Laura Jewett

Laura Jewett

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Closed

$750,000

($762,641 down)
VA

7985 Rainey Street, La Mesa, CA 91942

3
2
1,187 sqft
PITI Monthly
$1,447.21 /mo

Listing courtesy of: Jeff DeChamplain, Compass

Assumed Rate

7.16%
7.15%

Principal & Interest

$1,231 /mo
$1,229 /mo

What's Special

SPACIOUS
VAULTED CEILINGS
COZY

Excellent Opportunity In Lake Murray! This single-level gem offers breathtaking views and maximum privacy with no rear neighbors. Inside, enjoy vaulted ceilings that enhance the spacious feel and a cozy cast iron stove in the living room for those cool evenings. Recently re-stuccoed, the home features a backyard retreat with a sparkling pool and a built-in BBQ with natural gas—ideal for outdoor entertaining, relaxation and enjoying the view. Located just minutes from parks, schools, coffee shops, restaurants, freeway access, and gyms, this property combines comfort and convenience perfectly. With Murray Manor Elementary, Lake Murray Recreation Area, and Mission Trails close by, this property offers a perfect blend of comfort and convenience. Don't miss this opportunity to make this delightful house your new home!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
7.16
Remaining Loan Term
Loan term completed
Monthly PITI
$1,447.21/mo
Estimated Loan Balance
$43,941
Cash to close
$762,641
Interest Paid
$260,982

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: WallWindowUnits
  • Heating: WallFurnace
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FreeStanding, LivingRoom
  • Flooring: Carpet, Laminate, Wood

Exterior

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

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: Curbs, StreetLights, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: La Mesa

Financial Details

  • Price per Sqft: $631.84
  • Tax Annual Amount: $9375
  • On Market Date: 2024-10-30T00:00:00.000Z
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 $762,641 (102%)
You can enter any amount below - secondary financing will cover the difference if needed.
102%
$

You cover the entire equity of $762,641!

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

Loan Breakdown

Assumed Mortgage7.16% Sellers Rate
-$12,641
Your Cash:$762,641
Total Purchase Price:$750,000

Assumed vs Traditional Mortgage

Assumed @ 7.16%
$1,231/mo
Traditional @ 7.5%
$1,275/mo
You save $45/month ($535/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NDP2409617

Listing From:

Last updated: 2025-01-21T00:03:16.000Z

© , 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

7.16%
7.15%

Principal & Interest

$1,231 /mo
$1,229 /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 $762,641 (102%)
You can enter any amount below - secondary financing will cover the difference if needed.
102%
$

You cover the entire equity of $762,641!

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

Loan Breakdown

Assumed Mortgage7.16% Sellers Rate
-$12,641
Your Cash:$762,641
Total Purchase Price:$750,000

Assumed vs Traditional Mortgage

Assumed @ 7.16%
$1,231/mo
Traditional @ 7.5%
$1,275/mo
You save $45/month ($535/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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