Laura Jewett

Laura Jewett

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Closed

$699,000

($150,382 down)
VA

624 Erica Street, Escondido, CA 92027

3
2
1,038 sqft
PITI Monthly
$3,358.06 /mo

Listing courtesy of: Sarena Mezzacappa, Compass

Assumed Rate

2.88%
7.15%

Principal & Interest

$2,463 /mo
$4,007 /mo

What's Special

REMODELED
LOCATION
SHOPPING
DINING
SPACIOUS
MODERN
GRANITE COUNTERTOPS
STAINLESS STEEL APPLIANCES
PATIO
EFFICIENT
SOLAR PANELS

This meticulously maintained single-family home, ideally situated in the heart of Escondido, perfectly blends timeless charm with modern upgrades, creating an ideal space for comfortable living. Offering 3 spacious bedrooms and 2 beautifully remodeled bathrooms, this home provides ample room for both family and guests. The bathrooms showcase sleek, contemporary finishes, merging style and functionality seamlessly. Spanning approximately 1,038 square feet, the interior boasts an open and airy floor plan, with the living room bathed in natural light, creating a warm and inviting space for both relaxation and entertaining. The updated kitchen is a chef’s dream, featuring stainless steel appliances, including a gas range, microwave, dishwasher, and refrigerator. Elegant granite countertops add both durability and beauty, making cooking a true pleasure. The home’s combination of tile and wood flooring enhances its aesthetic appeal, while ensuring effortless maintenance. Enjoy year-round comfort with central heating and air conditioning, paired with energy-efficient dual-pane windows that help maintain ideal temperatures throughout the year. Set on a generous 6,098 square foot lot, the property offers expansive outdoor space, perfect for various activities. The large backyard is an entertainer’s paradise, ideal for family gatherings, barbecues, and outdoor recreation. A covered patio provides a shaded retreat for relaxation, while a storage shed in the backyard is perfect for gardening tools and outdoor equipment. The home includes a single-car attached garage with an integrated laundry area featuring a washer and dryer. The extended driveway offers additional parking for multiple vehicles. Eco-conscious buyers will appreciate the energy-saving solar panels, which help reduce electricity costs and promote sustainable living. Located in a well-established, friendly neighborhood, this home is within close proximity to schools, parks, shopping, dining, and major roadways, providing easy access to all Escondido has to offer. This home is a true gem, offering an exceptional blend of comfort, style, and practicality. With its modern amenities, energy-efficient features, and prime location, this move-in-ready residence offers a rare opportunity in today’s market. Don’t miss your chance to make this remarkable home yours!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.88
Remaining Loan Term
26 years, 4 months
Monthly PITI
$3,358.06/mo
Estimated Loan Balance
$549,762
Cash to close
$150,382
Interest Paid
$60,216

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Tile, Wood

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • 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: 1960
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Escondido

Financial Details

  • Price per Sqft: $673.41
  • Tax Annual Amount: $8737.5
  • On Market Date: 2025-01-22T00:00:00.000Z
Inquire about this property

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Apply to Assume

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Savings Calculator

Current cash to close is $150,382 (22%)
You can enter any amount below - secondary financing will cover the difference if needed.
22%
$

You cover the entire equity of $150,382!

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

Loan Breakdown

Assumed Mortgage2.88% Sellers Rate
$548,618
Your Cash$150,382
Total Purchase Price:$699,000

Assumed vs Traditional Mortgage

Assumed @ 2.88%
$2,463/mo
Traditional @ 7.5%
$4,157/mo
You save $1,694/month ($20,322/year)

*Secondary financing rates are an estimated value based on input

MLS ID: PTP2500543

Listing From:

Last updated: 2025-02-26T18:37:39.000Z

© , 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

2.88%
7.15%

Principal & Interest

$2,463 /mo
$4,007 /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 $150,382 (22%)
You can enter any amount below - secondary financing will cover the difference if needed.
22%
$

You cover the entire equity of $150,382!

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

Loan Breakdown

Assumed Mortgage2.88% Sellers Rate
$548,618
Your Cash$150,382
Total Purchase Price:$699,000

Assumed vs Traditional Mortgage

Assumed @ 2.88%
$2,463/mo
Traditional @ 7.5%
$4,157/mo
You save $1,694/month ($20,322/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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