Laura Jewett

Laura Jewett

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$525,000

($222,414 down)
FHA

3501 Barranca Road, San Marcos, CA 92069

2
1
827 sqft
PITI Monthly
$2,578.6 /mo

Listing courtesy of: Ian Lopez, eXp Realty Of Southern California Inc

Assumed Rate

3.26%
7.15%

Principal & Interest

$1,629 /mo
$2,392 /mo

What's Special

CHARMING

Own a home for the same price as a condo! This is a rare opportunity to purchase an entry-level home in the heart of San Marcos at an unbeatable price. With an incredibly low HOA fee of just $95/year, this property offers outstanding value. Originally a charming 2-bedroom, 1-bath home, it now boasts a beautifully converted garage, adding an extra bedroom and valuable storage space--ideal for a growing family or anyone needing more room. Homes like this don't come around often--bring your best offer and make this gem your very own before it's gone!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.26
Remaining Loan Term
21 years, 6 months
Monthly PITI
$2,578.6/mo
Estimated Loan Balance
$330,958
Cash to close
$222,414
Interest Paid
$36,340

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Laminate

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1971
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Not Applicable-1
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name:
  • HOA Amenities: Unknown
  • HOA Fee: $95
  • HOA Frequency: $Annually
Location
  • Region: San Marcos

Financial Details

  • Price per Sqft: $634.82
  • Tax Annual Amount: $6562.5
  • On Market Date: 2025-03-06T00:00:00.000Z
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 $222,414 (42%)
You can enter any amount below - secondary financing will cover the difference if needed.
42%
$

You cover the entire equity of $222,414!

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

Loan Breakdown

Assumed Mortgage3.26% Sellers Rate
$302,586
Your Cash$222,414
Total Purchase Price:$525,000

Assumed vs Traditional Mortgage

Assumed @ 3.26%
$1,629/mo
Traditional @ 7.5%
$2,471/mo
You save $843/month ($10,113/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 219125953DA

Listing From:

Last updated: 2025-03-24T05:42:46.000Z

© , 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

3.26%
7.15%

Principal & Interest

$1,629 /mo
$2,392 /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 $222,414 (42%)
You can enter any amount below - secondary financing will cover the difference if needed.
42%
$

You cover the entire equity of $222,414!

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

Loan Breakdown

Assumed Mortgage3.26% Sellers Rate
$302,586
Your Cash$222,414
Total Purchase Price:$525,000

Assumed vs Traditional Mortgage

Assumed @ 3.26%
$1,629/mo
Traditional @ 7.5%
$2,471/mo
You save $843/month ($10,113/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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