Laura Jewett

Laura Jewett

Property SearchContact
primary-1
primary-2primary-3
Pending

$949,999

($328,139 down)
FHA

1513 Branch Avenue, Simi Valley, CA 93065

5
2
2,027 sqft
PITI Monthly
$3,523.63 /mo

Listing courtesy of: Karly Williams, Pinnacle Estate Properties

Assumed Rate

3%
7.15%

Principal & Interest

$2,831 /mo
$4,536 /mo

What's Special

REMODELED
SHOPPING
DINING
SPACIOUS
STAINLESS STEEL APPLIANCES
HOME OFFICE
PATIO
MOUNTAIN VIEWS
SOLAR PANELS

ASSUMABLE LOAN at 3% may be an opportunity for a buyer to lock in a great rate! Welcome to your dream home, located on a rare corner lot in the sought-after Madera Hills neighborhood of Simi Valley! This 5 bedroom, 2 bathroom single-story home offers a spacious 2,027 square feet of living space on an expansive 15,300 square foot lot. The highlight of this home is the outdoor space it offers. The home itself is designed with beautiful natural light that floods the space, especially through the double sliding glass doors that open up to the backyard. Step into the remodeled kitchen, complete with a kitchen island (w/ storage) and LG stainless steel appliances, making it the perfect space for cooking and entertaining. Primary bedroom has a private ensuite bathroom, offering comfort and convenience! The attached garage with direct access to the kitchen adds an extra layer of convenience for unloading groceries or storage. Enjoy California living with a low-maintenance front yard, and step into your backyard oasis featuring a pool, spa, and a covered patio—perfect for entertaining or relaxing. The front yard has ample space for potential boat, trailer, or work truck parking, along with additional front driveway parking. This property is also equipped with solar panels, ensuring energy efficiency. The permitted detached workshop with its own subpanel and wired for 220v is a versatile space, ideal for hobbies, storage, or even a home office. With dual pane windows and mountain views, this home offers comfort, beauty, and serenity. Plus, you'll love the proximity to Sinaloa Lake, parks, hiking trails, schools, shopping, and dining. Don't miss the opportunity to own this rare find—a corner lot home with endless amenities in a highly desirable neighborhood!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3
Remaining Loan Term
26 years, 2 months
Monthly PITI
$3,523.63/mo
Estimated Loan Balance
$787,404
Cash to close
$328,139
Interest Paid
$74,134

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Carpet, Laminate, Tile

Exterior

Fencing
  • Fencing: Block, WroughtIron
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: Yes
  • Pool Features: InGround, Private

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Traditional
Materials
  • Stucco
  • Roof: Composition
Condition
  • Year Built: 1964
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Madera Hills (137)
  • Features: Curbs, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Simi Valley

Financial Details

  • Price per Sqft: $468.67
  • Tax Annual Amount: $11875
  • On Market Date: 2024-10-08T00:00:00.000Z
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 $328,139 (35%)
You can enter any amount below - secondary financing will cover the difference if needed.
35%
$

You cover the entire equity of $328,139!

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

Loan Breakdown

Assumed Mortgage3% Sellers Rate
$621,860
Your Cash$328,139
Total Purchase Price:$949,999

Assumed vs Traditional Mortgage

Assumed @ 3%
$2,831/mo
Traditional @ 7.5%
$4,705/mo
You save $1,873/month ($22,482/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SR24203435

Listing From:

Last updated: 2025-03-31T19:45:31.000Z

© , 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%
7.15%

Principal & Interest

$2,831 /mo
$4,536 /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 $328,139 (35%)
You can enter any amount below - secondary financing will cover the difference if needed.
35%
$

You cover the entire equity of $328,139!

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

Loan Breakdown

Assumed Mortgage3% Sellers Rate
$621,860
Your Cash$328,139
Total Purchase Price:$949,999

Assumed vs Traditional Mortgage

Assumed @ 3%
$2,831/mo
Traditional @ 7.5%
$4,705/mo
You save $1,873/month ($22,482/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

Powered By UMe.

© 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.

equal-housing

© is committed to and abides by the Fair Housing Act of Equal Opportunity.