Laura Jewett

Laura Jewett

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Pending

$624,900

($466,575 down)
FHA

1464 Summit Drive, Chula Vista, CA 91910

4
3
1,687 sqft
PITI Monthly
$1,965.48 /mo

Listing courtesy of: Joseph McDermott, McDermott Realty Group

Assumed Rate

3.38%
7.15%

Principal & Interest

$989 /mo
$1,511 /mo

What's Special

INVESTORS
SHOPPING
DINING
MODERN
CHARMING

This charming 4 bedroom, 2 1/2 bathroom condo offers both comfort and convenience. Ideally located in walking distance to Southwestern college and also situated between an elementary, middle and high school. Featuring a bonus room in the attic, this home provides ample space. The condo has had thoughtful upgrades, including modernized lighting throughout, new flooring upstairs, and new sinks in the bathrooms updating the aesthetics and functionality. A nearby shopping center adds to the convenience, with quick access to shops, dining and services as well as easy access to the freeway. This home is perfect for families, investors or anyone wanting an ideally located home in Chula Vista. This home also features a low tax rate and reasonable HOA dues. The Eucalyptus Ridge HOA features a sparkling pool and spa/hot tub. The Don’t miss out on this well located, move in ready home!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.38
Remaining Loan Term
17 years, 8 months
Monthly PITI
$1,965.48/mo
Estimated Loan Balance
$161,020
Cash to close
$466,575
Interest Paid
$80,551

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: None
  • Heating: ForcedAir
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Association

Construction

Type & Style
  • Stories: 3
  • Home type: Townhouse
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1983
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Chula Vista
  • Features: StormDrains, StreetLights, Suburban, Sidewalks
HOA
  • Has HOA: Yes
  • HOA Name: Eucalyptus Ridge
  • HOA Amenities: Unknown
  • HOA Fee: $325
  • HOA Frequency: $Monthly
Location
  • Region: Chula Vista

Financial Details

  • Price per Sqft: $370.42
  • Tax Annual Amount: $7811.25
  • On Market Date: 2025-03-07T00:00:00.000Z
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 $466,575 (75%)
You can enter any amount below - secondary financing will cover the difference if needed.
75%
$

You cover the entire equity of $466,575!

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

Loan Breakdown

Assumed Mortgage3.38% Sellers Rate
$158,325
Your Cash:$466,575
Total Purchase Price:$624,900

Assumed vs Traditional Mortgage

Assumed @ 3.38%
$989/mo
Traditional @ 7.5%
$1,567/mo
You save $578/month ($6,931/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SW25050681

Listing From:

Last updated: 2025-04-02T19:34:52.000Z

© , 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

3.38%
7.15%

Principal & Interest

$989 /mo
$1,511 /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 $466,575 (75%)
You can enter any amount below - secondary financing will cover the difference if needed.
75%
$

You cover the entire equity of $466,575!

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

Loan Breakdown

Assumed Mortgage3.38% Sellers Rate
$158,325
Your Cash:$466,575
Total Purchase Price:$624,900

Assumed vs Traditional Mortgage

Assumed @ 3.38%
$989/mo
Traditional @ 7.5%
$1,567/mo
You save $578/month ($6,931/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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