Laura Jewett

Laura Jewett

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$665,000

($97,049 down)
VA

1225 Island Ave UNIT 517, San Diego, CA 92101

2
2
1,077 sqft
PITI Monthly
$3,371.62 /mo

Listing courtesy of: Tiffany Torgan Philips, Prestige Properties Enterprises Inc.

Assumed Rate

2.77%
7.15%

Principal & Interest

$2,512 /mo
$4,146 /mo

What's Special

SPACIOUS
WALK-IN CLOSET
MASTER SUITE
BALCONY
COZY
LOW HOA FEES

Unlock Downtown San Diego living with an unbeatable advantage...The option for an assumable loan with a 2.75% interest rate! That's right, a 2.75% interest rate! Buyer does not need to be VA. This isn't just a place to live; it's your personal launchpad into the heart of East Village and the dynamic Downtown scene. Imagine the roar of a Padres home run echoing through warm summer nights, the Gaslamp’s vibrant pulse just a stroll away, and the city's rhythmic thrum as your backing track. This 2-bedroom, 2-bath condo at Park Blvd East features a granite-counter kitchen with ample cabinets, durable and stylish LVP flooring throughout the main living areas, a cozy balcony perfect for morning coffee or evening relaxation, and a spacious master suite with a walk-in closet. Enjoy the perks of low HOA fees, freeing you to join places like Fit Athletic, just one block away, where a rooftop saltwater pool, rejuvenating saunas, steam rooms, and accessible group classes await – a perfect way to connect with your new neighbors. And the two assigned parking spots? Pure, unadulterated gold in the heart of downtown. Great in and out access with the Trolley on Park and Freeway entrances nearby. Book your private tour before it's gone!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.77
Remaining Loan Term
26 years, 8 months
Monthly PITI
$3,371.62/mo
Estimated Loan Balance
$570,346
Cash to close
$97,049
Interest Paid
$54,643

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: ForcedAir, NaturalGas
Features
  • Materials: Stone, Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Condominium
  • Architectural Style: Unknown
Materials
  • Stone, Stucco
  • Roof: Unknown
Condition
  • Year Built: 2005
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: PARK BLVD EAST
  • HOA Amenities: Unknown
  • HOA Fee: $547.79
  • HOA Frequency: $Monthly
Location
  • Region: San Diego

Financial Details

  • Price per Sqft: $617.46
  • Tax Annual Amount: $8312.5
  • On Market Date: 2025-03-21T00:00:00.000Z
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 $97,049 (15%)
You can enter any amount below - secondary financing will cover the difference if needed.
15%
$

You cover the entire equity of $97,049!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$567,951
Your Cash$97,049
Total Purchase Price:$665,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$2,512/mo
Traditional @ 7.5%
$4,300/mo
You save $1,788/month ($21,455/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 250022279SD

Listing From:

Last updated: 2025-03-28T17:23:27.000Z

© , 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

2.77%
7.15%

Principal & Interest

$2,512 /mo
$4,146 /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 $97,049 (15%)
You can enter any amount below - secondary financing will cover the difference if needed.
15%
$

You cover the entire equity of $97,049!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$567,951
Your Cash$97,049
Total Purchase Price:$665,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$2,512/mo
Traditional @ 7.5%
$4,300/mo
You save $1,788/month ($21,455/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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