Laura Jewett

Laura Jewett

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Closed

$1,395,000

($280,910 down)
VA

1110 E 2nd Ave, Escondido, CA 92025

N/A
N/A
sqft
PITI Monthly
$7,717.23 /mo

Listing courtesy of: Christina Labowicz, Apartment Consultants Incorporated

Assumed Rate

4.82%
7.15%

Principal & Interest

$6,048 /mo
$7,767 /mo

What's Special

INVESTMENT OPPORTUNITY

Price Correction!  With a total of 2,920 sqft of living space with SIX bedrooms between THREE units -- it's Cheaper than buying the same living space as a single family house! Great investment opportunity with significant upside in rents, and a wonderful multigenerational living situation with a Detached Single Family House with Attached Garage in the front, and two 2 story Townhouse Style units in the back! Sitting on 7,376 sqft of lot space grants each home their own private yard and 2+ parking spaces, a carport for the townhomes located off the alley and driveway off of E 2nd for the front home. Washer dryer for each unit located on a quiet residential street within a mile of local eateries, the Maple Street Plaza and 1/2 a mile to Home Depot, Walmart and grocery stores.... What more could you ask for in a long term investment!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
4.82
Remaining Loan Term
27 years, 6 months
Monthly PITI
$7,717.23/mo
Estimated Loan Balance
$1,117,210
Cash to close
$280,910
Interest Paid
$135,983

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms:
  • Bathrooms: 0
Cooling & Heating
  • Cooling: WallWindowUnits
  • Heating: NaturalGas
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

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

Construction

Type & Style
  • Stories: 2
  • Home type:
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Composition
Condition
  • Year Built: 1965
Details
  • Builder:

Community & HOA

Community
  • Subdivision: East Escondido
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Escondido

Financial Details

  • Price per Sqft: $1,395,000
  • Tax Annual Amount: $17437.5
  • On Market Date: 2024-08-17T00:00:00.000Z
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.

Apply now

Savings Calculator

Current cash to close is $280,910 (20%)
You can enter any amount below - secondary financing will cover the difference if needed.
20%
$

You cover the entire equity of $280,910!

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

Loan Breakdown

Assumed Mortgage4.82% Sellers Rate
$1,114,090
Your Cash$280,910
Total Purchase Price:$1,395,000

Assumed vs Traditional Mortgage

Assumed @ 4.82%
$6,048/mo
Traditional @ 7.5%
$8,057/mo
You save $2,009/month ($24,110/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 240019528SD

Listing From:

Last updated: 2024-10-19T00:09:30.000Z

© , 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

4.82%
7.15%

Principal & Interest

$6,048 /mo
$7,767 /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 $280,910 (20%)
You can enter any amount below - secondary financing will cover the difference if needed.
20%
$

You cover the entire equity of $280,910!

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

Loan Breakdown

Assumed Mortgage4.82% Sellers Rate
$1,114,090
Your Cash$280,910
Total Purchase Price:$1,395,000

Assumed vs Traditional Mortgage

Assumed @ 4.82%
$6,048/mo
Traditional @ 7.5%
$8,057/mo
You save $2,009/month ($24,110/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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