Laura Jewett

Laura Jewett

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Closed

$525,000

($121,182 down)
FHA

15599 Oakvale Rd, Escondido, CA 92027

2
1
756 sqft
PITI Monthly
$3,113.72 /mo

Listing courtesy of: Talyssa D'avila, LPT Realty,Inc

Assumed Rate

6.82%
7.15%

Principal & Interest

$2,659 /mo
$2,749 /mo

What's Special

MODERN
VAULTED CEILINGS
DECK
WALKING TRAILS
MOUNTAIN VIEWS

Welcome to 15599 Oakvale Road, a 2 bed 1 bath retreat nestled in the hills of Escondido next to Lake Wohlford. This property offers beautiful lake and mountain views and has great potential. The home features vaulted ceilings, and a large bay window offering a perfect spot to watch the sunsets. The living space is flooded with natural light, and an open-concept layout. Enjoy sitting on the deck with views to the mountains and lake, design your own garden, enjoy the space to have animals/pets. There is even a pad made for a jacuzzi above the pergola area. Conveniently located with easy access to local wineries, hiking trails, and all the amenities of Escondido, this home combines the best of rural charm with modern convenience. Lake Wohlford, is a scenic freshwater reservoir popular for fishing, boating, and picnicking. Known for its calm, natural beauty, the lake is stocked with a variety of fish, including trout, catfish, and bass, making it a favorite for anglers. The surrounding area is filled with walking trails and picnic spots, offering visitors a peaceful retreat into nature. This home is made for nature enthusiasts. You can see deer, eagles, go for nature walks. There is a trail at the end of the street that takes you down to the lake, where you can fish or rent a boat.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.82
Remaining Loan Term
28 years, 11 months
Monthly PITI
$3,113.72/mo
Estimated Loan Balance
$202,269
Cash to close
$121,182
Interest Paid
$29,914

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: WallWindowUnits
  • Heating: Electric, PelletStove, WoodStove
Features
  • Materials: VinylSiding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Insert, WoodBurningStove
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • VinylSiding
  • Roof: Composition
Condition
  • Year Built: 1945
Details
  • Builder:

Community & HOA

Community
  • Subdivision: East Escondido
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Escondido

Financial Details

  • Price per Sqft: $694.44
  • Tax Annual Amount: $
  • On Market Date: 2024-11-09T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $121,182 (23%)
You can enter any amount below - secondary financing will cover the difference if needed.
23%
$

You cover the entire equity of $121,182!

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

Loan Breakdown

Assumed Mortgage6.82% Sellers Rate
$403,818
Your Cash$121,182
Total Purchase Price:$525,000

Assumed vs Traditional Mortgage

Assumed @ 6.82%
$2,659/mo
Traditional @ 7.5%
$2,851/mo
You save $193/month ($2,311/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 240026523SD

Listing From:

Last updated: 2025-01-14T05:54:06.000Z

© , 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

6.82%
7.15%

Principal & Interest

$2,659 /mo
$2,749 /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 $121,182 (23%)
You can enter any amount below - secondary financing will cover the difference if needed.
23%
$

You cover the entire equity of $121,182!

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

Loan Breakdown

Assumed Mortgage6.82% Sellers Rate
$403,818
Your Cash$121,182
Total Purchase Price:$525,000

Assumed vs Traditional Mortgage

Assumed @ 6.82%
$2,659/mo
Traditional @ 7.5%
$2,851/mo
You save $193/month ($2,311/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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