Laura Jewett

Laura Jewett

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Closed

$715,000

($428,541 down)
VA

357 Penelope Lane, Santa Maria, CA 93455

4
2
1,362 sqft
PITI Monthly
$2,644.1 /mo

Listing courtesy of: Tracy Rogers, Keller Williams Realty Central Coast

Assumed Rate

3.77%
7.15%

Principal & Interest

$1,683 /mo
$2,448 /mo

What's Special

LOCATION
SERENE
MODERN
GRANITE COUNTERTOPS
STAINLESS STEEL APPLIANCES
VAULTED CEILINGS
MASTER SUITE
MOUNTAIN VIEWS
CUL-DE-SAC
SHORT COMMUTE

Discover modern comfort and small-town charm in this 4-bedroom, 2-bathroom home, built in 2008, located in Old Orcutt at the end of a cul-de-sac. Enjoy high vaulted ceilings, an open floor plan, and a kitchen with granite countertops and stainless steel appliances. The master suite features dual sinks and a sliding door to the backyard with amazing views. Step outside to a serene backyard with fruit trees (pear, cherry, Fuji apple) and stunning mountain views. This move-in-ready home is close to schools, shops, restaurants, parks, with easy access to Highways 1, 135, and 101 and a short commute to Vandenberg Space Force Base. With low HOA dues and a fantastic location near beaches, hiking trails, and Old Town Orcutt's vibrant amenities, this home offers it all. Call your realtor today for a private showing!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.77
Remaining Loan Term
20 years, 1 months
Monthly PITI
$2,644.1/mo
Estimated Loan Balance
$288,793
Cash to close
$428,541
Interest Paid
$121,892

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: None
  • Heating: Unknown
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Unknown

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: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 2008
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Orcutt West(880)
  • Features: Biking, Curbs, DogPark, Foothills, Hiking, StormDrains, StreetLights, Sidewalks, Park
HOA
  • Has HOA: Yes
  • HOA Name: Stonegate Ranch
  • HOA Amenities: Unknown
  • HOA Fee: $49
  • HOA Frequency: $Monthly
Location
  • Region: Santa Maria

Financial Details

  • Price per Sqft: $524.96
  • Tax Annual Amount: $8937.5
  • On Market Date: 2025-01-17T00:00:00.000Z
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 $428,541 (60%)
You can enter any amount below - secondary financing will cover the difference if needed.
60%
$

You cover the entire equity of $428,541!

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

Loan Breakdown

Assumed Mortgage3.77% Sellers Rate
$286,459
Your Cash:$428,541
Total Purchase Price:$715,000

Assumed vs Traditional Mortgage

Assumed @ 3.77%
$1,683/mo
Traditional @ 7.5%
$2,539/mo
You save $857/month ($10,279/year)

*Secondary financing rates are an estimated value based on input

MLS ID: PI25012845

Listing From:

Last updated: 2025-02-28T23:24:42.000Z

© , 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

3.77%
7.15%

Principal & Interest

$1,683 /mo
$2,448 /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 $428,541 (60%)
You can enter any amount below - secondary financing will cover the difference if needed.
60%
$

You cover the entire equity of $428,541!

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

Loan Breakdown

Assumed Mortgage3.77% Sellers Rate
$286,459
Your Cash:$428,541
Total Purchase Price:$715,000

Assumed vs Traditional Mortgage

Assumed @ 3.77%
$1,683/mo
Traditional @ 7.5%
$2,539/mo
You save $857/month ($10,279/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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