Laura Jewett

Laura Jewett

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Closed

$949,950

($432,744 down)
VA

3860 38Th St, San Diego, CA 92105

N/A
N/A
sqft
PITI Monthly
$3,538.81 /mo

Listing courtesy of: Michael Tanous, Sunny Coast Realty

Assumed Rate

2.77%
7.15%

Principal & Interest

$2,333 /mo
$3,849 /mo

What's Special

INVESTORS
LOCATION
FRESH PAINT
SPACIOUS
MOVE-IN READY
MODERN
CHARMING

This charming duplex presents a fantastic opportunity for both investors and owner-occupants. Recently updated with new flooring throughout, fresh paint, and modernized bathrooms, the property is move-in ready for tenants or an owner-user. The spacious rear yard, with alley access and ample potential, is complemented by off-street parking for both units and secure fencing for added privacy. A welcoming front porch enhances the home's curb appeal, while its prime location near North Park and City Heights community centers offers convenience and accessibility. Additionally, the current owner has already laid the foundation and drawn plans for an additional ADU, providing the potential to expand the property into a three-unit investment. Don't miss out on this exceptional opportunity!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.77
Remaining Loan Term
25 years, 10 months
Monthly PITI
$3,538.81/mo
Estimated Loan Balance
$519,476
Cash to close
$432,744
Interest Paid
$62,792

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms:
  • Bathrooms: 0
Cooling & Heating
  • Cooling: WallWindowUnits
  • Heating: Unknown
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

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

Construction

Type & Style
  • Stories: 2
  • Home type:
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Composition
Condition
  • Year Built: 1928
Details
  • Builder:

Community & HOA

Community
  • Subdivision: City Heights
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: San Diego

Financial Details

  • Price per Sqft: $949,950
  • Tax Annual Amount: $11874.4
  • On Market Date: 2025-02-09T00:00:00.000Z
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 $432,744 (46%)
You can enter any amount below - secondary financing will cover the difference if needed.
46%
$

You cover the entire equity of $432,744!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$517,206
Your Cash$432,744
Total Purchase Price:$949,950

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$2,333/mo
Traditional @ 7.5%
$3,993/mo
You save $1,660/month ($19,921/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 250018593SD

Listing From:

Last updated: 2025-02-10T23:32:44.000Z

© , 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

2.77%
7.15%

Principal & Interest

$2,333 /mo
$3,849 /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 $432,744 (46%)
You can enter any amount below - secondary financing will cover the difference if needed.
46%
$

You cover the entire equity of $432,744!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$517,206
Your Cash$432,744
Total Purchase Price:$949,950

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$2,333/mo
Traditional @ 7.5%
$3,993/mo
You save $1,660/month ($19,921/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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