Laura Jewett

Laura Jewett

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Closed

$1,150,000

($229,169 down)
VA

1542 Mellow Lane, Simi Valley, CA 93065

4
3
1,688 sqft
PITI Monthly
$4,555.34 /mo

Listing courtesy of: Lonney Gordon, Pinnacle Estate Properties, Inc.

Assumed Rate

3.51%
7.15%

Principal & Interest

$4,339 /mo
$6,518 /mo

What's Special

REMODELED

Discover the charm of 1542 Mellow Lane, a ranch-style home designed for both comfort and elegance in the heart of Bridle Path, a sought after equestrian community. Spanning 1,688 sq ft on a generous 20,215 sq ft lot, this home features a tastefully remodeled interior with an open layout, quartz countertops, and designer bathrooms. The property caters to horse enthusiasts with private stalls and community facilities, including extensive trails and arenas. A spa and vast outdoor space offer a tranquil retreat. Don't miss the chance to own a slice of paradise.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.51
Remaining Loan Term
27 years, 0 months
Monthly PITI
$4,555.34/mo
Estimated Loan Balance
$924,107
Cash to close
$229,169
Interest Paid
$98,726

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Unknown
  • Heating: Central, NaturalGas
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom, Gas
  • Flooring: Wood

Exterior

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

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Stucco
  • Roof: Tile
Condition
  • Year Built: 1979
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Bridle Path-103 - 103
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Bridle Path Association
  • HOA Amenities: Unknown
  • HOA Fee: $84
  • HOA Frequency: $Monthly
Location
  • Region: Simi Valley

Financial Details

  • Price per Sqft: $681.28
  • Tax Annual Amount: $
  • On Market Date: 2024-08-09T00:00:00.000Z
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 $229,169 (20%)
You can enter any amount below - secondary financing will cover the difference if needed.
20%
$

You cover the entire equity of $229,169!

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

Loan Breakdown

Assumed Mortgage3.51% Sellers Rate
$920,831
Your Cash$229,169
Total Purchase Price:$1,150,000

Assumed vs Traditional Mortgage

Assumed @ 3.51%
$4,339/mo
Traditional @ 7.5%
$6,761/mo
You save $2,422/month ($29,064/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 224003347

Listing From:

Last updated: 2024-12-06T20:15:08.000Z

© , 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

3.51%
7.15%

Principal & Interest

$4,339 /mo
$6,518 /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 $229,169 (20%)
You can enter any amount below - secondary financing will cover the difference if needed.
20%
$

You cover the entire equity of $229,169!

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

Loan Breakdown

Assumed Mortgage3.51% Sellers Rate
$920,831
Your Cash$229,169
Total Purchase Price:$1,150,000

Assumed vs Traditional Mortgage

Assumed @ 3.51%
$4,339/mo
Traditional @ 7.5%
$6,761/mo
You save $2,422/month ($29,064/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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