Laura Jewett

Laura Jewett

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Closed

$499,000

($241,725 down)
FHA

141 Timbre, Rancho Santa Margarita, CA 92688

1
1
612 sqft
PITI Monthly
$2,059.02 /mo

Listing courtesy of: Adan Canales, McMenamin Properties

Assumed Rate

3.06%
7.15%

Principal & Interest

$1,177 /mo
$1,871 /mo

What's Special

LOCATION
SPACIOUS
MODERN
STAINLESS STEEL APPLIANCES
FIREPLACE
CLUBHOUSE

Welcome to Los Portillos! This residence in Rancho Santa Margarita, CA, offers a thoughtful blend of low maintenance and comfort. The layout comprises of a bedroom, a bathroom, in-unit laundry and an open-concept living area. The heart of the home is a modern kitchen, featuring stainless steel appliances, blue cabinetry, and a functional U-shaped design. The living room boasts a sleek fireplace, adding warmth and character to the space. Recently installed light wood patterned LVP flooring throughout creates a sense of continuity and brightness. The bedroom includes an ensuite bathroom and sliding barn door for space-saving functionality. Large windows and neutral colors maximize the feeling of spaciousness, while strategic storage solutions, such as built-in closets, enhance the home's practicality. Parking is never an issue with the included garage, assigned carport, as well as plentiful street parking. This community benefits from everything SAMLARC has to offer, including Pools, Parks, Pickleball Volleyball and Basketball Courts, Picnic Shelters, Clubhouses, Trails, the Beach Club and Lago Santa Margarita Lake! This property doesn't compromise on amenities offering a harmonious balance between style and functionality in a highly desirable Southern Californian location.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.06
Remaining Loan Term
26 years, 4 months
Monthly PITI
$2,059.02/mo
Estimated Loan Balance
$260,373
Cash to close
$241,725
Interest Paid
$29,910

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 1
  • Bathrooms: 1
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central, Fireplaces
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Vinyl

Exterior

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

Construction

Type & Style
  • Stories: 1
  • Home type: Condominium
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1990
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Los Portillos (LSP)
  • Features: Hiking, Lake, Park, StreetLights, Suburban, Sidewalks, Pool
HOA
  • Has HOA: Yes
  • HOA Name: Los Portillos
  • HOA Amenities: Unknown
  • HOA Fee: $460
  • HOA Frequency: $Monthly
Location
  • Region: Rancho Santa Margarita

Financial Details

  • Price per Sqft: $815.36
  • Tax Annual Amount: $6237.5
  • On Market Date: 2024-12-02T00:00:00.000Z
Inquire about this property

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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 $241,725 (48%)
You can enter any amount below - secondary financing will cover the difference if needed.
48%
$

You cover the entire equity of $241,725!

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

Loan Breakdown

Assumed Mortgage3.06% Sellers Rate
$257,275
Your Cash$241,725
Total Purchase Price:$499,000

Assumed vs Traditional Mortgage

Assumed @ 3.06%
$1,177/mo
Traditional @ 7.5%
$1,941/mo
You save $764/month ($9,168/year)

*Secondary financing rates are an estimated value based on input

MLS ID: PW24242363

Listing From:

Last updated: 2025-01-14T02:22:41.000Z

© , 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

3.06%
7.15%

Principal & Interest

$1,177 /mo
$1,871 /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 $241,725 (48%)
You can enter any amount below - secondary financing will cover the difference if needed.
48%
$

You cover the entire equity of $241,725!

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

Loan Breakdown

Assumed Mortgage3.06% Sellers Rate
$257,275
Your Cash$241,725
Total Purchase Price:$499,000

Assumed vs Traditional Mortgage

Assumed @ 3.06%
$1,177/mo
Traditional @ 7.5%
$1,941/mo
You save $764/month ($9,168/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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