Laura Jewett

Laura Jewett

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Closed

$715,000

($320,670 down)
FHA

1023 Fern Street, Escondido, CA 92027

3
2
1,366 sqft
PITI Monthly
$3,502.68 /mo

Listing courtesy of: Lilly Chavez, Meta Homes Realty Inc

Assumed Rate

4.46%
7.15%

Principal & Interest

$2,228 /mo
$2,984 /mo

What's Special

REMODELED
SHOPPING
DINING
GRANITE COUNTERTOPS
STAINLESS STEEL APPLIANCES
FAMILY-FRIENDLY

This lovely remodeled home has an open layout with a large family room that has big windows looking out at the pool and backyard. It features 3 bedrooms and 2 bathrooms, along with a one-car garage that has laundry hookups. The yard has over 10 fruit trees, including guava, peaches, Mexican lime, lemons, oranges, persimmons, green apples, avocados, mangoes, papayas, loquats, and chilies. There is also a nice front gate with blooming rose bushes. Inside, the kitchen is updated with granite countertops, stainless steel appliances, and easy-to-clean laminate or vinyl floors. The kitchen opens to the dining and family areas, and the windows are double-paned for better insulation. The neighborhood is well-kept and family-friendly, and it’s close to freeways, shopping, and schools. Priced to sell fast

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.46
Remaining Loan Term
23 years, 11 months
Monthly PITI
$3,502.68/mo
Estimated Loan Balance
$395,090
Cash to close
$320,670
Interest Paid
$113,618

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: None
  • Heating: Unknown
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Unknown
Pool
  • Has Pool: Yes
  • Pool Features: InGround, Private

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1960
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Escondido

Financial Details

  • Price per Sqft: $523.43
  • Tax Annual Amount: $8937.5
  • On Market Date: 2025-01-29T00:00:00.000Z
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 $320,670 (45%)
You can enter any amount below - secondary financing will cover the difference if needed.
45%
$

You cover the entire equity of $320,670!

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

Loan Breakdown

Assumed Mortgage4.46% Sellers Rate
$394,330
Your Cash$320,670
Total Purchase Price:$715,000

Assumed vs Traditional Mortgage

Assumed @ 4.46%
$2,228/mo
Traditional @ 7.5%
$3,096/mo
You save $867/month ($10,407/year)

*Secondary financing rates are an estimated value based on input

MLS ID: PTP2500736

Listing From:

Last updated: 2025-03-13T17:38:40.000Z

© , 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

4.46%
7.15%

Principal & Interest

$2,228 /mo
$2,984 /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 $320,670 (45%)
You can enter any amount below - secondary financing will cover the difference if needed.
45%
$

You cover the entire equity of $320,670!

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

Loan Breakdown

Assumed Mortgage4.46% Sellers Rate
$394,330
Your Cash$320,670
Total Purchase Price:$715,000

Assumed vs Traditional Mortgage

Assumed @ 4.46%
$2,228/mo
Traditional @ 7.5%
$3,096/mo
You save $867/month ($10,407/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000

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© 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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