Laura Jewett

Laura Jewett

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$299,000

($77,087 down)
FHA

14450 Cupertino Road, Santa Margarita, CA 93453

3
3
1,560 sqft
PITI Monthly
$1,661.36 /mo

Listing courtesy of: Jay DeCou, RE/MAX Success

Assumed Rate

3.07%
7.15%

Principal & Interest

$1,002 /mo
$1,592 /mo

What's Special

This well maintained 1560 sq. ft. modular home has 3 bedrooms and 2.5 baths. It sits on 2.5 acres with a variety of very well established landscaping that give a secluded, private setting. Close to the foothills in a known good water area with fantastic vistas. It includes a small fruit orchard that includes apples . pears & figs. Lots of room for animals like sheep, goats , horses ,chickens. Fully fenced and cross fenced. The property also includes a large detached shop. There is an FHA loan that is assumable to qualified buyers at 3.375%

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Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.07
Remaining Loan Term
26 years, 9 months
Monthly PITI
$1,661.36/mo
Estimated Loan Balance
$249,757
Cash to close
$77,087
Interest Paid
$22,730

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: EvaporativeCooling
  • Heating: ForcedAir, WoodStove
Features
  • Materials: VerticalSiding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom
  • Flooring: Vinyl

Exterior

Fencing
  • Fencing: BarbedWire
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Carport: Yes
  • Carport Spaces:
Water
  • Sewer: SepticTypeUnknown
  • Water Source: Well
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Ranch
Materials
  • VerticalSiding
  • Roof: Composition
Condition
  • Year Built: 1990
Details
  • Builder: Champion Home Builders Co.

Community & HOA

Community
  • Subdivision: Carrizo Plains/California Valley(62)
  • Features: Foothills, NearNationalForest, Valley
HOA
  • Has HOA: Yes
  • HOA Name: Cal Valley CSD
  • HOA Amenities: Unknown
  • HOA Fee: $180
  • HOA Frequency: $Annually
Location
  • Region: Santa Margarita

Financial Details

  • Price per Sqft: $191.67
  • Tax Annual Amount: $3737.5
  • On Market Date: 2024-05-22T00:00:00.000Z
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 $77,087 (26%)
You can enter any amount below - secondary financing will cover the difference if needed.
26%
$

You cover the entire equity of $77,087!

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

Loan Breakdown

Assumed Mortgage3.07% Sellers Rate
$221,913
Your Cash$77,087
Total Purchase Price:$299,000

Assumed vs Traditional Mortgage

Assumed @ 3.07%
$1,002/mo
Traditional @ 7.5%
$1,651/mo
You save $649/month ($7,782/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NS24103634

Listing From:

Last updated: 2025-03-30T21:45:14.000Z

© , 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

3.07%
7.15%

Principal & Interest

$1,002 /mo
$1,592 /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 $77,087 (26%)
You can enter any amount below - secondary financing will cover the difference if needed.
26%
$

You cover the entire equity of $77,087!

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

Loan Breakdown

Assumed Mortgage3.07% Sellers Rate
$221,913
Your Cash$77,087
Total Purchase Price:$299,000

Assumed vs Traditional Mortgage

Assumed @ 3.07%
$1,002/mo
Traditional @ 7.5%
$1,651/mo
You save $649/month ($7,782/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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