Laura Jewett

Laura Jewett

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Closed

$725,000

($550,685 down)
FHA

1025 Santa Margarita Drive, Fallbrook, CA 92028

3
2
1,431 sqft
PITI Monthly
$1,659.32 /mo

Listing courtesy of: Jim Holbrook, Performance Estates & Homes

Assumed Rate

4.43%
7.15%

Principal & Interest

$1,264 /mo
$1,699 /mo

What's Special

REMODELED
SHOPPING
SPACIOUS
RENOVATED
GRANITE COUNTERTOPS
STAINLESS STEEL APPLIANCES
LANDSCAPED
IRRIGATION SYSTEM
CHARMING
SOLAR PANELS
NO HOA
TURNKEY

UPDATE AS OF SEPTEMBER 20TH...HOME TO INCLUDE 30K PAID OFF SOLAR SYSTEM!!!! Put this home on the must-see list! This gorgeous Fallbrook property has been completely renovated and remodeled over the last 14 years, offering turnkey, move-in-ready convenience with LOW TAXES and NO HOA. With a large backyard and endless possibilities in the front yard, this home is ideally located near everything Fallbrook has to offer. As you approach, you're greeted by a nearly 2,000-square-foot custom paver stone driveway, beautifully adorned with rose bushes and a highly productive avocado tree. The front yard presents a blank canvas, ready for your creative touch. Upon entering the home, you'll immediately notice the how upgraded and updated this home really is. The entire home features beautiful wood laminate and tile flooring, creating a seamless flow throughout. The kitchen is a chef's dream, with granite countertops, a custom glass tile backsplash, stainless steel appliances, a farmhouse sink, see-through cabinetry and soft-close drawers and cabinets. One of the standout features of this home is the custom-built screened-in back porch, a perfect spot for morning coffee or evening relaxation while enjoying the well-landscaped and spacious backyard. The primary bedroom is generously sized and features a fully renovated en-suite bathroom with a charming clawfoot tub/shower combo. All secondary bedrooms are large and offer plenty of space. This home has undergone significant upgrades, including a new roof, new windows and doors, a new air conditioning unit and solar panels. The backyard is a gardener's paradise, with highly productive citrus, apple, and avocado trees, mature bougainvillea, jasmine, and ivy lining the fence, all fed by a drip irrigation system. For convenience, there is a large, well-maintained tool shed for gardening equipment or hobbies, along with an additional shed that includes a completely fenced-in area for small animals next to a raised garden bed. For added security, the home is equipped with a 5-camera Blink remote camera system installed both outside and inside. Located close to shopping, schools, businesses, the 15 freeway, and Highway 76, this pristine home is a rare find. Don't miss this opportunity!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.43
Remaining Loan Term
15 years, 6 months
Monthly PITI
$1,659.32/mo
Estimated Loan Balance
$176,165
Cash to close
$550,685
Interest Paid
$138,321

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central, ForcedAir
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Laminate, Tile

Exterior

Fencing
  • Fencing: Block, Wood
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Composition
Condition
  • Year Built: 1964
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Fallbrook
  • Features: StreetLights, Suburban
HOA
  • Has HOA: No
Location
  • Region: Fallbrook

Financial Details

  • Price per Sqft: $506.64
  • Tax Annual Amount: $
  • On Market Date: 2024-09-01T00:00:00.000Z
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 $550,685 (76%)
You can enter any amount below - secondary financing will cover the difference if needed.
76%
$

You cover the entire equity of $550,685!

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

Loan Breakdown

Assumed Mortgage4.43% Sellers Rate
$174,315
Your Cash:$550,685
Total Purchase Price:$725,000

Assumed vs Traditional Mortgage

Assumed @ 4.43%
$1,264/mo
Traditional @ 7.5%
$1,763/mo
You save $498/month ($5,980/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SW24176338

Listing From:

Last updated: 2024-12-05T05:12:24.000Z

© , 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

4.43%
7.15%

Principal & Interest

$1,264 /mo
$1,699 /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 $550,685 (76%)
You can enter any amount below - secondary financing will cover the difference if needed.
76%
$

You cover the entire equity of $550,685!

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

Loan Breakdown

Assumed Mortgage4.43% Sellers Rate
$174,315
Your Cash:$550,685
Total Purchase Price:$725,000

Assumed vs Traditional Mortgage

Assumed @ 4.43%
$1,264/mo
Traditional @ 7.5%
$1,763/mo
You save $498/month ($5,980/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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