Laura Jewett

Laura Jewett

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$379,998

($61,024 down)
VA

2251 Summerton Drive, San Jose, CA 95122

1
1
512 sqft
PITI Monthly
$2,211.17 /mo

Listing courtesy of: Shahla Khani, Coldwell Banker Realty

Assumed Rate

3.8%
7.15%

Principal & Interest

$1,665 /mo
$2,414 /mo

What's Special

GRANITE COUNTERTOPS
STAINLESS STEEL APPLIANCES
PATIO
CHARMING

Very charming first floor condo you can't find at this price in Silicon Valley! Come and check it out. Updated! tile and laminate floors, double pane window and sliding glass door, updated kitchen with granite countertops and stainless steel appliances, washer and dryer inside, Open floor plan with lots of natural light and kitchen/living opens to patio makes this condo great for entertaining, newer roof, amenities include swimming pool, hot tub tennis court,pond, beautiful gardens, gated

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.8
Remaining Loan Term
24 years, 5 months
Monthly PITI
$2,211.17/mo
Estimated Loan Balance
$320,279
Cash to close
$61,024
Interest Paid
$71,826

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 1
  • Bathrooms: 1
Cooling & Heating
  • Cooling: CentralAir
  • Heating: ForcedAir
Features
  • Materials: Other
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Tile, Wood

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: Yes
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: InGround

Construction

Type & Style
  • Stories: 1
  • Home type: Condominium
  • Architectural Style: Unknown
Materials
  • Other
  • Roof: Composition
Condition
  • Year Built: 1985
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Pool
HOA
  • Has HOA: Yes
  • HOA Name: Common Interest Management Services
  • HOA Amenities: Unknown
  • HOA Fee: $618
  • HOA Frequency: $Monthly
Location
  • Region: San Jose

Financial Details

  • Price per Sqft: $742.18
  • Tax Annual Amount: $4749.98
  • On Market Date: 2025-01-24T00:00:00.000Z
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 $61,024 (16%)
You can enter any amount below - secondary financing will cover the difference if needed.
16%
$

You cover the entire equity of $61,024!

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

Loan Breakdown

Assumed Mortgage3.8% Sellers Rate
$318,974
Your Cash$61,024
Total Purchase Price:$379,998

Assumed vs Traditional Mortgage

Assumed @ 3.8%
$1,665/mo
Traditional @ 7.5%
$2,504/mo
You save $839/month ($10,063/year)

*Secondary financing rates are an estimated value based on input

MLS ID: ML81991627

Listing From:

Last updated: 2025-03-12T00:37:04.000Z

© , 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

3.8%
7.15%

Principal & Interest

$1,665 /mo
$2,414 /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 $61,024 (16%)
You can enter any amount below - secondary financing will cover the difference if needed.
16%
$

You cover the entire equity of $61,024!

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

Loan Breakdown

Assumed Mortgage3.8% Sellers Rate
$318,974
Your Cash$61,024
Total Purchase Price:$379,998

Assumed vs Traditional Mortgage

Assumed @ 3.8%
$1,665/mo
Traditional @ 7.5%
$2,504/mo
You save $839/month ($10,063/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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