Laura Jewett

Laura Jewett

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Closed

$699,000

($307,166 down)
FHA

682 Double Eagle Drive, Simi Valley, CA 93065

2
2
1,228 sqft
PITI Monthly
$2,279.45 /mo

Listing courtesy of: Margaret Dutton, Compass

Assumed Rate

2.98%
7.15%

Principal & Interest

$1,765 /mo
$2,835 /mo

What's Special

SHOPPING
DINING
SPACIOUS
RENOVATED
FIREPLACE
VAULTED CEILINGS
DOUBLE VANITY
SOAKING TUB
COMMUNITY POOL

Absolutely darling single story located behind the gates at the Fairways in picturesque Wood Ranch. Spacious 2+2 condo with bedrooms located at opposite ends of the home for optimal privacy. Flooded with natural light, the large living room is accented with vaulted ceilings, fireplace and dining area. Enjoy cooking in the eat-in kitchen with lots of storage and a large picture window overlooking the atrium. The primary suite is accented with vaulted ceilings. The ensuite bath is complete double vanity sink, soaking tub/shower and large closet. The secondary bedroom has a large wardrobe closet and is adjacent to the guest bath with contemporary sink vanity. Check the virtually renovated/staged photos for inspiration! You'll enjoy gardening in the sizable drought tolerant backyard with meandering pathway and accented with roses. Newer sliders throughout, wood-like flooring, two car direct access garage with overhead storage, community pool. Home is well situated near shopping, the Ronald Reagan Presidential Library and so much more! This is a must-see home!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.98
Remaining Loan Term
26 years, 4 months
Monthly PITI
$2,279.45/mo
Estimated Loan Balance
$393,413
Cash to close
$307,166
Interest Paid
$44,113

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Unknown
  • Heating: Unknown
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: GasStarter, LivingRoom
  • Flooring: Wood

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: Community, InGround

Construction

Type & Style
  • Stories: 1
  • Home type: Condominium
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1987
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Fairway Patio Homes-297 - 297
  • Features: Gated, Pool
HOA
  • Has HOA: Yes
  • HOA Name: Fairways
  • HOA Amenities: Unknown
  • HOA Fee: $472
  • HOA Frequency: $Monthly
Location
  • Region: Simi Valley

Financial Details

  • Price per Sqft: $569.22
  • Tax Annual Amount: $
  • On Market Date: 2024-05-31T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $307,166 (44%)
You can enter any amount below - secondary financing will cover the difference if needed.
44%
$

You cover the entire equity of $307,166!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$391,834
Your Cash$307,166
Total Purchase Price:$699,000

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$1,765/mo
Traditional @ 7.5%
$2,941/mo
You save $1,176/month ($14,109/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 224002130

Listing From:

Last updated: 2025-01-14T01:09:08.000Z

© , 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

2.98%
7.15%

Principal & Interest

$1,765 /mo
$2,835 /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 $307,166 (44%)
You can enter any amount below - secondary financing will cover the difference if needed.
44%
$

You cover the entire equity of $307,166!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$391,834
Your Cash$307,166
Total Purchase Price:$699,000

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$1,765/mo
Traditional @ 7.5%
$2,941/mo
You save $1,176/month ($14,109/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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