Laura Jewett

Laura Jewett

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Closed

$780,000

($293,792 down)
VA

1617 Palomarcos Avenue, San Marcos, CA 92069

4
2
1,388 sqft
PITI Monthly
$2,463.63 /mo

Listing courtesy of: Susannah Levicki, Capitis Real Estate

Assumed Rate

3.04%
7.15%

Principal & Interest

$2,247 /mo
$3,581 /mo

What's Special

LOCATION
SHOPPING
SPACIOUS
GRANITE COUNTERTOPS
PUBLIC TRANSPORTATION
SOLAR PANELS

This home offers a prime location in central San Marcos on a generous quarter-acre lot. It boasts granite countertops, leased solar panels, and drought-tolerant landscaping. The open kitchen features white cabinetry, and the dual pane windows provide ample natural light throughout. The master bedroom includes an en suite bath, large closets, and direct access to the spacious backyard, perfect for creating an outdoor oasis. Additional highlights include a 5 year old roof and beautiful views. With plenty of space and potential, this home is a great opportunity in a fantastic location. Minutes to Palomar College, the San Marcos Sprinter and public transportation, shopping, eating and freeway access!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.04
Remaining Loan Term
25 years, 7 months
Monthly PITI
$2,463.63/mo
Estimated Loan Balance
$488,231
Cash to close
$293,792
Interest Paid
$67,898

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: ForcedAir, Fireplaces
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Tile, Wood

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Composition
Condition
  • Year Built: 1961
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: StreetLights, Sidewalks, Urban
HOA
  • Has HOA: No
Location
  • Region: San Marcos

Financial Details

  • Price per Sqft: $561.96
  • Tax Annual Amount: $
  • On Market Date: 2024-08-17T00:00:00.000Z
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 $293,792 (38%)
You can enter any amount below - secondary financing will cover the difference if needed.
38%
$

You cover the entire equity of $293,792!

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

Loan Breakdown

Assumed Mortgage3.04% Sellers Rate
$486,208
Your Cash$293,792
Total Purchase Price:$780,000

Assumed vs Traditional Mortgage

Assumed @ 3.04%
$2,247/mo
Traditional @ 7.5%
$3,715/mo
You save $1,468/month ($17,614/year)

*Secondary financing rates are an estimated value based on input

MLS ID: ND24154584

Listing From:

Last updated: 2024-12-19T06:01:47.000Z

© , 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

3.04%
7.15%

Principal & Interest

$2,247 /mo
$3,581 /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 $293,792 (38%)
You can enter any amount below - secondary financing will cover the difference if needed.
38%
$

You cover the entire equity of $293,792!

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

Loan Breakdown

Assumed Mortgage3.04% Sellers Rate
$486,208
Your Cash$293,792
Total Purchase Price:$780,000

Assumed vs Traditional Mortgage

Assumed @ 3.04%
$2,247/mo
Traditional @ 7.5%
$3,715/mo
You save $1,468/month ($17,614/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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