Laura Jewett

Laura Jewett

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Closed

$1,295,000

($129,141 down)
FHA

31524 Flying Cloud Drive, Laguna Niguel, CA 92677

2
2
1,234 sqft
PITI Monthly
$8,610.31 /mo

Listing courtesy of: Jeff Pittman, Your Home Sold Guaranteed Rlty

Assumed Rate

6.72%
7.15%

Principal & Interest

$7,565 /mo
$7,902 /mo

What's Special

REMODELED
LOCATION
SERENE
SHOPPING
DINING
MODERN
LUXURY
CUSTOM BUILT
STAINLESS STEEL APPLIANCES
VAULTED CEILINGS
MASTER SUITE
CLUBHOUSE

Nestled in the prestigious Pacific Island Village, this home presents an unparalleled living experience with breathtaking panoramic views that stretch from the coastline to Saddleback Mountain. This property offers single level living with 2 bedrooms and 1.5 bathrooms, designed for comfort and privacy within its approximately 1,234 square feet of thoughtfully designed space. Built in 1965, the home has undergone modern updates to ensure it meets contemporary standards of luxury living. The interior features an open floor plan with vaulted ceilings and large windows that bathe the space in natural light, enhancing the view-centric living experience. The kitchen has been remodeled to include stainless steel appliances and a center island, making it perfect for both daily use and entertaining. It opens up to the family room, creating a seamless flow for gatherings. The master suite serves as a serene retreat, offering coastline views directly from the bed, custom built-ins in the closet, and a fully remodeled bathroom with a walk-in glass shower. Additional features like vinyl flooring, central air conditioning, and forced air heating ensure year-round comfort. Externally, the property's location on the summit maximizes its hilltop position for unparalleled views. Residents enjoy access to a clubhouse across the street, complete with a pool, pool table, ping pong, and more, fostering a community spirit within the highly desirable Pacific Island Village. The location benefits are numerous, with close proximity to award-winning schools, shopping, dining, and just minutes from the beaches of Dana Point. This home isn't just a place to live; it's an investment in a lifestyle that combines luxury, convenience, and the natural beauty of Southern California.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.72
Remaining Loan Term
29 years, 1 months
Monthly PITI
$8,610.31/mo
Estimated Loan Balance
$1,169,950
Cash to close
$129,141
Interest Paid
$71,752

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: ForcedAir
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom, Gas
  • Flooring: Vinyl

Exterior

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

Construction

Type & Style
  • Stories: 1
  • Home type: Condominium
  • Architectural Style: Ranch
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1965
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Pacific Island Village 1 (PV1)
  • Features: Biking, Curbs, Hiking, Park, StreetLights, Sidewalks
HOA
  • Has HOA: Yes
  • HOA Name: Pacific Island Village 1
  • HOA Amenities: Unknown
  • HOA Fee: $620
  • HOA Frequency: $Monthly
Location
  • Region: Laguna Niguel

Financial Details

  • Price per Sqft: $1,049.43
  • Tax Annual Amount: $
  • On Market Date: 2024-09-19T00:00:00.000Z
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 $129,141 (10%)
You can enter any amount below - secondary financing will cover the difference if needed.
10%
$

You cover the entire equity of $129,141!

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

Loan Breakdown

Assumed Mortgage6.72% Sellers Rate
$1,165,859
Your Cash$129,141
Total Purchase Price:$1,295,000

Assumed vs Traditional Mortgage

Assumed @ 6.72%
$7,565/mo
Traditional @ 7.5%
$8,196/mo
You save $632/month ($7,578/year)

*Secondary financing rates are an estimated value based on input

MLS ID: OC24195238

Listing From:

Last updated: 2024-12-05T05:10:54.000Z

© , 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

6.72%
7.15%

Principal & Interest

$7,565 /mo
$7,902 /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 $129,141 (10%)
You can enter any amount below - secondary financing will cover the difference if needed.
10%
$

You cover the entire equity of $129,141!

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

Loan Breakdown

Assumed Mortgage6.72% Sellers Rate
$1,165,859
Your Cash$129,141
Total Purchase Price:$1,295,000

Assumed vs Traditional Mortgage

Assumed @ 6.72%
$7,565/mo
Traditional @ 7.5%
$8,196/mo
You save $632/month ($7,578/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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