Laura Jewett

Laura Jewett

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Closed

$570,000

($364,793 down)
FHA

8125 Highway 166, Santa Maria, CA 93454

3
2
1,612 sqft
PITI Monthly
$2,184.56 /mo

Listing courtesy of: Kyra Dykes, eXp Realty of California, Inc.

Assumed Rate

5.88%
7.15%

Principal & Interest

$1,802 /mo
$2,057 /mo

What's Special

SPACIOUS

Back on market! Dreaming of country living but not ready to leave civilization completely? Here are thirty-three acres in Santa Barbara county at a reasonable distance to town and beach! With a gorgeous drive only 30 minutes to either Santa Maria or Pismo Beach with home access just off Highway 166, you can acheive abundant land, views and quiet country living with a managable commute to civilization and coastal activities. With just a few neighbors in the distance (including the fire department) there is one existing homesite with well, septic and PGE in place, and 30+ more acres for recreation, agriculture, animals and possibility. The existing home is a spacious 3 bedroom, 2.5 bath with laundry room manufactured house on land and a fixer but wait until you see the suurounding mountain, canyon and creek views in every direction!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.88
Remaining Loan Term
13 years, 3 months
Monthly PITI
$2,184.56/mo
Estimated Loan Balance
$317,047
Cash to close
$364,793
Interest Paid
$256,466

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: None
  • 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: SepticTank
  • Water Source: Well
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: ManufacturedOnLand
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1996
Details
  • Builder:

Community & HOA

Community
  • Subdivision: SM Rural(960)
  • Features: Hiking, Mountainous, Rural
HOA
  • Has HOA: No
Location
  • Region: Santa Maria

Financial Details

  • Price per Sqft: $353.6
  • Tax Annual Amount: $7125
  • On Market Date: 2024-07-21T00:00:00.000Z
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 $364,793 (64%)
You can enter any amount below - secondary financing will cover the difference if needed.
64%
$

You cover the entire equity of $364,793!

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

Loan Breakdown

Assumed Mortgage5.88% Sellers Rate
$205,207
Your Cash:$364,793
Total Purchase Price:$570,000

Assumed vs Traditional Mortgage

Assumed @ 5.88%
$1,802/mo
Traditional @ 7.5%
$2,133/mo
You save $331/month ($3,973/year)

*Secondary financing rates are an estimated value based on input

MLS ID: PI24149829

Listing From:

Last updated: 2025-03-27T18:06:45.000Z

© , 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

5.88%
7.15%

Principal & Interest

$1,802 /mo
$2,057 /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 $364,793 (64%)
You can enter any amount below - secondary financing will cover the difference if needed.
64%
$

You cover the entire equity of $364,793!

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

Loan Breakdown

Assumed Mortgage5.88% Sellers Rate
$205,207
Your Cash:$364,793
Total Purchase Price:$570,000

Assumed vs Traditional Mortgage

Assumed @ 5.88%
$1,802/mo
Traditional @ 7.5%
$2,133/mo
You save $331/month ($3,973/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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