
Closed

$399,900

($120,030 down)
FHA

886 Falcon Glenn Drive, Mesquite, NV 89027

3
2
1,681 sqft
PITI Monthly
$2,007.7 /mo

Listing courtesy of: John Larson, RE/MAX Ridge Realty

Assumed Rate

2.66%
7.15%

Principal & Interest

$1,426 /mo
$2,386 /mo
$77,492 in interest paid off

What's Special

LOCATION
SPACIOUS
MODERN
VAULTED CEILINGS
This well-built home presents a fantastic opportunity with its impressive features. Offering three spacious bedrooms and two bathrooms, this residence
spans across 1681 sq. ft. of comfortable living space. One of the highlights of this property is its fully fenced backyard which is pet friendly and is sure
to be enjoyed by all. The landscaping is beautifully maintained, enhancing the overall appeal of the home. Step inside and be greeted by vaulted
ceilings that create a sense of openness and airiness. The interior has been freshly painted, giving it a modern and updated look. The floo... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.66
Remaining Loan Term
20 years, 9 months
Monthly PITI
$2,007.7/mo
Estimated Loan Balance
$280,674
Cash to close
$120,030
Interest Paid
$77,492

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir, Electric
  • Heating: Central, Electric
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Hardwood, Tile

Exterior

Fencing
  • Fencing: Block, BackYard
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: SingleFamilyResidence
  • Architectural Style: OneStory
Materials
  • Unknown
  • Roof: Tile
Condition
  • Year Built: 2005
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Falcon Glenn Sub Phase 1
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Falcon Ridge
  • HOA Amenities: Unknown
  • HOA Fee: $20
  • HOA Frequency: $Monthly
Location
  • Region: Mesquite

Financial Details

  • Price per Sqft: $237.89
  • Tax Annual Amount: $2183
  • On Market Date: Aug 06, 2024
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Savings Calculator

Current cash to close is $120,030 (30%)
You can enter any amount below - secondary financing will cover the difference if needed.
30%
$
0%20%50%

You cover the entire equity of $120,030!

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

Loan Breakdown

Assumed Mortgage2.66% Sellers Rate
$279,870
Your Cash$120,030
Total Purchase Price:$399,900

Assumed vs Traditional Mortgage

Assumed @ 2.66%
$1,426/mo
Traditional @ 7.15%
$2,475/mo
You save $1,050/month ($12,596/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 2600972

Listing From:

Last updated: Sep 18, 2024 03:33am

© 2025, GLVAR. 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

2.66%
7.15%

Principal & Interest

$1,426 /mo
$2,386 /mo
$77,492 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 $120,030 (30%)
You can enter any amount below - secondary financing will cover the difference if needed.
30%
$
0%20%50%

You cover the entire equity of $120,030!

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

Loan Breakdown

Assumed Mortgage2.66% Sellers Rate
$279,870
Your Cash$120,030
Total Purchase Price:$399,900

Assumed vs Traditional Mortgage

Assumed @ 2.66%
$1,426/mo
Traditional @ 7.15%
$2,475/mo
You save $1,050/month ($12,596/year)

*Secondary financing rates are an estimated value based on input

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May, 17 2025

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