Laura Jewett

Laura Jewett

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Pending

$710,000

($737,296 down)
VA

503 Prescott Avenue, El Cajon, CA 92020

3
2
1,410 sqft
PITI Monthly
$1,847.01 /mo

Listing courtesy of: Vanda Fernandes, Palisade Realty, Inc

Assumed Rate

7.92%
7.15%

Principal & Interest

$891 /mo
$826 /mo

What's Special

SHOPPING
ENTERTAINMENT
DINING
SPACIOUS
MOVE-IN READY
WALK-IN CLOSET
RENTAL INCOME

Welcome to 503 Prescott Avenue, a home that offers spacious living and endless possibilities! Move-in ready with the opportunity to add your personal touch over time, this home features a bright and airy interior with large windows that fill the space with natural light. The large primary suite includes a walk-in closet, while the open living and dining areas create a warm and inviting atmosphere. Step outside to the huge backyard —a perfect space for entertaining, gardening, or even adding an ADU for rental income or multigenerational living. Conveniently located near downtown El Cajon, you’ll enjoy easy access to shopping, dining, and entertainment. Don’t miss out on this fantastic opportunity— schedule your showing today! Some photos are virtually staged.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
7.92
Remaining Loan Term
Loan term completed
Monthly PITI
$1,847.01/mo
Estimated Loan Balance
$6,046
Cash to close
$737,296
Interest Paid
$198,346

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • 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: 1
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Unknown
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: 1952
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Curbs, StreetLights, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: El Cajon

Financial Details

  • Price per Sqft: $503.55
  • Tax Annual Amount: $8875
  • On Market Date: 2025-03-13T00:00:00.000Z
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 $737,296 (104%)
You can enter any amount below - secondary financing will cover the difference if needed.
104%
$

You cover the entire equity of $737,296!

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

Loan Breakdown

Assumed Mortgage7.92% Sellers Rate
-$27,296
Your Cash:$737,296
Total Purchase Price:$710,000

Assumed vs Traditional Mortgage

Assumed @ 7.92%
$891/mo
Traditional @ 7.5%
$857/mo
You save $-34/month ($-405/year)

*Secondary financing rates are an estimated value based on input

MLS ID: PTP2501832

Listing From:

Last updated: 2025-03-20T15:26:12.000Z

© , 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

7.92%
7.15%

Principal & Interest

$891 /mo
$826 /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 $737,296 (104%)
You can enter any amount below - secondary financing will cover the difference if needed.
104%
$

You cover the entire equity of $737,296!

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

Loan Breakdown

Assumed Mortgage7.92% Sellers Rate
-$27,296
Your Cash:$737,296
Total Purchase Price:$710,000

Assumed vs Traditional Mortgage

Assumed @ 7.92%
$891/mo
Traditional @ 7.5%
$857/mo
You save $-34/month ($-405/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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