Laura Jewett

Laura Jewett

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Closed

$849,000

($106,796 down)
VA

5050 Williams Avenue, La Mesa, CA 91942

3
4
1,350 sqft
PITI Monthly
$5,146.14 /mo

Listing courtesy of: Enrique Anguiano, ShoppingSDHouses

Assumed Rate

6.88%
7.15%

Principal & Interest

$4,929 /mo
$5,066 /mo

What's Special

INVESTORS
SHOPPING
DINING
SPACIOUS
LUXURY
STAINLESS STEEL APPLIANCES
MASTER SUITE
NO HOA
INVESTMENT OPPORTUNITY

Welcome to this beautifully updated home in the heart of La Mesa, offering the perfect blend of comfort and versatility. With THREE spacious master bedrooms and an additional half bath, this property is ideal for growing families, multi-generational living, or savvy investors seeking an income-generating opportunity. The front master suite offers private access through double doors. This home features brand new luxury vinyl plank flooring all throughout, stainless steel appliances, and a brand new air filtration system for the HVAC system. The large backyard provides a blank canvas for gardening, outdoor entertaining, or even future expansion. Elevated on a large 7,141 sqft and R3 zoned lot, it provides opportunities for additional units. This property has no HOA and no Mello-Roos taxes. Whether you're looking for a spacious home to accommodate your family or seeking the perfect investment opportunity, this La Mesa gem has it all. You will appreciate the proximity to parks, shopping, dining, and top-rated schools, with easy access to major freeways. VA ASSUMABLE LOAN.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
6.88
Remaining Loan Term
28 years, 10 months
Monthly PITI
$5,146.14/mo
Estimated Loan Balance
$744,203
Cash to close
$106,796
Interest Paid
$59,864

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 4
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Unknown
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • 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: 1953
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Curbs
HOA
  • Has HOA: No
Location
  • Region: La Mesa

Financial Details

  • Price per Sqft: $628.89
  • Tax Annual Amount: $
  • On Market Date: 2025-01-10T00:00:00.000Z
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 $106,796 (13%)
You can enter any amount below - secondary financing will cover the difference if needed.
13%
$

You cover the entire equity of $106,796!

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

Loan Breakdown

Assumed Mortgage6.88% Sellers Rate
$742,204
Your Cash$106,796
Total Purchase Price:$849,000

Assumed vs Traditional Mortgage

Assumed @ 6.88%
$4,929/mo
Traditional @ 7.5%
$5,254/mo
You save $325/month ($3,899/year)

*Secondary financing rates are an estimated value based on input

MLS ID: PTP2500279

Listing From:

Last updated: 2025-01-15T23:16:20.000Z

© , 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

6.88%
7.15%

Principal & Interest

$4,929 /mo
$5,066 /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 $106,796 (13%)
You can enter any amount below - secondary financing will cover the difference if needed.
13%
$

You cover the entire equity of $106,796!

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

Loan Breakdown

Assumed Mortgage6.88% Sellers Rate
$742,204
Your Cash$106,796
Total Purchase Price:$849,000

Assumed vs Traditional Mortgage

Assumed @ 6.88%
$4,929/mo
Traditional @ 7.5%
$5,254/mo
You save $325/month ($3,899/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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