Laura Jewett

Laura Jewett

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Closed

$680,000

($217,769 down)
VA

111 Bean Creek Road UNIT 51, Scotts Valley, CA 95066

2
2
1,198 sqft
PITI Monthly
$2,947.92 /mo

Listing courtesy of: Pete Flores, Silicon Valley Residential Brokerage Inc

Assumed Rate

2.68%
7.15%

Principal & Interest

$2,054 /mo
$3,430 /mo

What's Special

LOCATION
SHOPPING
DINING
SPACIOUS
MODERN
GRANITE COUNTERTOPS
FIREPLACE
PATIO
COZY

Welcome to your new home in the beautiful city of Scotts Valley! This beautifully updated ground-level end-unit offers a prime location within the complex. This inviting 2-bedroom, 2-bathroom home offers 1,198 SQ. FT. of comfortable living space. The well-appointed kitchen features modern flooring, water filter, elegant maple cabinets with granite countertops perfect for preparing your favorite meals. Enjoy open living room, dining area with cozy wood fireplace & a generous patio area perfect for gatherings & relaxation. The primary suite provides a peaceful escape with ample space and comfort, a spacious bathroom that includes double sinks with granite countertop & stall shower. Convenience of an inside laundry area complete with a washer and dryer. 1-car garage, open space parking, swimming pools & hot tubs. The property falls within the Scotts Valley Unified Elementary School District. This delightful home is sure to meet your needs & provide a warm & inviting environment in a fantastic community. Don't miss out on this opportunity to make it yours! Walking distance to shopping, dining, movies. Walk to dog & skate parks, playing fields, community events. Quick access to Hwy 17 for commuters, & minutes drive to downtown Santa Cruz & beaches.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.68
Remaining Loan Term
25 years, 11 months
Monthly PITI
$2,947.92/mo
Estimated Loan Balance
$464,268
Cash to close
$217,769
Interest Paid
$53,064

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: None
  • Heating: ForcedAir
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: WoodBurning
  • Flooring: Carpet, Laminate

Exterior

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

Construction

Type & Style
  • Stories: 1
  • Home type: Condominium
  • Architectural Style: Traditional
Materials
  • Unknown
  • Roof: Composition
Condition
  • Year Built: 1985
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Pool
HOA
  • Has HOA: Yes
  • HOA Name: Hidden Oaks Shoreline HOA
  • HOA Amenities: Unknown
  • HOA Fee: $798
  • HOA Frequency: $Monthly
Location
  • Region: Scotts Valley

Financial Details

  • Price per Sqft: $567.61
  • Tax Annual Amount: $8500
  • On Market Date: 2025-01-30T00:00:00.000Z
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 $217,769 (32%)
You can enter any amount below - secondary financing will cover the difference if needed.
32%
$

You cover the entire equity of $217,769!

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

Loan Breakdown

Assumed Mortgage2.68% Sellers Rate
$462,231
Your Cash$217,769
Total Purchase Price:$680,000

Assumed vs Traditional Mortgage

Assumed @ 2.68%
$2,054/mo
Traditional @ 7.5%
$3,557/mo
You save $1,503/month ($18,039/year)

*Secondary financing rates are an estimated value based on input

MLS ID: ML81992311

Listing From:

Last updated: 2025-03-24T15:37:32.000Z

© , 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

2.68%
7.15%

Principal & Interest

$2,054 /mo
$3,430 /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 $217,769 (32%)
You can enter any amount below - secondary financing will cover the difference if needed.
32%
$

You cover the entire equity of $217,769!

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

Loan Breakdown

Assumed Mortgage2.68% Sellers Rate
$462,231
Your Cash$217,769
Total Purchase Price:$680,000

Assumed vs Traditional Mortgage

Assumed @ 2.68%
$2,054/mo
Traditional @ 7.5%
$3,557/mo
You save $1,503/month ($18,039/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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