Bobi Hernandez

Bobi Hernandez

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$398,000

($116,487 down)
FHA

530 Rainier Way, Hemet, CA 92543

2
2
1,418 sqft
PITI Monthly
$2,047.13 /mo

Listing courtesy of: Michael Vizcarra, Rodeo Realty

Assumed Rate

2.9%
7.15%

Principal & Interest

$1,267 /mo
$2,056 /mo

What's Special

SERENE
SHOPPING
DINING
SPACIOUS
PATIO
CLUBHOUSE
WALKING TRAILS
MOUNTAIN VIEWS
CHARMING
55+ COMMUNITY

Prime Corner Lot with Mountain Views! Welcome to your ideal retreat in the highly sought-after Panorama Village 55+ community! Nestled on a charming corner lot with excellent curb appeal, this 2-bedroom, 2-bathroom single-family home with bonus office/den offers easy living, smart functionality, and an abundance of natural light. Step inside to discover 1,418 sq ft of comfortable, single-level living with no common walls, ideal for privacy and quiet enjoyment. The spacious bedrooms each feature direct access to bathrooms, while the versatile den/office is perfect for reading, hobbies, or guest overflow. A bright kitchen provides ample cabinetry and flows into a large enclosed patio room perfect for card games, morning coffee, or entertaining family and friends. Additional features include: Central A/C and heating, tile and carpet flooring, In-garage laundry, an attached garage for convenience, and Mountain views that create a serene and scenic setting, Enjoy resort-style amenities just steps from your door, including a golf course, clubhouse, heated pool and spa, and walking trails, all for a low HOA fee. Located in the heart of Hemet with nearby shopping, dining, and medical facilities, this home offers the perfect blend of community, comfort, and carefree living. Don't miss this chance to own a rare home in one of Hemet's most welcoming 55+ neighborhoods. Schedule your private tour today this one won't last!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.9
Remaining Loan Term
26 years, 8 months
Monthly PITI
$2,047.13/mo
Estimated Loan Balance
$294,034
Cash to close
$116,487
Interest Paid
$28,391

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: WallFurnace
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: No
  • Garage Spaces:
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: Association

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Traditional
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1967
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name:
  • HOA Amenities: Unknown
  • HOA Fee: $90
  • HOA Frequency: $Monthly
Location
  • Region: Hemet

Financial Details

  • Price per Sqft: $280.68
  • Tax Annual Amount: $4975
  • On Market Date: 2025-04-15T00:00:00.000Z
Inquire about this property

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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 $116,487 (29%)
You can enter any amount below - secondary financing will cover the difference if needed.
29%
$

You cover the entire equity of $116,487!

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

Loan Breakdown

Assumed Mortgage2.9% Sellers Rate
$281,513
Your Cash$116,487
Total Purchase Price:$398,000

Assumed vs Traditional Mortgage

Assumed @ 2.9%
$1,267/mo
Traditional @ 7.15%
$2,132/mo
You save $866/month ($10,386/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 25525695

Listing From:

Last updated: 2025-04-15T21:52:05.000Z

© , 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

2.9%
7.15%

Principal & Interest

$1,267 /mo
$2,056 /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 $116,487 (29%)
You can enter any amount below - secondary financing will cover the difference if needed.
29%
$

You cover the entire equity of $116,487!

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

Loan Breakdown

Assumed Mortgage2.9% Sellers Rate
$281,513
Your Cash$116,487
Total Purchase Price:$398,000

Assumed vs Traditional Mortgage

Assumed @ 2.9%
$1,267/mo
Traditional @ 7.15%
$2,132/mo
You save $866/month ($10,386/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Bobi Hernandez(602) 761-0781bobisellsazhomes@gmail.comMLS

© 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 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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