Laura Jewett

Laura Jewett

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Closed

$1,500,000

($969,103 down)
FHA

25801 Chapel Hill Drive, Lake Forest, CA 92630

5
4
2,199 sqft
PITI Monthly
$5,151.74 /mo

Listing courtesy of: Dean Hankins, Dean Hankins, Broker

Assumed Rate

3.68%
7.15%

Principal & Interest

$2,922 /mo
$4,299 /mo

What's Special

REMODELED
DINING
WALK-IN CLOSET
MASTER SUITE
PATIO
SOLAR PANELS

Great multigenerational home with an approximate 350 sq ft mother-in-law suite that could easily convert to an ADU. The suite has its own front yard, patio, private entrance, and a second door to the property’s backyard. The suite is big enough for a bedroom set plus a sitting area, and the large backyard presents an opportunity to expand this suite to the maximum allowed for an ADU. Other outstanding features of this approx. 2,200 sq ft house include: • Remodeled kitchen with a 6-burner Wolf range and Quartz countertops • Canned lighting with dimmer switch in the family room and kitchen • Sliding door access to the backyard oasis from the family room • Family room access to the large 2-car garage with workbench and washer/dryer hookups • Pitched ceiling in the combination living room/dining room • New flooring downstairs and new carpet on the stairs and in the upstairs hall and bedrooms • Remodeled upstairs full bathroom with a new linen closet in the upstairs hallway • Master suite with dual vanities, dressing area, walk-in closet, and ample space for a sitting area • Neutral powder grey paint throughout (except MIL suite) • 18-array solar panels to lower energy costs The large backyard includes a large pool, spa, ample patio space, a large grassy area, slopes and block walls on two sides, and newer privacy fencing between each neighboring yard. This desirable property, ideal for multiple generations, is a short walk to Cherry Park, Aliso Creek Walking and Biking Trail, and El Toro High School.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.68
Remaining Loan Term
21 years, 6 months
Monthly PITI
$5,151.74/mo
Estimated Loan Balance
$704,116
Cash to close
$969,103
Interest Paid
$182,056

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 4
Cooling & Heating
  • Cooling: CentralAir, WholeHouseFan, AtticFan
  • Heating: ForcedAir
Features
  • Materials: Stucco, CopperPlumbing
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom
  • Flooring: Carpet, Laminate, SeeRemarks

Exterior

Fencing
  • Fencing: Vinyl
Roof
  • Roof: Asphalt
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: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Modern
Materials
  • Stucco, CopperPlumbing
  • Roof: Asphalt
Condition
  • Year Built: 1977
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: StreetLights, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Lake Forest

Financial Details

  • Price per Sqft: $682.13
  • Tax Annual Amount: $18750
  • 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 $969,103 (65%)
You can enter any amount below - secondary financing will cover the difference if needed.
65%
$

You cover the entire equity of $969,103!

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

Loan Breakdown

Assumed Mortgage3.68% Sellers Rate
$530,897
Your Cash:$969,103
Total Purchase Price:$1,500,000

Assumed vs Traditional Mortgage

Assumed @ 3.68%
$2,922/mo
Traditional @ 7.5%
$4,459/mo
You save $1,537/month ($18,439/year)

*Secondary financing rates are an estimated value based on input

MLS ID: PW24123933

Listing From:

Last updated: 2024-11-08T19:13:18.000Z

© , 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

3.68%
7.15%

Principal & Interest

$2,922 /mo
$4,299 /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 $969,103 (65%)
You can enter any amount below - secondary financing will cover the difference if needed.
65%
$

You cover the entire equity of $969,103!

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

Loan Breakdown

Assumed Mortgage3.68% Sellers Rate
$530,897
Your Cash:$969,103
Total Purchase Price:$1,500,000

Assumed vs Traditional Mortgage

Assumed @ 3.68%
$2,922/mo
Traditional @ 7.5%
$4,459/mo
You save $1,537/month ($18,439/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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