Laura Jewett

Laura Jewett

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Closed

$599,990

($212,381 down)
VA

8022 University Ave, La Mesa, CA 91942

2
1
720 sqft
PITI Monthly
$2,589.22 /mo

Listing courtesy of: Curtis Chism, eXp Realty of Southern Calif.

Assumed Rate

3.02%
7.15%

Principal & Interest

$1,799 /mo
$2,874 /mo

What's Special

LOCATION
SHOPPING
ENTERTAINMENT
DINING
MODERN
FENCED YARD
CHARMING
COZY

Welcome to your cozy oasis just one block from vibrant downtown La Mesa! This delightful 2-bedroom, 1-bathroom cottage, complete with a bonus room, is ideally situated in the vibrant heart of downtown La Mesa. This home makes for a fantastic starter home, short/mid term rental, or pad split opportunity. Enjoy the ultimate convenience of local shopping, dining, and entertainment—all just a leisurely stroll away! Step inside to discover a beautifully updated kitchen and bathroom, featuring modern finishes that blend style and functionality. The inviting hardwood flooring runs throughout the home, while dual-paned windows provide natural light and energy efficiency. The kitchen is equipped a gas range and refrigerator, and a stackable laundry setup adds to the ease of living. Outside, you'll find a fully fenced yard, perfect for relaxation or play. A large outdoor shed offers generous storage solutions, making it ideal for all your gardening tools or outdoor gear. New water heater and newer roof. Don’t miss the opportunity to own this charming gem in a prime location!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.02
Remaining Loan Term
25 years, 6 months
Monthly PITI
$2,589.22/mo
Estimated Loan Balance
$390,881
Cash to close
$212,381
Interest Paid
$55,088

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: None
  • Heating: Unknown
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Laminate, Tile, Wood

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: 1970
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Curbs, StreetLights, Suburban, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: La Mesa

Financial Details

  • Price per Sqft: $833.32
  • Tax Annual Amount: $7499.88
  • On Market Date: 2024-10-09T00:00:00.000Z
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 $212,381 (35%)
You can enter any amount below - secondary financing will cover the difference if needed.
35%
$

You cover the entire equity of $212,381!

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

Loan Breakdown

Assumed Mortgage3.02% Sellers Rate
$387,609
Your Cash$212,381
Total Purchase Price:$599,990

Assumed vs Traditional Mortgage

Assumed @ 3.02%
$1,799/mo
Traditional @ 7.5%
$2,981/mo
You save $1,182/month ($14,190/year)

*Secondary financing rates are an estimated value based on input

MLS ID: PTP2406218

Listing From:

Last updated: 2025-01-17T19:32:08.000Z

© , 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

3.02%
7.15%

Principal & Interest

$1,799 /mo
$2,874 /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 $212,381 (35%)
You can enter any amount below - secondary financing will cover the difference if needed.
35%
$

You cover the entire equity of $212,381!

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

Loan Breakdown

Assumed Mortgage3.02% Sellers Rate
$387,609
Your Cash$212,381
Total Purchase Price:$599,990

Assumed vs Traditional Mortgage

Assumed @ 3.02%
$1,799/mo
Traditional @ 7.5%
$2,981/mo
You save $1,182/month ($14,190/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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